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New Construction The Rotella Group is preleasing Strada, a 150,000 sq.ft. center located at the intersection of Lyons Road and Coconut Creek Parkway in Coconut Creek, FL. The site has an average daily traffic count of 31,600 vehicles. Opening is slated for June 2007. Area demographics include a population of 127,961 within three miles earning $50,002 as the average household income. Asking rents range from $15 psf to $35 psf with CAM of $3 psf and taxes of $4 psf. For more information, contact Steve Miller, The Rotella Group, Inc., 3300 North Federal Highway, Suite 200, Fort Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: steve@rotellagroup.com ; Web site: www.rotellagroup.com .
Sandor Development Co. is developing Hull Street, a 15,600 sq.ft. center located on Hicks Road in Richmond, VA. The center will have spaces available of 1,600 sq.ft. to 3,000 sq.ft. Area retail includes a 62,000 sq.ft. Kroger supermarket. Area demographics include a population of 142,035 within five miles earning $63,170 as the average household income. The company also is developing Safeway Plaza, a center located at the intersection of 14 th Street and 16 th Street in Cottage Grove, OR. Tenants include Allied Cash and Supercuts and spaces are available from 1,200 sq.ft. to 3,775 sq.ft. Area demographics include a population of 14,473 within five miles earning $48,626 as the average household income. For more information, contact Blake Beaver, Sandor Development Co., 2220 North Meridian Street, Indianapolis, IN 46208; 317-442-2743, Fax 317-927-0725; Email: bbeaver@sandordev.com ; Web site: www.sandordev.com . For information regarding Safeway Plaza, contact Jason Haun, Sandor Development Co., 5725 North Scottsdale Road, Suite C-195, Scottsdale, AZ 85250; 480-949-9011 or cell 602-327-6365; Email: jhaun@sandordev.com .
Trammell Crow Co. is preleasing The Village at Quailwood, a center located at the intersection of Bradshaw Mountain Road and State Route 69 in Prescott Valley, AZ. The site has anchor, junior anchor, pads and shop space available. Area demographics include a population of 33,013 within 10 miles earning $44,752 as the average household income. The company also is prelasing Peoria Square, a 22,962 sq.ft. center located at the intersection of Loop 101 and Northern Avenue in Peoria, AZ. Area demographics include a population of 300,473 within five miles earning $52,964 as the average household income. For more information, contact Matt Milinovich, or Jeff Alba, Trammell Crow Co., 2850 East Camelback Road, Suite 270, Phoenix, AZ 85016; 602-222-4000, Fax 602-285-3141; Emails: mmilinovich@trammellcrow.com or jalba@trammellcrow.com ; Web site: www.trammellcrow.com .
Cedarwood Development, Inc. is developing Easley Town Center, a 530,000 sq.ft. center located on Calhoun Memorial Highway in Easley, SC. Opening is slated for Spring 2008. Area demographics include a population of 201,000 within 10 miles earning $52,000 as the average household income. The center is situated on a land area of 122 acres. The company also is developing Spring Meadows Place, a 225,247 sq.ft. center located at the northwest quadrant of Interstate 475 and Airport Highway in Holland, OH. Opening is slated for the summer. Area demographics include a population of 225,000 within seven miles earning $68,000 as the average household income. The company also is developing Butler Crossing, a 202,000 sq.ft. center located at the intersection of New Castle Road and Hindman Road in Butler Township, PA. Opening is slated for Fall 2007. The site has an average daily traffic count of 47,000 vehicles. For more information, contact Cedarwood Development, Inc., 1765 Merriman Road, Akron, OH 44313; 330-869-2251, Fax 330-864-8094; Web site: www.cedarwooddevelopment.com .
Sage Cosgray Development is developing Patch Plaza, a center located at the intersection of Cosgray Road and Woodview Way in Hilliard, OH. The center will have spaces available of 800 sq.ft. to 20,000 sq.ft. Area demographics include a population of 94,724 within five miles earning $79,186 as the average household income. Opening is slated for January 2007. For more information, contact Josh Fitzwater, Sage Cosgray Development, 4656 Executive Drive, Columbus, OH 43220; 614-545-1444, Fax 614-545-1444.
Indermuehle & Co. is planning to develop additions for the Sugar Land Town Square in Sugar Land, TX, including an additional 51,000 sq.ft. of high-end retail space, as well the Brazos Town Center at the intersection of U.S. 59 and FM 762 in Brazos, TX. The Brazos addition will include 100 acres of retail space, including restaurants and a movie theater. For more information, contact Indermuehle & Co., 1650 Highway 6, Suite 190A, Sugar Land, TX 77478; 281-240-9090, Fax 281-276-6590; Web site: www.icotexas.com .
