|
New Construction
|
|
|
New Construction The Shoppes at Southpointe, LLC, a joint venture of Cullinan Properties, Ltd. and Horizon Properties, is developing Southpointe Town Center in Canonsburg, Washington County, PA. The center is an 800,000 sq.ft. mixed-use development, which will contain a 500,000 sq.ft. lifestyle center. The lifestyle center will be anchored by a theater with stadium seating and will include power center tenants, restaurants, one million sq.ft. in office space and more than 330 residential units. The retail portion of the center is slated to open in mid-2008 with access from Interstate 79 and Southpointe Boulevard. Nearby draws include a golf course and 600 residential units. Area demographics include a population of 252,486 within 10 miles earning $88,052 as the average household income. The site has a daily traffic count of 30,000 vehicles. For more information, contact Chuck Boyson, Cullinan Properties, Ltd., 211 Fulton Street, Suite 700, Peoria, IL 61602; 309-999-1700, Fax 309-999-1701; Web site: www.cullinanproperties.com.
Struever Fidelco Cappelli is developing various components for the initial phase of a $1.5 billion redevelopment plan for downtown Yonkers, the Hudson River Waterfront and the Nepperhan Valley corridor in NY. The River Park Center will be a mixed-use project featuring retail, office, residential and entertainment uses. The 465,000 sq.ft. retail development is anticipated to include a supermarket, an anchor retail store, a book and music store, an electronics retailer and a sporting goods store. The project also will include 325,000 sq.ft. of office space in multiple buildings; 80,000 sq.ft. of restaurant space with restaurants opening onto a riverwalk on the Saw Mill River; a 15-screen, 80,000 sq.ft. movie theater; a 6,500-seat ballpark located on the roof of the River Park Center and 950 residential apartments in two buildings. The company also will develop Pallisades Point, planned for two Hudson River waterfront development sites. The project will feature 436 condominiums and 9,000 sq.ft. of retail/restaurant or office space. For more information, contact Struever Fidelco Cappelli; 914-762-1900; Email: info@sfcyonkers.com; Web site: www.sfcyonkers.com.
Developers Realty Corp. is developing Stony Hill Square, a 225,000 sq.ft. mixed-use development on Stony Hill Road in Bethel, CT located 65 miles from New York, NY. The center will feature a gourmet grocer, book store and upscale retailers and restaurants. Area demographics include a trade area population of 190,000 earning $100,000 as the average household income. Opening is slated for Fall 2007. For more information, contact Joe Baranowski, Jr., Developers Realty Corp., Corporate Center West, 433 South Main Street, Suite 310, West Hartford, CT 06110; 860-561-0121, Fax 860-521-4323; Email: sales@developers-realty.com. Mansfield Commercial Real Estate is preleasing space at Grand Street Crossing in Goshen, NY. Occupancy of the 12,000 sq.ft. two-level site is slated for Spring 2007. Area demographics include a population of 171,177 within 10 miles earning $66,907 as the average household income. The site is near the county courthouse and government offices. For more information, contact Elisabeth Mansfield, Mansfield Commercial Real Estate, 3 Hatfield Lane, Suite 3A, Goshen, NY 10924; 845-294-1000.
Rappaport Retail Brokerage is preleasing pad sites and inline spaces from 1,158 sq.ft. to 4,500 sq.ft. at the Bristow Center at the intersection of Vint Hill Road and Nokeinsville Road in Bristow, VA. The center will open Spring 2007 and is tenanted by Harris Teeter, Tiger Martial Arts, Bristow Cleaners, Pickle Bob’s, Tony’s NY Pizza, China Café, PNC Bank, US Nails, BB&T, Cingular Wireless, Subway and Virginia ABC Liquor. Area demographics include a population of 98,973 within five miles earning $80,487 as the median household income. For more information, contact Will Collins, The Rappaport Cos., 8405 Greensboro Drive, Suite 830, McLean, VA 22102; 571-382-1225, Fax 571-382-1210; Email: wcollins@rappaportco.com; Web site: www.rappaportco.com.
Rosetto Realty Group, LLC is preleasing pad sites and retail spaces at the proposed Barnegat Plaza 67 located at the intersection of West Bay Avenue and Lighthouse Drive in Barnegat, NJ. Bank, fast food and day care pad sites are available, as well as a restaurant site. Pad site rents range from between $85,000 NNN to $90,000 NNN annually. The company also is seeking an anchor food store for the site. The 200,000 sq.ft. center sits on a land area of 25 acres. Area demographics include a population of 45,480 within five miles earning $57,504 as the median household income. For more information, contact Ronald Rosetto, Rosetto Realty Group, LLC, 81 East Water Street, Suite 3C, Toms River, NJ 08753; Email: ron@rosettorealty.com; Web site: www.rosettorealty.com.
Flad Development & Investment Corp. is preleasing space at a Panera Bread-anchored development at the intersection of Mineral Point Road and Grand Canyon Drive in Madison, WI. Asking rent is $30 psf NNN. Opening is slated for June 2007. The average daily traffic count is 35,000 vehicles. Nearby draws include West Towne Mall and Memorial High School. For more information, contact Tom Romano, Flad Development & Investment Corp., 7941 Tree Lane, Suite 105, Madison, WI 53717; 608-833-8100, Fax 608-833-8105; Email: tromano@flad-development.com; Web site: www.flad-development.com. Fameco Real Estate is preleasing spaces of 1,250 sq.ft. to 35,000 sq.ft. at Valley Square in Warrington, PA. There is also an outlot available for a restaurant or bank. The 325,000 sq.ft. center is located at the intersection of Route 611 and Route 132 and area retailers include Wegmans, Borders, Circuit City, Sports Authority, Staples and Michaels. Other retailers include Banana Republic, Victoria’s Secret, Bath & Body Works, Aveda, Panera Bread, Jos. A. Bank, Lenscrafters, SGH, P.F. Chang’s, Chicos, White House/Black Market, Starbucks, New York & Co., Ann Taylor Loft and Eastern Mountain Sports. Opening is slated for Spring 2007. For more information, contact Brandon Famous, Samantha Adey or Karen Mikulski, Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000; Emails: sadey@famecoretail.com and kmikulski@famecoretail.com.
