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New Construction Fameco Real Estate is preleasing Valley Square, a 140-acre sq.ft. mixed-use project in Bucks County, PA with approximately 320,000 sq.ft. of lifestyle retail space in the initial phase. Area retail includes Wegmans. The site will also include 110,000 sq.ft. of Class A office space as well as 200 condominiums. The company is also preleasing 400,000 sq.ft. of specialty retail space at Ellis Preserve in Newtown Square, PA. The development also includes two full-service hotels, 450 residential units and 1.3 million sq.ft. of existing office space with an additional 500,000 sq.ft. proposed. For more information, contact Fameco Real Estate, 633 Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793; Web site: www.famecoretail.com.
The Grossman Cos., Inc. is developing the Marketplace on Morrissey on the site of a former Burger King in Boston, MA. The 16,000 sq.ft. center is on Morrissey Boulevard and is slated for occupancy during Fall 2007. The space can be subdivided. The average daily traffic count is 38,000 vehicles. Nearby draws include Phillips Candy House, Lambert’s Market, Ramada Inn and Comfort Inn. For more information, contact Richard McKinnon, The Grossman Cos., Inc., P.O. Box 690345, 1266 Furnace Brook Parkway, Quincy, MA 02269; 617-472-2000, Fax 617-472-1600; Email: richmck@grossmanc.com.
Hillwood and Trademark Property Co. is developing the 300-acre Alliance Town Center in Tarrant County, TX at the intersection of Interstate 35 West, Heritage Trace Parkway and North Tarrant Parkway. The company sold 20 acres to Sam Moon Trading Co., which is opening a 150,000 sq.ft. Sam Moon store selling imports and knock-offs of designer goods at the center. The Sam Moon store is slated to open in Spring 2007 and the project will also include JCPenney, slated to open Fall 2007, and a hospital. Phase one will include approximately 700,000 sq.ft. of retail, cinema, bookstore and offices centered around a public square park. For more information, contact Fremon Baker, Trademark Property Co., 301 Commerce Street, Suite 3635, Fort Worth, TX 76102; 817-810-5323, Fax 817-810-5360; Email: fbaker@trademarkproperty.com; Web site: www.trademarkproperty.com.
Crye-Leike Home Realty, Inc. is preleasing Vieux Caree, a 72,000 sq.ft. downtown center in Oxford, MS. Spaces are available of 1,753 sq.ft. to 4,264 sq.ft. Opening is slated for 2008. Area demographics include a population of 27,504 within five miles earning $28,845 as the average household income. Rent is $21 psf. For more information, contact Jacqueline B. Pegues, Crye-Leike Home Realty, Inc., 1601 Jackson Avenue West, Oxford, MS 38655; 662-607-0188, Fax 662-234-2191; Email: jackie.pegaues@cryeleike.com; Web site: www.jackiepegues.com.
American Star Development is preleasing spaces of up to 250,000 sq.ft. in The Plaza At Mall of Georgia in Buford, GA. The company is preleasing spaces for retail and restaurants, as well as outparcels. Opening is slated for Spring 2007. Area retailers include the Mall of Georgia, Nordstrom, Wal*Mart, Best Buy, Target, Sam’s Club and Costco. Area demographics include a population of 302,212 within 10 miles earning $73,398 as the average household income. For more information, contact Billy Harvin or Brian Harvin, American Star Development; 770-951-8222. Or Julie Mayran at 770-633-6216.
Jacoby Development, Inc. is preleasing spaces at Summer Station, a 110,000 sq.ft. center in Dallas, GA. Available spaces include two 30,000 sq.ft. anchor positions and 50,000 sq.ft. for small shops. There are also four outparcels available. The site is located at the intersection of Dallas Highway, State Highway 120 and East Paulding Drive with a population of 77,631 within five miles earning $95,196 as the average household income. For more information, contact Derek Jacoby, Jacoby Development, Inc., 171 17th Street NW, Suite 1550, Atlanta, GA 30363; 770-399-9930, Fax 770-206-9150. |