CB Richard Ellis is preleasing Chandler Airport Center, a proposed mixed-use development situated on a land area of approximately 225 acres in Chandler, AZ. The center will be located at the intersection of Cooper Road and the Loop 202 Freeway. Area retail includes Crossroads Towne Center. Area demographics include a population of 239,216 within five miles earning $73,195 as the average household income. For more information, contact CB Richard Ellis, 2415 East Camelback Road, First Floor, Phoenix, AZ 85016; 602-735-5555, Fax 602-735-5655; Web site: www.cbre.com .
Talon Development Group, Inc. is planning to develop a center located on the southwest corner of Interstate 69 and M-24 in Lapeer Township, MI. The center will be situated on a land area of 94 acres as part of a 227-acre, proposed mixed-use PUD development. The center has potential for 800,000 sq.ft. of retail space, with 468 residential units on the adjacent property. Area demographics include a population of 65,823 within 10 miles earning $67,111 as the average household income. The site has an average daily traffic count of 23,795 vehicles. The company also is developing a center located at the intersection of Hill and Fenton Roads in Grand Blanc, MI. The center will be situated on a land area of 30 acres. Area demographics include a population of 315,596 within 10 miles earning $55,446 as the average household income. The site has an average daily traffic count of 46,617 vehicles. The company also is developing Grand Blanc Village, a center located at the intersection of Saginaw Road and Baldwin Road in Grand Blanc, MI. The proposed 300,000 sq.ft. center will be situated on a land area of 129 acres. Area demographics include a population of 189,337 within 10 miles earning $67,257 as the average household income. For more information, contact Cathy P. Wilson, Talon Development Group, Inc., 550 Hulet Drive, Suite 103, Bloomfield Hills, MI 48302; Web site: www.talondev.com .
The Sembler Co. is developing Hammock Park, a center located at the intersection of Collier Boulevard and Rattlesnake Hammock Road in Naples, FL with an average daily traffic count of 27,928 vehicles. Opening is slated for mid 2008. Area demographics include a population of 111,523 within seven miles earning $54,603 as the average household income. The company also is developing Paley Place, a center located at the intersection of Lockwood Ridge Road and State Route 70 in Bradenton, FL. Area demographics include a population of 149,068 within five miles earning $49,212 as the average household income. The company also is developing Park Street, a center located in Seminole, FL. Opening is slated for Fall 2007. Area demographics include a population of 233,451 within five miles earning $50,463 as the average household income. The company also is developing Lem Turner, a 390,000 sq.ft. center located at the intersection of Interstate 295 and Lem Turner with an average daily traffic count of 57,500 vehicles. Area demographics include a population of 223,121 within 10 miles earning $44,524 as the average household income. Opening is slated for Fall 2007. The center will be anchored by a national discount department store. For more information, contact The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33707-1728; 727-384-6000, Fax 727-343-4272; Web site: www.sembler.com .
Armstrong Development is developing a five-acre site located at the intersection of SEC Highway 377 and Sproles Drive in Benbrook, TX. Area retail includes Walgreens, Albertsons, CVS and Wal*Mart Supercenter. Area demographics include a population of 34,775 within three miles earning $65,102 as the average household income. The site has an average daily traffic count of 25,899 vehicles. The company also is developing a site located at the intersection of Risinger Road and Hulen Road in Fort Worth, TX. Area retail includes CVS, Walgreens and a proposed Kroger supermarket. Area demographics include a population of 144,297 within five miles earning $65,681 as the average household income. The company also is developing Town Lake Crossing, a center located at the intersection of Southlake Boulevard and Randol Mill Road in Southlake, TX. The center will be anchored by a proposed Sprouts Farmers Market and Chase Bank. Area demographics include a population of 136,236 within five miles earning $130,396 as the average household income. The site has an average daily traffic count of 76,740 vehicles. The company also is developing a 1.262-acre pad site located at the intersection of Walnut Hill Lane and MacArthur Boulevard in Las Colinas, TX. The site has an average daily traffic count of 68,909 vehicles. Area demographics include a population of 172,117 within five miles earning $68,711 as the average household income. The company also is developing an outparcel located at the southwest corner of Interstate 4 and Thonotosassa Road in Plant City, FL. The center is anchored by Publix. Construction is slated to begin during the third quarter of this year. Area retail includes Subway, Blockbuster Video, AmSouth Bank, Alltel, Dollar General, Pak Mail, Hair Masters, Edward Jones, H&R Block and Mi Casa Mexican Restaurant. The company also is developing The Village at Indian Rocks Beach, an 18,146 sq.ft. center located at City Block on Gulf Boulevard, between 25 th and 26 th Avenues in Indian Rocks Beach, FL. Construction is slated to begin during the first quarter of 2007. Demographics include a trade-area population of 8,963 earning $101,691 as the average household income. For more information, contact Armstrong Development, Birmingham Towers, 2100 Wharton Street, Suite 700, Pittsburgh, PA 15203; 412-381-1122, Fax 412-381-1123; Web site: www.armstrongdev.com . Or contact, Jon Waters, 222 West Las Colinas Boulevard, Suite 1610, Irving, TX 75039; 972-869-8055, Fax 972-869-8063; Email: jwaters@agoc.com .