Colonial Commons, a 9.7-acre site on Route 9 North in Freehold, NJ, has preleasing opportunities available. Phase one of development will consist of a 4,800 sq.ft. divisible bank pad site with a drive-thru; a 14,000 sq.ft. mixed-use facility including restaurants, business and professional tenants; 8,000 sq.ft. of freestanding office/professional space and 7,000 sq.ft. of freestanding restaurant space. Phase two will consist of 16,000 sq.ft. of office/professional space. The site is two miles south of Freehold Raceway Mall. Nearby draws include Brookdale/Rutgers Western Monmouth County Campus. For more information, contact Chris Kaempffer; 732-625-1055, Fax 732-625-1060.
Ross Matz Investments, Inc., with Trion Ventures, Inc., is developing a 24-acre parcel at the intersection of State Road 60 and 90th Avenue in Vero Beach, FL. Plans call for developing a grocery-anchored center or a power center. Ross Realty is leasing the proposed center. For more information, contact Bob Sherman, Ross Realty, 3325 South University Drive, Suite 210, Davie, FL 33328; 954-452-5000; Email: bsherman@ross-realty.com; Web site: www.ross-realty.com.
Gibralter Management Co. is preleasing Mill Branch Crossing, a 72-acre site at the intersection of MD Route 301 and Mill Branch Road in Bowie, MD located approximately 15 miles from Washington, DC. Area retail includes Target, Staples, Lowe’s Home Improvement, Kohl’s, Giant, Wal*Mart, Home Depot and BJ’s Wholesale Club. Area demographics include a population of 378,078 within 10 miles earning $92,722 as the average household income. For more information, contact Josh Grossman or Dan Wechsler, Gibralter Management Co., 150 White Plains Road, Tarrytown, NY 10591; 914-631-6200, Fax 914-631-6243.
Spandrel Property Services, Inc. is preleasing retail space at a 449-unit condominium complex in Brooklyn Heights, NY. Nearby draws include a 95-acre waterfront park. Area demographics include a trade area population of 70,000 households earning $103,000 as the average household income. Opening is slated for June 2007. On-site parking provides 500 spaces. For more information, contact Ian Levine, Spandrel Property Services, Inc.; 212-748-8900 Ext. 222, Fax 212-748-7950; Email: ilevine@spandrelproperty.com.
The Schultz Organization is developing a 300,000 sq.ft. retail site at the intersection of White Horse Pike and Broadway in Hammonton, NJ. There are anchor positions, medium box spaces and pad sites available. Area retail includes Wal*Mart, ShopRite, Superfresh, Applebee’s, Wendy’s, Burger King, Commerce Bank and KFC. The company also is developing a 100,000 sq.ft. project at the intersection of State Route 10 and Mount Pleasant Avenue in East Hanover, NJ. There are anchor spaces and junior anchor spaces available. Area retail includes Babies “R” Us, Target, Costco, Sports Authority, Home Depot, Marshalls, Dick’s, CompUSA, Daffy’s, T.G.I.Fridays, Pier 1 Imports, Best Buy and Michaels. The site is proposed to combine retail with upscale active adult condominiums. Area demographics include a population of 145,259 within five miles earning $110,957 as the average household income. The Schultz Organization also is developing a site at the intersection of U.S. Highway 130 South, Renaissance Boulevard North and Renaissance Boulevard West in North Brunswick, NJ. Phase one of the site will be 60,000 sq.ft. and phase two will total 140,000 sq.ft. There are inline and anchor spaces available. The site is tenanted by Walgreens and area retail includes Ace Hardware, ShopRite, Wal*Mart, Office Depot, Marshalls, Pathmark, A&P, Linens ‘N Things, Home Depot, Target and Best Buy. The project sits at the main entrance to a residential development with 1,360 existing units and approvals to add 2,025 units. For more information, contact Steven Winters, The Schultz Organization, 900 Route 9 North, Suite 301, Woodbridge, NJ 07095; 732-855-0001, Fax 732-855-0034; Email: swinters@schultznet.com.
The Merrill Cos. is preleasing spaces at Avondale Commons of 1,200 sq.ft.; 1,500 sq.ft.; 2,500 sq.ft. and 3,000 sq.ft. The 28,000 sq.ft. center is located at the intersection of 99th Avenue and Van Buren in Avondale, AZ. Asking rent is $2.50 psf monthly. Opening is slated for June 2007. Area demographics include a population of 220,000 within five miles earning $58,000 as the average household income. The average daily traffic count is 29,000 vehicles. For more information, contact Austin Bettar, The Merrill Cos., 5850 Canoga Avenue, Suite 650, Woodland Hills, CA 91367; 818-456-5742, Fax 818-887-7133. Cameron Group, LLC is developing The Gateway, a 1.3 million sq.ft. mixed-use site at the intersection of Johnson Drive, Roeland Drive and Shawnee Mission Parkway in Mission, KS at the site of the former Mission Center Mall. The project will include 500,000 sq.ft. of retail space for restaurants; fashion retailers and entertainment venues; a bank; a natural foods grocery; 400 condominiums; 200,000 sq.ft. of office space and a 150-room hotel. There also will be an extension campus of Johnson County Community College. The average daily traffic count is 40,000 vehicles. Completion is slated for 2008. For more information, contact Tom Valenti, Cameron Group, LLC; 315-701-3334; Web site: www.cameronllc.com.
Elrod Real Estate is preleasing spaces of 2,000 sq.ft. to 20,000 sq.ft. at West Park Landing, a 400,000 sq.ft. power center at the intersection of Maumelle Boulevard and Crystal Hill Road in North Little Rock, AR. The center is anchored by Wal*Mart Supercenter and a home improvement store. Asking rent is $13 psf with a CAM of $1.25 psf. Opening is slated for November 2007. Outlots are also available. Area retail includes Kroger, McDonald’s and Parisan. Area demographics include a population of 67,438 within five miles earning $86,304 as the average household income. The average daily traffic count is 35,000 vehicles. For more information, contact David Elrod, Elrod Real Estate, 6227 Col Glenn, Little Rock, AR 72204; 501-562-5262, Fax 501-562-8262; Email: elrodrealestate@sbcglobal.net.
Re/Max Commercial Brokers, Inc. is preleasing Old Mandeville Square on Florida Boulevard in Mandeville, LA. The 32,130 sq.ft. mixed-use site is slated to open January 2007. Area demographics include a population of 77,197 within seven miles earning $74,085 as the average household income. For more information, contact Barry Escher, Re/Max Commercial Brokers, Inc., 2020 North Causeway Boulevard, Suite B, Mandeville, LA 70471; 985-727-0001, Fax 985-727-7287.