Ceruzzi Holdings is developing Griswold Center located at the intersection of State Route 164 and Interstate 395 in Griswold, CT. For more information, contact Ceruzzi Holdings, LLC, 1720 Post Road, Fairfield, CT 06824; 203-256-4000, Fax 203-256-4001.
North American Properties Southeast, Inc. is developing the following centers: Richmond Hill Plantation, a 90,000 sq.ft. center located on Highway 144 in Richmond Hill, GA. Opening is slated for winter 2007. The site has an average daily traffic count of 12,660 vehicles. Trade-area demographics include a population of 17,541 earning $80,151 as the average household income. The company also is developing phase II of Naples Walk, a 150,000 sq.ft. center located on Airport Pulling Road in Naples, FL. Area demographics include a population of 87,552 within five miles earning $99,869 as the average household income. The company also is developing Shops at Silverleaf, a 70,000 sq.ft. center located in Manatee County, FL. Area demographics include a population of 18,500 within three miles earning $59,087 as the average household income. The company also is developing Chili Commons, a 345,000 sq.ft. center located at the intersection of Paul Road and Chili Avenue in Chili, NY. Opening is slated for spring 2008. Area demographics include a population of 171,746 within seven miles earning $59,568 as the average household income. For more information, contact Ryan Joyce or Jimmy Adkins, North American Properties Southeast, Inc., 7500 College Parkway, Fort Myers, FL 33907; 239-278-1121, Fax 239-278-0995; Web site: www.naproperties.com . For more information regarding Naples Walk, contact Mark Williamson, Jimmy Adkins or Dale Hafele. For more information regarding Shops at Silverleaf, contact Ryan Joyce or Shawn McIntyre. For more information regarding Chili Commons, contact North American Properties, 1080 Holcomb Bridge Road, Building 200, Suite 150, Roswell, GA 30076; 770-645-6566, Fax 770-643-9540.
May Realty Advisors is preleasing Shops at Oak Creek, a 33,000 sq.ft. center located on Canwood, just east of the Kanan Road exit, in Agoura Hills, CA. Opening is slated for the first quarter of 2007. Area demographics include a population of 407,737 within 10 miles earning $107,564 as the average household income. For more information, contact Matthew May, May Realty Advisors, 16633 Ventura Boulevard, Suite 925, Encino, CA 91436; 818-322-4646, Fax 818-905-7559; Email: matthew@mayrealtyadvisors.com .
Ashley Co. Commercial Real Estate is preleasing Brockington Crossing, a 50-acre development located in Sherwood, AR. Area demographics include a population of 172,146 within 10 miles earning $57,076 as the average household income. For more information, contact Rick Ashley or Gregg Mueller, Ashley Co. Commercial Real Estate, 2851 Lakewood Village Drive, North Little Rock, AR 72116; 501-758-7745, Fax 501-758-0835; Emails: rhashley@ashleygroup.net and gemueller@ashleygroup.net .
The Linder Co. is preleasing Maysville Pointe, a center located at the intersection of Maysville Road and Interstate 469 in Fort Wayne, IN. The center has anchor, small shop and outlot space available. Area retail includes Wal*Mart Supercenter, Kohl’s, Marshalls and Office Depot. Area demographics include a population of 140,000 within seven miles earning $59,000 as the average household income. The company also is preleasing Church Brothers at Heartland Crossing, a 35,000 sq.ft. center located at the intersection of State Road 67 and Heartland Crossing Boulevard in Camby, IN. Opening is slated for later this year. The company also is preleasing Exit Five Plaza, a center located at the intersection of 116 th Street and Cumberland Road in Fishers, IN. Opening is slated for fall 2007. For more information, contact Larry Davis, The Linder Co., 2325 Pointe Parkway, Suite 250, Carmel, IN 46032; 800-999-2919; Email: ldavis@lindercompany.com ; Web site: www.lindercompany.com . For more information regarding Church Brothers at Heartland Crossing, contact Craig Ramsay; Email: cramsay@lindercompany.com .For more information regarding Exit Five Plaza, contact Mark Perlstein at mperlstein@lindercompany.com .
Phoenix Commercial Advisors is preleasing a center located at the intersection of Pebble Creek Parkway and Interstate 10 in Goodyear, AZ. The center is situated on a land area of 47 acres. Opening is slated for the third quarter of 2007. Area demographics include a population of 76,317 within five miles earning $64,579 as the average household income. For more information, contact Lance Umble or Tim Gunnink, Phoenix Commercial Advisors, 3020 East Camelback Road, Suite 215, Phoenix, AZ 85016; 602-957-9800, 609-734-7206/7205, Fax 602-957-0889; Web site: www.phoenixcommercialadvisors.com .