Cottonwood Commercial is preleasing spaces at Main Street at Preston Lake, a 145,000 sq.ft. lifestyle/shopping center in Harrisburg, VA at the intersection of Wassanetta Springs Road and Route 33 East. Tenants will include Talbots, Bookbinders Grill, destination dining and fast-casual eateries, a boutique hotel, a 40,000 sq.ft. wellness center and spa as well as offices and residential units. Opening is slated for Summer 2008. Nearby draws include James Madison University and Massanutten Four Season Resort. The average daily traffic count is 24,000 vehicles. Area demographics include a population of 53,597 within five miles earning $60,781 as the average household income. For more information, contact Jared L. Burden, Cottonwood Commercial; 540-607-0813; Email: jared.burden@cottonwood.com. David Goldenberg & Co. is preleasing Market Place Commons, a 30,000 sq.ft. center at the intersection of Neil Street and Town Center Boulevard in Champaign, IL. Area retail includes Macy’s, JCPenney, Wal*Mart Superstore, Target, Best Buy, Menard’s, Pier 1 Imports, World Market, PetSmart and Michaels. Area demographics include a population of 124,774 within five miles earning $74,714 as the average household income. The site is across from Market Place Mall. For more information, contact David Goldenberg, David Goldenberg & Co., 3000 West Dundee Road, Suite 112, Northbrook, IL 60062; 847-498-5151, Fax 847-498-5890; Email: david@goldenbergcenters.com .
Allegiance Development is developing Rayzor Ranch Town Center in Denton, TX, a one million sq.ft. open-air shopping center that will feature fashion department stores, a movie theater, restaurants and an 850,000 sq.ft. power center anchored by Wal*Mart and Sam’s Club. Opening is slated for Winter 2008. For more information, contact Randy Holcombe, Allegiance Development; 214-389-8043.
Johnson Payne Investments is developing Watters Creek Park, a 140-acre site at the intersection of Alma Road and State Highway 121 in Allen, TX. The average daily traffic count is 30,300 vehicles. Area demographics include a population of 171,290 within five miles earning $109,638 as the average household income. The company also is developing an adjacent parcel as Alma Plaza, a 17.8-acre site located at the intersection of Alma Road and State Highway 121 in McKinney, TX. For more information, contact Johnson Payne Investments; 972-235-0282, Fax 972-235-0892; Web site: www.realestatespace.com.
StoneCrest Investments is preleasing spaces of 8,450 sq.ft.; 10,320 sq.ft.; 12,820 sq.ft. and 13,785 sq.ft. at The Plaza at Avery Ranch, a 45,375 sq.ft. center located at the intersection of Avery Ranch Road and Parmer Lane in Austin, TX. The average daily traffic count is 87,800 vehicles. Area demographics include a population of 151,884 within five miles earning $96,528 as the average household income. The company also is developing The Shops at Onion Creek, a 25,712 sq.ft. specialty retail center at the intersection of IH-35 and Onion Creek Parkway. There is a 6,000 sq.ft. space available at the site. Nearby draws include the Onion Creek Country Club. The average daily traffic count is 116,040 vehicles. Area demographics include a population of 101,152 within five miles earning $76,711 as the average household income. For more information, contact StoneCrest Investments, 595 Round Rock West Drive, Suite 701, Round Rock, TX 78681; 512-681-1000, Fax 512-681-1009; Web site: www.stonecrestinvestments.com.
Davis Equity Realty is preleasing inline spaces and pad sites at the Nolana Town Center located at the intersection of Nolana Loop and North McColl Road in McAllen, TX. The 26-acre project will consist of an 80,000 sq.ft. center and a four-story 48,000 sq.ft. office building. The average daily traffic count is 85,000 vehicles. Area demographics include a population of 448,982 within 10 miles earning $38,189 as the average household income. For more information, contact Randy Summers, David McDaniel, Keith Kinsolving or Lina Johnson, Davis Equity Realty, 2300 West Pike Boulevard, Suite 200, Weslaco, TX 78596; 956-969-8648, Fax 956-968-4574; Web site: www.davisequity.com.
Faison and CBL & Associates Properties, Inc. are preleasing Settlers Ridge, a 575,000 sq.ft. lifestyle development in Pittsburgh, PA on Campbells Run Road. Opening is slated for Fall 2008. For more information, contact Drew Gorman, Faison, 7920 Norfolk Avenue, Suite 800, Bethesda, MD 20814; 240-497-0523. Or Lewis Hilton, CBL & Associates Properties, Inc., Watermill Center, Suite 395, 800 South Street, Waltham, MA 02453; 423-490-8354.
De Rito Partners, Inc., along with Kimco Realty Services Inc., is preleasing space at Mesa Riverview, a 1.8 million mixed-use development at the intersection of Loop 202, Dobson Road and Alma School Road in Mesa, AZ. Tenants include Bass Pro Shops, Cinemark Theatres, Wal*Mart Supercenter and Home Depot. The project will consist of 1.3 million sq.ft. in retail space and 500,000 sq.ft. in office space and up to five auto dealerships. There are anchor spaces, pad sites and shop spaces available. The average daily traffic count is 221,300 vehicles. Nearby draws include Arizona State University and the Mesa Arts Center. In a three-mile radius resides a population of 134,000. For information regarding anchor and pad sites, contact Andy Kroot or Larry Zebe, De Rito Partners, Inc., 3200 East Camelback Road, Suite 175, Phoenix, AZ 85018; 602-553-2922/2938; Emails: andy.kroot@derito.com and zebe@derito.com. For information regarding shop sites, contact Paul Serafin or James R. Hood; 602-553-2943/2962; Emails: paul.serafin@derito.com and jim.hood@derito.com. For information regarding specialty shop sites, contact Stan Sanchez or Andy Cooper; 602-553-2953/393-0117; Emails: stan.sanchez@derito.com and andy.cooper@derito.com; Web site: www.mesariverview.com.