NAI Horizon is preleasing Cheyenne Point, a center located at the intersection of Cheyenne and Civic Center in North Las Vegas, NV. The center will have spaces available of 1,200 sq.ft. to 10,000 sq.ft. and will be tenanted by Gen X Clothiers, Marianas Supermarkets, Starbucks, T-Mobile, LA Insurance and PWS Laundry. Area demographics include a population of 155,096 within three miles earning $44,201 as the average household income. The site has an average daily traffic count of 68,400 vehicles. For more information, contact Dave Johnson or Jacqueline Young, NAI Horizon, 6725 Via Austi Parkway, Suite 300, Las Vegas, NV 89119;702-938-6536/6529/6511; Emails: dave.johnson@naihorizon.com , jyoung@naihorizon.com ; Web site: www.naihorizon.com .
Westcor is developing Chandler Village Center, a 459,902 sq.ft. center located at the intersection of Price and Santan Freeway in Chandler, AZ. The center is located directly adjacent to the Chandler Fashion Center, a 1.3 million sq.ft. mall anchored by Nordstrom, Dillard’s, Macy’s and Sears. The Chandler Village Center will be anchored by Costco, Target Greatland, Bed Bath & Beyond, Sports Authority and DSW Shore Warehouse. Area demographics include a population of 234,426 within five miles earning $76,035 as the average household income. For more information, contact Westcor, 11411 North Tatum Boulevard, Phoenix, AZ 85028-2399; 602-953-6200; Web site: www.westcor.com .
Stirling Properties is preleasing Meridian Marketplace, a center located on Highway 19 North in Meridian, MS. The site has an average daily traffic count of 16,000 vehicles. Area demographics include a population of 42,392 within five miles earning $28,140 as the average household income. Area retail includes Wal*Mart Supercenter. For more information, contact Monte Luffey or Tim Carlson, Stirling Properties, 1911 23rd Avenue, Gulfport, MS 39502; 228-864-8629, Fax 228-563-5617; Emails: mluffey@stirlingprop.com and tcarlson@stirlingprop.com .
Goldberg Properties, Inc. is preleasing a proposed 165,000 sq.ft. to 200,000 sq.ft. center located at the intersection of Interstate 25 and Harmony in Timnath, CO. The center will be situated on a land area of 20 acres. The company also is preleasing a proposed 400,000 sq.ft. to 600,000 sq.ft. center located at the intersection of Interstate 25 and 144 th Avenue in Thornton, CO. The center will be situated on a land area of up to 100 acres. Demographics include a trade-area population of 128,846 earning $77,545 as the average household income. For more information, contact Goldberg Properties, Inc., 195 West 12 th Avenue, Denver, CO 80204; 303-759-8000, Fax 303-863-0275; Web site: www.goldbergprop.com .
Echo Real Estate Services is preleasing Cumberland Commons, a proposed 350,000 sq.ft. center located off Route 68 in Cumberland, MD. Area demographics include a population of 42,340 within seven miles earning $32,224 as the average household income. The company also is preleasing Murrysville, a center located at the intersection of Route 22 – Old William Penn Highway, Wilson Road and Manor Road in Murrysville, PA. Area demographics include a population of 91,001 within seven miles earning $46,741 as the average household income. For more information, contact Echo Real Estate Services, 701 Alpha Drive, Pittsburgh, PA 15238; 412-968-1660.
David Cronheim Co. is preleasing a land area of 9.9 acres on Woodbury Glassboro Road in Mantua, NJ. The site is planned for a 90,000 sq.ft. center and is situated two miles from Rowan University. Area retail will include Lowe’s Home Improvement, Target, Staples and PetSmart. For more information, contact Chris Flammer, David Cronheim Co., 973-635-2180 Ext. 2228; Email: cflammer@cronheim.com ; Web site: www.cronheim.com .
Faison is developing Southern Lane, a center located at the intersection of U.S. 220 and Southern Lane in Roanoke, VA. Opening is slated for spring 2007. The center will be situated on a land area of 12 acres and will be anchored by Home Depot and has two outparcels available. Area demographics include a population of 210,675 within 10 miles earning $52,811 as the average household income. Area retail includes Wal*Mart and Lowe’s Home Improvement. The company also is developing Settlers Ridge, a 525,000 sq.ft. center located at the intersection of Parkway West at Ridge Road/Campbells Run Road in Pittsburgh, PA. The center will be situated on a land area of 77 acres and will be anchored by a multiplex cinema, book/music superstore, specialty supermarket, sporting goods store, health club, home store and an apparel store. Opening is slated for fall 2008. Area demographics include a population of 386,523 within a 15-minute drive time earning $55,216 as the average household income. The company also is developing Mill Creek Square, a 300,000 sq.ft. center located at the intersection of U.S. Highway 30 and PA Route 896 in East Lampeter, PA. Opening is slated for spring 2008. The center will be situated on a land area of 35 acres, will be anchored by a supermarket, home goods store and major apparel retailers and will have three pad sites available. The company also is developing Wendell Crossing, a center situated on a land area of 72 acres at the intersection of Highway 64 Bypass and Highway 64 Business in Wendell, NC. The center will be anchored by Wal*Mart Supercenter and will have 10 outparcels. Opening is slated for spring 2008. Area demographics include a population of 143,540 within 10 miles earning $62,692 as the average household income. For more information regarding Southern Lane and Wendell Crossing, contact Jensie Teague or Bill Barnett, Faison, 27 th Floor, 121 West Trade Street, Charlotte, NC 28202; 704-972-2642/2640; Emails: jensie.teague@faison.com and bill.barnett@faison.com ; Web site: www.faison.com . For more information regarding Settlers Ridge and Mill Creek Square, contact Drew Gorman, Erik L. Ylitalo, Cathy Hess or Sheena Richardson, Faison, Suite 800, 7920 Norfolk Avenue, Bethesda, MD 20814; 240-497-0523/0524/0521/0526; Emails: drew.gorman@faison.com , erik.ylitalo@faison.com , cathy.hess@faison.com and sheena.richardson@faison.com .
Pettinaro is preleasing London Grove, a center located at the intersection of Route 42 and Baltimore Pike in Chester County, PA. Opening is slated for the fall. The center is anchored by Acme and has space of 350,000 sq.ft. available. For more information, contact Pettinaro, 302-999-0708; Email: jgiberson@pettinaro.com .
Bows Real Estate is preleasing an expansion of Triangle East, a 93,000 sq.ft. center located at the intersection of Capital Boulevard and Old Wake Forest in Raleigh, NC. The expansion includes a 35,000 sq.ft. anchor and 10,500 sq.ft. in small shop space. Area demographics include a population of 403,619 within 10 miles earning $74,620 as the average household income. For more information, contact David Bows, Bows Real Estate, PO Box 52225, Atlanta, GA 30355; 404-842-1677; Email: djbows@mindspring.com .
Crosland is developing Mirabay Village, a center situated on a land area of 31.3 acres at the southwest corner of U.S. 41 and Leisey Road in Apollo Beach, FL. Proposed tenants include a supermarket, pharmacy, day spa, liquor store, cards and party store, coiffure, ice cream shop, a ready to wear store and a small office service component. The center will include up to 100 townhome/flats. For more information, contact Austin Williams, Crosland, 227 West Trade Street, Suite 800, Charlotte, NC 28202; 704-561-5285, Fax 704-523-7110; Email: awilliams@crosland.com ; Web site: www.crosland.com .
Sullivan Hayes Brokerage is preleasing a center located at the intersection of Interstate 25 North and County Line Road in Centennial, CO with an average daily traffic count of 120,900 vehicles. Opening is slated for Fall 2007. Area demographics include a population of 172,734 within five miles earning $122,433 as the average household income. The company also is preleasing Harmony School Shops, a center located at the intersection of Harmony and Timberline in Fort Collins, CO. Opening is slated for the third quarter of 2006. Area demographics include a population of 115,691 within five miles earning $73,689 as the average household income. The company also is preleasing retail pads and inline space at the intersection of Thornton Parkway and Colorado Boulevard in Thornton, CO. The site has an average daily traffic count of 31,652 vehicles. Area demographics include a population of 245,526 within five miles earning $67,552 as the average household income. For more information, contact Daniel M. Miller or Scott Nannemann, Sullivan Hayes Brokerage, 2000 South Colorado Boulevard, Tower 1, Suite 8500, Denver, CO 80222; 303-534-0900, Fax 303-831-1333; Emails: dmm@sullivanhayes.com and scottn@sullivanhayes.com ; Web site: www.sullivanhayes.com .
Cormac Co. is developing Legacy, a 300,000 sq.ft. center located at the intersection of 168 th Street and WestCenter Road in Omaha, NE. Opening is slated for the fall. The center will be situated on a land area of 30 acres. Area demographics include a population of 189,564 within five miles earning $110,747 as the average household income. The site has an average daily traffic count of 51,000 vehicles. The company also is developing Pacific Pointe, a 323,000 sq.ft. center located at the intersection of South 204 th Street and Pacific Street in Omaha, NE. Opening is slated for Spring 2007. The center will be situated on a land area of 35 acres. Area demographics include a population of 85,107 within five miles earning $113,678 as the average household income. The site has an average daily traffic count of 20,000 vehicles. The company also is developing Centre Pointe, a 234,000 sq.ft. center located at the intersection of South 204 th Street and West Center Road in Omaha, NE. Opening is slated for Fall 2007. The center will be situated on a land area of 30.5 acres. Area demographics include a population of 86,796 within five miles earning $118,617 as the average household income. The site has an average daily traffic count of 27,000 vehicles. For more information, contact Cormac Co., 16820 Frances Street, Suite 102, Omaha, NE 68130; 800-259-1298; Web site: www.cormaccompany.com .