Princeton Partners is preleasing Frisco Trails, a 300,000 sq.ft. Home Depot-anchored shopping center located at the intersection of Eldorado Parkway and Dallas North Tollway in Frisco, TX. Tenants include Wells Fargo, Chili’s and PetSmart. Area retail includes a proposed Super Target. For more information, contact Princeton Partners, 4445 Alpha Road, Suite 106, Dallas, TX 75244; 972-233-0408, Fax 972-233-1014. Klockner Realty is preleasing Austin Esplande, a lifestyle and entertainment center located at the intersection of Interstate 35 North and Wells Branch Parkway in Austin, TX. The mixed-use site will include two hotels, a 26,000 sq.ft. Pure Austin Fitness, a 35,000 sq.ft. Midnight Rodeo/Hondo’s Grill as well as space for 30,000 sq.ft. of restaurant users and 150,000 sq.ft. for junior anchors and specialty shops. Area retail includes Ashley Furniture, Cinemark, HEB, Posadas, Texas Roadhouse and Cheddar’s. Area demographics include a population of 535,904 within 10 miles earning $81,207 as the average household income. For more information, contact Mark Klockner, Klockner Realty; 561-381-5115; Email: mark@klocknerrealty.com.
Jones Real Estate is preleasing a center located on La Habra Boulevard in La Habra, CA. The center has spaces available of 882 sq.ft. to 4,068 sq.ft. and is shadow-anchored by Big Lots. Cotenants include Starbucks, H&R Block and Subway. For more information, contact Greg Jones, Jones Real Estate, 440 West Whittier Boulevard, La Habra, CA 90631; 562-697-3333 Ext. 21, Fax 562-697-9999; Email: greg@jonesre.net; Web site: www.jonesre.net.
Fain Signature Group is preleasing 12,000 sq.ft. of retail space at the Entertainment District in Prescott Valley, AZ at the intersection of Main Street and Pav Way. Spaces of 1,500 sq.ft. to 18,000 sq.ft. are available. Area retail include Harkins Theatre, Global/Pleasant Valley Hockey, Baskin Robbins, Augie’s, Cassie’s Corner, T-Mobile, CaTo Salon, Freedom Station, Garcia’s, Woodies Chili Dogs, Wendy’s, IHOP, Del Taco, Walgreens, Chili’s, Johnny Carino’s and a proposed Wal*Mart Supercenter. Area demographics include a population of 77,326 within 10 miles earning $59,151 as the average household income. Construction is slated for 2007. For more information, contact Fain Signature Group, 3001 Main Street, Suite 2B, Prescott Valley, AZ; 928-772-8844; Web site: www.fainsignaturegroup.com.
Breslin Realty Inc. is preleasing Gateway to New Cassel, a 21,000 sq.ft. center in Westbury-New Cassel, NY at the intersection of Brush Hollow Road and Prospect Avenue. Opening is slated for the third quarter 2007. Rent is $21 psf to $25 psf. Taxes are $2.95 psf. Area demographics include a population of 1.457 million within 10 miles earning $80,123 as the average household income. The average daily traffic count is 30,000 vehicles. Area retail includes the Roosevelt Mall. For more information, contact Alan L. Berger, Breslin Realty Inc., 500 Old Country Road, Suite 200, Garden City, NY 11530; 516-741-7400, Ext. 264, Fax 516-241-6691; Email: aberger@breslinrealty.com The Goldstein Group is preleasing Route 3 Strip Center, a new 17,000 sq.ft. strip center in Clifton, NJ on Route 3, formerly a Lincoln-Mercury automobile dealership. Spaces available range from 2,000 sq.ft. and up. Area retailers include CVS, Staples, Michaels, Bed, Bath & Beyond, Annie Sez, Stop & Shop, Home Depot, Barnes & Noble and Sports Authority. Opening is slated for late 2007. Goldstein Development Co., a division of The Goldstein Group, is developing Essex Square, a 16,000 sq.ft. center at the intersection of Route 17 and Essex Street in Lodi, NJ. The center will be tenanted by North Fork Bank and 7-Eleven. The average daily traffic count is 70,000 vehicles. Area retail includes Home Depot, National Wholesale Liquidators, Stop & Shop, Duane Reade, Pathmark, Boston Market and Bank of New York. Opening is slated for Spring 2007. The Goldstein Group is preleasing phase two of Saddle River Crossing, a 230,000 sq.ft. shopping center at the intersection of Main Street and U.S. Highway 46 in Lodi, NJ. Area retail includes ShopRite, Walgreens, A&P, Kmart and Wachovia Bank. Opening is slated for late 2007. Goldstein Development Co. also is developing a 15,000 sq.ft. outparcel of the Home Depot Center at the intersection of Springfield Avenue and Bergen Street in Newark, NJ. The retail center is shadowed by a 130,000 sq.ft. center anchored by Home Depot, Wendy’s and Applebee’s. Area retail includes Duane Reade, Sony Theaters, Rainbow Shops, Bank of America and Strauss Discount Auto. Opening is slated for Fall 2007. The Goldstein Group also is preleasing River Edge Crossings, a 66,600 sq.ft. redevelopment of the former Huffman-Koos property at the intersection of Route 4, Main Street and Essex Street in Paramus/River Edge, NJ. Area retail includes Wine Country, Staples, Macy’s Furniture, 6th Avenue Electronics and Thomasville Furniture. The average daily traffic count is 128,000 vehicles. Opening is slated for Spring 2008. For more information regarding the Route 3 Strip Center and River Edge Crossings, contact Chuck Lanyard, The Goldstein Group, 266 Harristown Road, Suite 105, Glen Rock, NJ 07452; 201-703-9700 Ext. 15, Fax 201-703-9678; Email: clanyard@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com. For more information regarding Essex Square, Saddle River Crossing and the Home Depot Center outparcel, contact Lew Finkelstein; 201-703-9700 Ext. 22; Email: lfinkelstein@thegoldsteingroup.com.
Paramount Realty Services, Inc. is preleasing Cox Cro Crossings, a mixed-use project located at the intersection of Cox Cro Road and Route 9 in Toms River, NJ. The 90,000 sq.ft. center has spaces available. The project will contain 250 condominiums and a proposed 65,000 sq.ft. supermarket. For more information, contact Ciro Saverino or Maurice Zekaria, Paramount Realty Services, Inc., 1195 Route 70, Suite 2000, Lakewood, NJ 08701; 732-961-8121/8112, Fax 732-886-1690; Emails: csaverino@prs-nj.com and mzekaria@prs-nj.com.
New England Retail Properties, Inc. is preleasing space at the Hadley Corner Shopping Center on Russell Street in Hadley/Amherst, MA. The 313,000 sq.ft. project is tenanted by Home Depot and is slated to open in 2008. Area retail includes Wal*Mart, Michaels, Barnes & Noble, Target, Hampshire Mall, Old Navy and Marshalls. The company also is preleasing space at Copaco Shopping Center on Cottage Grove Road in Bloomfield, CT. The center is being expanded by 28,600 sq.ft. and there is one outparcel available. The 450,000 sq.ft. center is tenanted by Lowe’s Home Improvement, Stop & Shop, Burlington Coat Factory, IHOP, Dollar Tree, McDonalds and CVS. Opening is slated for 2007. The company is also preleasing spaces of 1,200 sq.ft. to 8,000 sq.ft. at Topsham Crossing on Topsham Fair Mall Road in Topsham, ME. Tenants include Target, Dick’s, Petco and Bed, Bath & Beyond. Opening is slated for 2007. For more information, contact New England Retail Properties, Inc.; 860-529-9000, Fax 860-563-9667.
SITUS Realty Corp. is preleasing spaces of 800 sq.ft. to 225,000 sq.ft. at Saxony, a 750,000 sq.ft. mixed-use development at the intersection of Interstate 69, State Route 238, 146th Street, Olio Road, Saxony Boulevard and 131st Street in Fishers/Noblesville, IN. Opening is slated for Spring 2008. Area demographics include a population of 122,771 within seven miles earning $92,569 as the average household income. The average daily traffic count is 70,000 vehicles. Area retail includes Hamilton Town Center and a JCPenney that is scheduled to open in 2008. The company also is preleasing spaces of 850 sq.ft. to 150,000 sq.ft. at Jeffersonville Town Center, a phase one 350,000 sq.ft. mixed-use development at the intersection of Interstate 65 and Veteran’s Parkway in Jeffersonville, IN. Opening is slated for Fall 2007. Tenants include Cinema J, Coldwater Creek, FedEx Kinko’s, Verizon Wireless, Connor’s Seafood, The Chop House, Mimi’s and Bar Louie. Area demographics include a population of 114,392 within five miles earning $52,398 as the average household income. The average daily traffic count is 142,540 vehicles. Area retailers include Wal*Mart, Sam’s Club, Bass Pro Shops, Lowe’s Home Improvement, Target, Sears and JCPenney. Green Tree Mall is cited as competition. SITUS Realty Corp. is preleasing spaces of 850 sq.ft. to 150,000 sq.ft. at North Park, a 700,000 sq.ft. mixed-use center at the intersection of Interstate 69, State Route 46 and Curry Pike in Bloomington, IN. Opening is slated for Fall 2007. Area retail includes Whitehall Plaza and Whitehall Crossing. Area demographics include a population of 118,150 within 10 miles earning $45,228 as the average household income. For more information, contact Keith W. Stark, SITUS Realty Corp., 101 West Ohio Street, 20th Floor, Indianapolis, IN 46204; 317-684-6864, Fax 317-684-6825; Email: kstark@situsrealtycorp.com. Zamias Services, Inc. has several projects under development in FL, PA, TN and VA. In FL, the company is developing Spring Hill, a 293,670 sq.ft. center in Spring Hill slated to open in Fall 2007. In PA, the company is developing the Village at Pittsburgh Mills, a 173,729 sq.ft. project in Pittsburgh slated to open Spring 2007. The company also is developing Pittston Crossing, a 402,000 sq.ft. Wal*Mart-anchored center in Pittston, PA that is slated to open Fall 2007. In addition, the company is developing Taylor Commons, a 355,000 sq.ft. Wal*Mart-anchored center in Scranton, PA that is slated to open Fall 2007. In State College, PA, Zamias Services, Inc. is developing The Colonnade, a 140,000 sq.ft. project. Opening is slated for Fall 2007. The company also is developing HT Commons, a 205,000 sq.ft. Wal*Mart Supercenter-anchored center in Tamaqua, PA slated to open Spring 2007. In TN, the company is developing Morristown Commons, a 686,751 sq.ft. project in Morristown slated to open Fall 2007. The company also is developing the Nashville Commons at Skyline, a 750,000 sq.ft. Wal*Mart-anchored center in Nashville slated to open Fall 2007. In VA, the company is developing the Marion Centre, a 362,881 sq.ft. center in Marion slated to open Fall 2007. For more information, contact Stephen Zamias or Sam Zamias, Zamias Services, Inc., 300 Market Street, Johnstown, PA 15901; 814-532-6161/6171; Web site: www.zamias.com.
Riverview Management Co. is preleasing 17,200 sq.ft. of new space at Parkview Plaza, a 191,775 sq.ft. development on Plaza Boulevard in Lancaster, PA. Anchor tenants include T.J. Maxx, Ollie’s, Jo-Ann Fabrics and Bon-Ton Furniture Gallery. Nearby draws include Sears, Kohl’s, JCPenney, Bon-Ton and Boscov’s at Park City Mall. The average daily traffic count is 91,000 vehicles. Area demographics include a population of 297,000 within 10 miles earning $64,000 as the average household income. For more information, contact David B. Burrows, Riverview Management Co., 1765 Merriman Road, Akron, OH 44313; 330-836-0721 Ext. 2271, Fax 330-865-0519; Email: dburrows@riverviewm.com; Web site: www.riverviewmanagement.com.
Brant Cos. is preleasing spaces of 4,800 sq.ft. and 5,800 sq.ft. at Mayfield Plaza, an 11,000 sq.ft. strip center located at the intersection of Laport Road and Mayfield Road in Valparaiso, IN. Opening is slated for 2007. Area retail includes Target, Menards, Kohl’s and Bed, Bath & Beyond. Asking rent is $24 psf NNN with a CAM of $2 psf. Area demographics include a population of 47,010 within five miles earning $69,167 as the average household income. The center is tenanted by Check Into Cash. For more information, contact Jeff Brant, Brant Cos., 1947 Woodlawn Avenue, Griffith, IN 46319; 219-838-2300, Fax 219-838-5218; Email: jbrant@brantco.com; Web site: www.brantco.com. National Retail Properties is preleasing spaces of 1,000 sq.ft. to 15,000 sq.ft. at The Commons of Indian Springs, a 200,000 sq.ft. center at the intersection of State Route 4 and Indian Meadows Drive in Fairfield, OH. Opening is slated for 2008. Area demographics include a population of 365,822 within 10 miles earning $66,649 as the average household income. Area retail includes Bridgewater Falls. Asking rent is $25 psf with a CAM of $1.50 psf. For more information, contact Mike Northam, National Retail Properties, 450 South Orange Avenue, Suite 900, Orlando, FL 32801; Web site: www.nnnreitco.com.