LMS Commercial Real Estate is preleasing Keystone Arms, a 27,600 sq.ft. center located at the intersection of Carlisle Pike and Post Road in Carlisle, PA. Opening is slated for October. The center has spaces available ranging from 1.427 acres to 1.845 acres. Area demographics include a population of 109,335 within 10 miles earning $67,227 as the average household income. For more information, contact Joseph R. Deerin, LMS Commercial Real Estate, 120 North Pointe Boulevard, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Email: mbenjamin@lms-pma.com ; Web site: www.lms-pma.com .
Vita & Vita Realty Corp. is preleasing Phases II and III of Campus Plaza, a 51,793 sq.ft. center located at the intersection of Dover-Chester Road and Highway Route 10 in Randolph, NJ. Construction for the 25,200 sq.ft., two-story Randolph Medical Arts Building, a freestanding 3,600 sq.ft. bank and 10,000 sq.ft. of retail shops will complete the nine-acre development tenanted by a freestanding CVS Pharmacy with a drive-thru. Opening is slated for this month. For more information, contact Anthony V. Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233, Fax 973-227-5133; Email: tony@vitarealty.com ; Web site: www.vitarealty.com .
CDE Development Group is preleasing Snug Harbor, a center located at the intersection of Gandy Boulevard and San Martin Street in St. Petersburg, FL. The center will be anchored by Quiznos and a planned Boater’s World. Area demographics include a population of 50,000 within three miles earning $69,500 as the average household income. The site has an average daily traffic count of 60,000 vehicles. Asking rent is $28 psf. The company also is preleasing a 18,520 sq.ft. center located at the intersection of Ulmerton Road and 38 th Street in Largo, FL. The center will be anchored by Quiznos and Panchero’s Mexican Grill. Area demographics include a population of 87,016 within three miles earning $77,985 as the average household income. The site has an average daily traffic count of 100,000 vehicles. Asking rent is $28 psf NNN. The company also is preleasing Westside Centre, a 17,625 sq.ft. center located at the intersection of Walsingham Road and 137 th Street in Largo, FL. The center will be anchored by Washington Mutual and Guthries Fried Chicken. Area demographics include a population of 79,751 within three miles earning $64,303 as the average household income. Asking rent is $28 psf. The company also is preleasing Wesley Chapel, a 23,400 sq.ft. center located at the intersection of State Road 54 and Bruce B. Downs in Wesley Chapel, FL. The center will be anchored by Guthrie’s Fried Chicken, Quiznos and Cingular Wireless. Area demographics include a population of 60,000 within three miles earning $86,868 as the average household income. The site has an average daily traffic count of 50,000 vehicles. Asking rent is $30 psf. The company also is preleasing Van Dyke Commons, a 136,000 sq.ft. center located at the intersection of North Dale Mabry Highway and Van Dyke Road in Lutz, FL. The center currently has spaces available of 2,000 sq.ft. to 10,000 sq.ft., as well as junior boxes of 15,336 sq.ft. and 25,802 sq.ft. Anchors will include Golfsmith and LA Fitness. Asking rent is $28 psf. For more information, contact Tony Menendez, Melisa French or Rick Wize, CDE Development Group, 5509 West Gray Street, Suite 201, Tampa, FL 33609; 813-637-0500, Fax 813-637-0609; Emails: tony@cdellc.com , akumal123@aol.com and rick@cdellc.com .
Horizon Properties is preleasing Laroc Shopping Center, a 115,000 sq.ft. center located at the intersection of 8 th Street and SW 147 th Avenue in Miami, FL. Opening is slated for this winter. The center is anchored by Sedano’s Supermarket. Asking rent is $30 psf with CAM of $5.50 psf. For more information, contact Jennifer Espailla or Michael Behar, Horizon Properties, 7705 146 Street, Miami Lakes, FL 33018; 305-364-9945, Fax 305-364-9980; Email: jespaillat@horizonpropertiesfl.com ; Web site: www.horizonpropertiesfl.com .