Commercial Real Estate Partners is preleasing spaces of 800 sq.ft. to 2,000 sq.ft. at a center located at the intersection of Hickory Grove Road and Baker Road in Kennesaw, GA. Opening is slated for January 2007. For more information, contact Dellanney Snyder, Commercial Real Estate Partners, 1750 Peachtree Road Northwest, Atlanta, GA 30309; 678-429-1986, Fax 404-474-4690; Email: dmsnyder@commercialrep.com.
First Columbia, LLC is preleasing Newbury Plaza, a 20,000 sq.ft. strip center located on Wolf Road in Colonie, NY. Area retail includes Colonie Center Mall, Borders, Dunkin’ Donuts, Macy’s, The Cheesecake Factory, Boscov’s, P.F. Chang’s, Christmas Tree Shop, Barnes & Noble, Sears, Office Max, Friendly’s, Honey Baked Ham Co., Target, Marshalls, Starbucks and Bed, Bath & Beyond. Area demographics include a population of 486,353 within 10 miles earning $39,438 as the average household income. The site has an average daily traffic count of 28,000 vehicles. For more information, contact Patricia McGrath, First Columbia, LLC; 518-213-1000, Fax 518-213-1020; Email: pmcgrath@firstcolumbia.com.
James Doran Co. is developing ISIS Condominiums at the Winter Springs Town Center, the residential component of a 63-acre mixed-use town center community located in Winter Springs, FL. Bordered on the northeast by the Cross Seminole Trail, the South building will house 193 units and the North building will contain 119 units. The site is located at the intersection of State Road 434 and Tuskawilla Road and is close to the University of Central Florida. Once complete, the Winter Springs Town Center will contain 1,000 residential units, 600,000 sq.ft. of retail space and 400,000 sq.ft. of office space. The project is proposed to be expanded with a phase two development. For more information, contact Christian Chamblee, James Doran Co., 216 Seven Farms Drive, Suite 200, Charleston, SC 29492; 843-881-7550 Ext. 132, Fax 843-849-6765; Email: companyinfo@jamesdoranco.com; Web site: www.jamesdoranco.com.
Crosland, Inc. is developing MiraBay Village in Apollo Beach, FL. The 31-acre site will be anchored by a 50,000 sq.ft. Sweetbay Supermarket and will include 175,000 sq.ft. of specialty shops, restaurants and office space as well as 80 townhomes. Opening is slated for 2008. For more information, contact Mike Wiggins, Crosland, Inc.; 704-561-5273; Email: mwiggins@crosland.com; Web site: www.crosland.com. Or Beth Doughty, Corder Philips; 704-378-2118; Email: bdoughty@cpwadv.com.
Coldwell Banker Commercial is preleasing a center located at the intersection of Route 272 and Meadow Valley Road in Ephrata, PA. A drug store is proposed to anchor the site. Opening is slated for Fall 2007. Four pad sites are available. Area demographics include a population of 28,031 within three miles earning $53,705 as the average household income. For more information, contact Brad Rohrbaugh or Chad Stine, Coldwell Banker Commercial, 110 North George Street, 4th Floor, York, PA 17401; 717-843-5555, Fax 717-843-5550; Emails: brohrbaugh@bennettwilliams.com and cstine@bennettwilliams.com.
Epsteen & Associates is preleasing a center located at the intersection of Agoura Road and Kanan Road in Agoura Hills, CA. The site has an average daily traffic count of 25,050 vehicles. The center is situated on a land area of 10 acres. Spaces available range from 1,200 sq.ft. to 12,000 sq.ft. Asking rents range from $3 psf to $3.75 psf monthly. Area demographics include a population of 81,811 within five miles earning $148,114 as the average household income. The company also is preleasing Camarillo Power Center, a 508,256 sq.ft. center located on the 101 Freeway near Las Posas Road in Camarillo, CA. Opening is slated for the fourth quarter of 2007. The site has an average daily traffic count of 140,000 vehicles. Area demographics include a population of 434,911 within 10 miles earning $84,120 as the average household income. The center is anchored by Kohl’s. Area retail includes Home Depot, Sports Authority, Target and Linens ‘N Things. For more information, contact David Morgan, Epsteen & Associates, 5034 Carpinteria Avenue, Carpinteria, CA 93013; 805-684-7767 Ext. 104, Fax 805-684-7776.
Urban Retail Properties Co. is preleasing phase two of Grand Boulevard, located on U.S. Highway 98 in Sandestin, FL. The 500,000 sq.ft. center has space available and is cotenanted by Tommy Bahama, Orvis and Publix. For more information, contact Urban Retail Properties Co., 900 North Michigan Avenue, Chicago, IL 60611; 312-915-2000; Web site: www.urbanretail.com. Silbert Realty & Management Co., Inc. is preleasing Cranford Crossing, a mixed-use center located at the intersection of South Union Avenue and South Avenue East in downtown Union County, NJ. The 21,150 sq.ft. center has retail spaces available of 1,063 sq.ft.; 1,250 sq.ft.; 5,800 sq.ft. and 6,247 sq.ft. Cotenants include Cosi, Java’s Brewin and Advanced Financial Federal Credit Union. The project includes luxury condominiums and sits between a NJ Transit rail and bus station and a municipal parking deck. Area demographics include a population of 146,842 within three miles earning $99,763 as the average household income. The company is also preleasing The Mews at Garwood, a mixed-use project located at the intersection of Chestnut Street and North Avenue in Garwood, NJ across from ShopRite. The 20,000 sq.ft. center has spaces available of 1,310 sq.ft.; 1,502 sq.ft.; 1,686 sq.ft.; 1,704 sq.ft.; 1,781 sq.ft.; 1,824 sq.ft.; 1,994 sq.ft.; 2,200 sq.ft. and 2,436 sq.ft. Cotenants include a 3,500 sq.ft. Washington Mutual Bank. Area retail includes Kings Supermarket, Home Depot, CVS, Quiznos and Dunkin’ Donuts. The project includes apartments and town homes. Area demographics include a population of 55,861 within three miles earning $134,387 as the average household income. For more information, contact Brian S. Silbert or Kathleen DiMaria, Silbert Realty & Management Co., Inc., 85A Division Avenue, PO Box 406, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Emails: info@silbertrealestate.com or kdimaria@silbertrealestate.com; Web site: www.silbertrealestate.com.
Grasso Holdings is preleasing 1601 Vine Street in downtown Philadelphia, PA. The 1.8 million sq.ft. mixed-use development has 130,000 sq.ft. of retail and restaurant space available on two levels. The site is anchored by a 60,000 sq.ft. Whole Foods Market and a 45,000 sq.ft. Best Buy. The development contains a 250-room luxury hotel, as well as 250 residential units and 1,100 parking spaces. Opening is slated for the third quarter of 2008. The company is also preleasing Valley Square Lifestyle Center, a mixed-use project with 100,000 sq.ft. of office space, located at the intersection of Easton Road and Street Road in Warrington, PA. The 300,000 sq.ft. Wegmans-anchored center is situated on a land area of 140 acres and has space available. Cotenants include Borders, Banana Republic, Victoria’s Secret, Eastern Mountain Sports, Starbucks, American Eagle Outfitters, Ann Taylor Loft, P.F. Chang’s, Bath & Body Works, Panera Bread and AVEDA. Opening for the center is slated for Fall 2007, while Wegmans recently opened as the anchor. For more information, Grasso Holdings, 30 South 15th Street, Suite 1000, Philadelphia, PA 19102; 215-989-3600; Web sites: www.grassoholdings.com and www.shopvalleysquare.com. Patterson Woods Commercial Properties is preleasing Promenade at Middletown in Middletown, DE. The mixed-use project includes 170,000 sq.ft. of retail space and 273 luxury condominiums. Area demographics include a population of 21,191 within three miles earning $82,170 as the average household income. For more information, contact Joe Latina, Dick Wallace or Michael Woods, Patterson Woods Commercial Properties, 3801 Kennett Pike, Building D, Suite 100, Wilmington, DE 19807; 302-530-1233/302-521-2433/302-559-0012, Fax 302-622-3535; Web site: www.pattersonwoods.com.
Edgewood Properties is preleasing Monroe Ballpark in Monroe, NJ. The 423,000 sq.ft. center has retail space available of 300,000 sq.ft.; restaurant space available of 13,000 sq.ft. and an anchor space available of 110,000 sq.ft. Area demographics include a population of 14,190 within three miles earning $99,131 as the average household income. The company is also preleasing Applegarth Professional Center on Prospect Plains-Applegarth Road in Monroe, NJ. The mixed-use project has two restaurant pad sites available, of 5,100 sq.ft. and 6,300 sq.ft. Cotenants include YNB, CVS, Subway, Yorktown Bagels, Sunray Medical, Discount Depot Plus, Laritz Cleaners and Scotto’s Restaurant. Area demographics include a population of 23,124 within three miles earning $99,951 as the average household income. For more information, contact Phil Hatch, Edgewood Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900, Fax 732-985-5588.
Freedman Cohen Development, LLC is preleasing Medford Crossings North and Medford Crossings South, located at the intersection of Route 70 and Eayrestown Road in Medford, NJ. Medford Crossings North is a 245,334 sq.ft. center, anchored by Home Depot. The project has space available. The center is situated on a land area of 103 acres and contains 168 apartments. The center is anchored by Staples and cotenants include Chik-fil-A, a proposed Starbucks and a proposed Cingular Wireless. Medford Crossings South is a 382,527 sq.ft. center situated on a land area of 178 acres. Anchors include Best Buy and Ross Dress For Less, while cotenants include Applebee’s, Petco, Image Beauty, Sleepy’s, Cosi, Hair Cuttery and Ivy House. The project is anchored by Target and also contains 30,000 sq.ft. of office space and 400 residential units. Demographics include a trade area population of 163,502 earning $75,341 as the average household income. For more information, contact Freedman Cohen Development, LLC, 701 East Gate Drive, Suite 225, Mount Laurel, NJ 08054; 856-235-1788; Web site: www.freedmancohen.com.
Prudential Rush Realty, Commercial and Investment Department is preleasing Foster’s Center, a mixed-use project located at the intersection of Washington Street and Central Avenue in downtown Dover, NH. The 61,000 sq.ft. center has spaces available of 1,092 sq.ft.; 3,400 sq.ft. and 25,000 sq.ft. The site has an average daily traffic count of 26,000 vehicles. Area demographics include a population of 30,000 within three miles earning $53,100 as the average household income. Area retail includes Hallmark and Dover Paint. Asking rent is $14 psf to $16 psf with CAM of $4.75 psf. Opening is slated for August 2007. For more information, contact Bob Anderson, Prudential Rush Realty, Commercial and Investment Department, 81 Water Street, Exeter, NH 03833; 603-396-0958, Fax 603-658-2457; Email: rwa5250@comcast.net.
Wolfington Cos. is preleasing Gateway Commons, a mixed-use project in Pottstown, PA. The former Mrs. Smith Pie Plant has retail spaces available of 25,000 sq.ft. divisible to 1,200 sq.ft. Area demographics include a population of 13,581 earning $51,766 as the average household income. Asking rent is $16 psf NNN with CAM of $3.25 psf. Opening is slated for Fall 2007. For more information, contact Steve Jeffries or Shaun Lyons, Wolfington Cos., 920 Matsonford Road, Conshohocken, PA 19428; 610-238-9008, Fax 610-238-9912; Emails: sjeffries@wolfingtoncos.com and slyons@wolfingtoncos.com; Web site: www.wolfingtoncos.com.
LMS Commercial Real Estate is preleasing Bloomfield Village in Lititz, PA. The 55,900 sq.ft. mixed-use project is located at the intersection of Route 501 and Bloomfield Drive with an average daily traffic count of 22,386 vehicles. The project has retail spaces available of 1,411 sq.ft. up to 2,075 sq.ft. Area demographics include a population of 40,232 within three miles earning $78,972 as the average household income. 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.