The Richmond Co. is preleasing a proposed 60,000 sq.ft. center located at the intersection of Route 7 and Monkton Road in Ferrisburgh, VT. The center has spaces available of 1,600 sq.ft.; 3,000 sq.ft.; 15,000 sq.ft. and 35,000 sq.ft. Area demographics include a population of 9,913 within seven miles. The company also is preleasing a proposed center located on Broadway at the Interstate 495 South Ramp in Raynham, MA. Area demographics include a population of 20,018 within three miles earning $72,796 as the average household income. The company also is preleasing a proposed 60,000 sq.ft. center located on Pershing Street in Derby, CT. Area demographics include a population of 95,492 within five miles. Area retail includes ShopRite. The company also is preleasing a proposed center located at the intersection of Memorial Drive and River Street in West Springfield, MA. Area demographics include a population of 85,192 within three miles earning $43,755 as the average household income. For more information, contact The Richmond Co., Inc., 23 Concord Street, Wilmington, MA 01887; 978-988-3900, Fax 978-988-3950.
Paradise Village Center/Hamden Pond, LLC is developing Paradise Village Center, a 50,000 sq.ft. center located at the intersection of Dixwell Avenue and Mather Street in Hamden, CT. The center will include over 40 specialty food vendors from 100 sq.ft. to 1,000 sq.ft. each and several restaurants, including two indoor-outdoor sites. Area retail includes Home Depot. Area demographics include a population of 178,028 within five miles. The center will include an indoor fountain, music, courtyards and a sitting area for local residents and customers. For more information, contact Paradise Village Center/Hamden Pond, LLC, PO Box 940007, Belle Harbor, NY 11694-0007; 718-318-0994, Fax 718-945-0155; Email: arthurjay@mindspring.com ; Web site: www.paradisevillagecenter.com .
Carolina Holdings, Inc. is preleasing Village at Pelham, a 35,000 sq.ft. center located at the intersection of Highway 14 and Westmoreland Road in Greer, SC. The center is situated on a land area of 22 acres and has spaces available of 1,800 sq.ft.; 3,000 sq.ft. and 15,000 sq.ft., as well as outlots of 43,560 sq.ft.; 87,120 sq.ft. and 130,680 sq.ft. Opening is slated for spring 2007. Area demographics include a population of 313,200 within 10 miles earning $71,240 as the average household income. The site has an average daily traffic count of 20,000 vehicles. Asking rents range from $18 psf to $20 psf with CAM of $6 psf and taxes of $1.25 psf. For more information, contact Ron Johnson or Britt Goodson, Carolina Holdings, Inc., 300 North Main Street, Suite 402, Greenville, SC 29601; 864-272-0088, Fax 864-272-0078; Email: rejohn44@aol.com ; Web site: www.choldings.com .
Powers & Co. is preleasing Jackson Square, a 110,000 sq.ft. center located at the intersection of Columbus Avenue and Centre Street in the Roxbury/Jamaica Plain section of Boston, MA. The center is situated on a land area of 12 acres and will include a youth and family center and an indoor sports and recreation facility, over 400 housing units, 60,000 sq.ft. of retail space and office and institutional space. Area demographics include a population of 421,592 within three miles earning $70,433 as the average household income. For more information, contact Mary Powers, Powers & Co., PO Box 435, Lynnfield, MA 01940; 781-334-4661; Email: powers.co@verizon.net ; Web site: www.powersandco.com .
Territory, Inc. is developing Commerce Commons, a 150,000 sq.ft. center located at the intersection of Commerce and Centennial in North Las Vegas, NV. Opening is slated for Summer 2007. The center will be anchored by Albertsons. The company also is developing Riverwalk at Ann Road, a 71,000 sq.ft. center located at the intersection of Ann and Decatur in North Las Vegas, NV. For more information, contact Tami Lord or Laurie Norkus, Territory, Inc., 7448 West Sahara Avenue, Suite 101, Las Vegas, NV 89117; 702-222-1402 Ext. 8 and Ext. 4, Fax 702-227-0746; Emails: tamilord@territoryinc.com and lnorkus@territoryinc.com .
Opus Northwest is preleasing Issaquah Highlands, a mixed-use center located at the intersection of 10 th Avenue and Main Street in Issaquah, WA. The center will include 385,000 sq.ft. of retail, 115,000 sq.ft. of office space and 39 townhome units and is situated on a land area of 29 acres. Opening is slated for Summer 2008. Demographics include a trade-area population of 175,000 earning $100,000 as the average household income. The company also is preleasing Shoppes on Maine, a 600,000 sq.ft. center located off South Broadway, between 40 th and 48 th Streets, in Rochester, MN. The center is situated on a land area of 60 acres, is slated to open during October, and is part of a 100-acre, master-planned development with lifestyle amenities. Prospective tenants include a 175,000 sq.ft. general merchandise retailer; a 135,000 sq.ft. home improvement retailer; a 60,000 sq.ft. theater; and a 50,000 sq.ft. sporting goods retailer, as well as over 20,000 sq.ft. of small shop space and eight pad sites. For more information, contact Dave Cuthill, Opus Northwest, 915 118th Avenue Southeast, Suite 300, Bellevue, WA 98005; 425-519-6835; Email: david.cuthill@opusnw.com . For more information regarding Shoppes on Maine, contact John Meyers, Opus Northwest, 10350 Bren Road West, Minnetonka, MN 55343; 952-656-4498; Email: john.meyers@opusnw.com .