Bocina Homes Corp. is preleasing 100 Marketplace in Basking Ridge, NJ, located at the intersection of Mountainview Boulevard and Martinsville Road with an average daily traffic count of 111,000 vehicles. The mixed-use project has a retail space available of 34,337 sq.ft., as well as an office space available of 23,784 sq.ft. Area demographics include a population of 30,799 within three miles earning $209,701 as the average household income. For more information, contact Bocina Homes Corp., 225 Route 202, Basking Ridge, NJ 07920; 908-221-0973, Fax 908-221-1043. NAI Hiffman is preleasing The Shops of Plum Farms, located at the intersection of Route 59 and Route 72 in Hoffman Estates, IL. The 550,000 sq.ft. mixed-use center contains 252,200 sq.ft. of retail space; 47,500 sq.ft. of office space and 230 residential units. Area retail includes Target, Cost Plus World Market, Circuit City, Office Depot and Claimjumpers Restaurant. Area demographics include a population of 55,229 within a 10-minute drive earning $80,401 as the average household income. For more information, contact Ryan Murphy or Claire Bitautas, NAI Hiffman, 1 Oakbrook Terrace, Suite 600, Oakbrook Terrace, IL 60181; 630-693-0652/0640, Fax 630-932-7258. Or contact Jim Farrey, NAI Hiffman, 1 South Wacker Drive, Suite 1990, Chicago, IL 60606; 312-327-6835, Fax 312-923-8023; Emails: rmurphy@hiffman.com , cbitautas@hiffman.com and jfarrey@hiffman.com; Web site: www.hiffman.com.
Hekemian & Co., Inc. is preleasing the Northgate at Falls Church in Falls Church, VA, located at the intersection of Washington Street and East Jefferson Street. The five-story, mixed-use development has 28,000 sq.ft. of retail space available, divisible into 1,500 sq.ft. to 19,000 sq.ft. spaces, as well as 124 luxury apartments. Area demographics include a population of 152,935 within three miles earning $113,162 as the average household income. Opening is slated for Fall 2007. For more information, contact David B. Hekemian, Hekemian & Co., Inc., 505 Main Street, PO Box 667, Hackensack, NJ 07602; 800-444-3210 Ext. 109, Fax 201-487-7881; Email: dhekemian@hekemian.com; Web site: www.hekemian.com.
Legend Properties, Inc. is also preleasing The Vineyards at Nassau Valley, located on Route 9 in Sussex County, DE. The 215,000 sq.ft. lifestyle center, situated on a land area of 82 acres, has spaces available. The mixed-use project will also contain a hotel, fitness center, department store and 984 residential units. The site is located next to a wine vineyard. Area retail includes Lowe’s Home Improvement, Home Depot, Food Lion, Super Fresh, Giant, Kmart, Wal*Mart, Staples, Peebles and Tanger Outlets. Area demographics include a population of 126,797 within a 30-minute drive earning $60,099 as the average household income and an annual tourist count of seven million visitors. The company also is preleasing The Victor Building on the waterfront in Camden, NJ. The mixed-use project is located at the intersection of Market Street and Front Street and has spaces available of 2,268 sq.ft. and 8,043 sq.ft. The site is across from the Delaware River Tram Station, the New Jersey State Aquarium and I-Max. The company is also preleasing the Willingboro Town Center in Willingboro, NJ. The center is located at the intersection of Route 130 and Levitt Parkway with an average daily traffic count of 50,000 vehicles. The mixed-use project is a redevelopment of a 90,000 sq.ft. former Sears. The site is anchored by Hollywood Video, Starbucks and Ruby Tuesday. Available are spaces of 5,779 sq.ft.; 6,513 sq.ft. and 29,045 sq.ft. Cotenants include Quiznos, Rita’s, The Laundry Experience, Bagel Café, LA Nails, Great Clips and New Jersey Federal Credit Union. Area retail includes Target, OfficeMax, Home Depot, Sears, Strawbridge’s, Kohl’s, Dick’s Sporting Goods and Regal Cinemas. Demographics include a trade area population of 130,485 earning $62,422 as the median household income. For more information regarding The Vineyards at Nassau Valley, contact Joseph Scarpa or Joel Dicker, Legend Properties, Inc., 517 Route 1 South, Suite 3108, Iselin, NJ 08830; 856-231-1010/732-602-0707, Fax 732-602-9111; Emails: jscarpa@lpre.com and jdicker@lpre.com; Web site: www.lpre.com. For more information regarding The Victor Building, contact Jack Intrator. For more information regarding Willingboro Town Center, contact John Lambert, Legend Properties, Inc., 625 West Ridge Pike, Suite A-107, Conshohocken, PA 19428; 610-941-4034, Fax 610-941-4038; Emails: jintrator@lpre.com and jlambert@lpre.com.
Centers Business Management is preleasing a shopping center at the intersection of 7th Street and Redondo Avenue in Long Beach, CA. The center is anchored by Starbucks and has an average daily traffic count of 65,000. Other tenants include I Sold It, H&R Block and The UPS Store. A space of 1,187 sq.ft. is available for lease. For more information, contact Todd Nathanson or Dave O’Connell, Centers Business Management, 1517 South Sepulveda Boulevard, Los Angeles, CA 90025; 818-380-9966 Ext 24/32, Fax 818-380-9976; Emails: todd@cbm1.com or dave@cbm1.com.
Hope Properties is preleasing spaces of 17,000 sq.ft. and 29,000 sq.ft. as well as an anchor site of 61,308 sq.ft. at Boca Chica Crossing located at the intersection of Boca Chica Boulevard and International Boulevard in Brownsville, TX. Area demographics include a trade area population of 335,227. Nearby draws include Home Depot, Sunrise Mall, Paseo de la Resaca and Morrison Crossing, as well as Burlington Coat Factory, Wal*Mart, Target, Michaels and Office Depot in East Boca Chica. The company also is preleasing spaces at Stuart Place at the intersection of Stuart Place Road and U.S. Expressway 83 in Harlingen, TX. The available spaces are 3,375 sq.ft., 22,000 sq.ft. and 40,000 sq.ft. For more information, contact Vera Perera or Richard C. Hope, Hope Properties, 3000 Pablo Kisel Boulevard, Suite 200, Brownsville, TX 78526; 956-544-4641, Fax 956-544-4962; Email: vera_arrow@bizrgv.rr.com. |