Coffman Realty, Inc. is preleasing a center located on Route 38 in Wilmington, MA. The center will be situated on a land area of 7.8 acres and will have spaces available of 1,200 sq.ft. to 18,000 sq.ft. Area retail includes Wilmington Plaza, which is anchored by Market Basket. Area demographics include a population of 249,884 within seven miles earning $79,071 as the average household income. Opening is slated for fall 2007. For more information, contact Michael Coffman, Coffman Realty, Inc., 1300 Belmont Street, Suite 302, Brockton, MA 02301; 508-588-0560, Fax 508-584-7687.
The Wilder Cos. is planning to develop The Loop – Northborough, a one million sq.ft. mixed-use center located at the intersection of Routes 9 and 20 in Northborough, MA. The center will contain retail, entertainment and office components with 350 residential units. The retail segment is an open-air center that evokes the feeling of a Main Street-style town center with wide sidewalks, benches and street lamps. Construction is slated to begin this fall. For more information, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617-247-4044.
The Pederson Group is developing Hayden Peak Crossing, a center located at the intersection of Thompson Peak Parkway and Hayden Road in Scottsdale, AZ. The center will be anchored by a 75,000 sq.ft. Fry’s Signature Store. The site has an average daily traffic count of 32,000 vehicles. Opening is slated for June 2007. Area demographics include a population of 27,379 within three miles earning $133,644 as the average household income. The company also is developing Lone Mountain Marketplace, a center located at the intersection of Lone Mountain Road and Scottsdale Road in Scottsdale, AZ. The site has an average daily traffic count of 30,000 vehicles. Opening is slated for Fall 2007. The center will be anchored by AJ’s Fine Foods. Area demographics include a population of 57,649 within five miles earning $126,357 as the average household income. The company also is developing Festival Marketplace, a center located at the intersection of Sun Valley Parkway and Canyon Springs Road in Buckeye, AZ. Opening is slated for Fall 2008. For more information, contact The Pederson Group, 2800 North Central Avenue, 15 th Floor, Phoenix, AZ 85004; 602-265-2888.
Windsor Realty, LLC is preleasing The Shops at Chiquita Commons, a 50,000 sq.ft. center located at the intersection of Pine Island Road and Chiquita Boulevard in Cape Coral, FL. Opening is slated for Summer 2007. Area demographics include a population of 92,960 within five miles earning $53,022 as the average household income. Asking rents range from $24 psf to $30 psf with CAM of $6 psf. For more information, contact Robert C. Miller Jr., Windsor Realty, LLC, 407 East Cape Coral Parkway, Cape Coral, FL 33904; 239-560-5300, Fax 239-540-9050; Email: rmillerjr@windsorrealtygroup.com ; Web site: www.windsorrealtygroup.com .
CENTDEV Properties, LLC is developing a 7,408 sq.ft. addition to Northlake Village, a center located across from North Lake Mall off the Interstate 77 exit 18 in Cornelius, NC. The center is tenanted by Rug Gallery, a Mexican restaurant and a framed art store. Opening of the addition is slated for September. For more information, contact Dale Tweedy, CENTDEV Properties, LLC, 16930 West Catawba Avenue, Suite 206, Cornelius, NC 28031; 704-895-1535 Ext. 17, Fax 704-895-1504; Email: dtweedy@centdev.com .
Regency Centers is developing 4S Commons Town Center, a 265,609 sq.ft. center located at the intersection of Rancho Bernardo Road and Dove Canyon Road in San Diego, CA. The site has an average daily traffic count of 18,000 vehicles. The center is anchored by Ralphs, Bed Bath & Beyond and Cost Plus. Area demographics include a population of 47,027 within three miles earning $94,001 as the average household income. The company also is developing Falcon Highlands Marketplace, a 207,305 sq.ft. center located at the intersection of Woodmen Road and Meridian Road in Falcon, CO. The center is anchored by Wal*Mart Supercenter. Area demographics include a population of 11,271 within five miles earning $86,323 as the average household income. For more information, contact Regency Centers, 265 Santa Helena, Suite 211, Solana Beach, CA 92075; 858-847-4600 or 888-458-9270; Web site: www.regencycenters.com . For more information regarding Falcon Highlands Marketplace, contact Regency Centers, 1873 South Bellaire Street, Suite 600, Denver, CO 80222; 303-300-5300 or 888-920-9500.
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