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New Construction
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New Construction MLK Development, LLC is preleasing space at Plantation Commons, a 20,000 sq.ft. center located at the intersection of State Highway 3040 and Martin Luther King Boulevard in Houma, LA. The site has an average daily traffic count of 30,000 vehicles. The center has spaces available of 1,200 sq.ft. to 20,000 sq.ft. For more information, contact Henry J. Richard, MLK Development, LLC, PO Box 4035, 235 South Hollywood Road, Houma, LA 70361; 985-223-6012 Ext. 227, Fax 985-872-9160; Email: henry@galley.com; Web site: www.galley.com.
Winick Realty Group is preleasing spaces of 5,196 sq.ft. and 10,163 sq.ft. on Sixth Avenue in New York, NY. Opening is slated for the Spring. The space is located at the base of the Windsor Park luxury condominium and is located within steps of Central Park. Area businesses include The Ritz Carlton, The Plaza and Bergdorfs. For more information, contact Lori Shabtai, Winick Realty Group, 655 3rd Avenue, 8th Floor, New York, NY 10017; 212-792-2641.
Frontier Group is developing Harbour Pointe Shoppes, a 25,252 sq.ft. center located on White Plains Road in Bronx, NY. Opening is slated for January 2007. The center has spaces available of 9,252 sq.ft. and 16,000 sq.ft. Area demographics include a population of 497,209 within three miles earning $45,487 as the average household income. Area retail includes Bruckner Plaza. Asking rent is $25 psf. For more information, contact Maria Camporeale, Frontier Group, 53 Bay Ridge Avenue, Brooklyn, NY 11220; 718-491-9100, Fax 718-491-9150; Email: mcamporeale@frontiergpi.com; Web site: www.frontiergpi.com.
Urban Retail Properties is preleasing University Corners, a 108,000 sq.ft. mixed-use project located opposite The University of Florida in Gainesville, FL. The project comprises residential condominiums, restaurants, specialty retail and a hotel. Area demographics include a population of 169,309 within five miles earning $45,129 as the average household income. For more information, contact Jeff M. Ross, Urban Retail Properties, 925 South Federal Highway, Suite 225, Boca Raton, FL 33432; 561-394-6433, Fax 561-394-6991; Web site: www.urbanretail.com.
Commercial Net Lease Realty, Inc. is preleasing a center located at the intersection of U.S. 223 and M-52 in Adrian, MI. The center is expected to have a GLA of 150,000 sq.ft. and can accommodate retailers from 10,000 sq.ft. to 70,000 sq.ft. Area demographics include a population of 151,705 within a 30-minute drive earning $60,284 as the average household income. Construction is slated to being during the Spring. For more information, contact Commercial Net Lease Realty, Inc., 10260 Alliance Road, Suite 130, Cincinnati, OH 45242; 513-794-7500, Fax 513-794-7507; Web site: www.nnnreit.com.
Cousins Properties is developing the following sites: The Avenue Furys Ferry, a 253,500 sq.ft. open-air center located at the intersection of Furys Ferry Road and Riverwatch Parkway in Augusta, GA. Opening is slated for Summer 2007. Area demographics include a population of 193,190 within seven miles earning $60,131 as the average household income. The Avenue Fosyth County, a 300,000 sq.ft. center located at the intersection of GA 400 and Peachtree Parkway in Forsyth County, GA with an average daily traffic count of 90,871 vehicles. Opening is slated for Spring 2007. Area demographics include a population of 128,207 within seven miles earning $116,830 as the average household income; The Avenue Jackson, an 800,000 sq.ft. center located at the intersection of Interstate 40 and U.S. Highway 412 in Jackson, TN. Opening is slated for Fall 2007; and The Avenue La Frontera, a 267,000 sq.ft. center located on SH 45 at the intersection of FM 1325 and CR 172 in Austin, TX. Opening is slated for Spring 2007. Demographics include a trade-area population of 266,671 earning $80,604 as the average household income. For more information, contact Cousins Properties, 2500 Windy Ridge Parkway, Suite 1600, Atlanta, GA 30339-5683.
Goodman Real Estate Services Group LLC is preleasing a center located at the highway interchange of Interstate 271 and State Route 82 in Macedonia, OH. The center is situated on a land area of two acres. Area retail includes The Home Depot, Best Buy, Burlington Coat Factory, Cinemark 16, Sears Hardware, Lowe’s Home Improvement, Wal*Mart, Giant Eagle and Kohl’s. Area demographics include a population of 68,086 within five miles earning $79,745 as the average household income. For more information, contact Goodman Real Estate Services Group LLC, 25333 Cedar Road, Suite 305, Lyndhurst, OH 44124; 216-381-8200, Fax 216-381-8211; Web site: www.goodmanrealestate.com.
Woolbright Development, Inc. is developing Collection at Vanderbilt, a 253,000 sq.ft. center located at the northwest corner of Vanderbilt Beach Road and Airport Pulling Road in Naples, FL. The center will be situated on a land area of 30 acres. The development plan calls for two phases of construction of a Mediterranean revival-style retail community that will be anchored by a 19,700 sq.ft. Fresh Market. The first phase, which the company expects to complete in the third quarter of 2007, will be occupied by tenants later this year. The company is planning to complete the second phase next summer. Tenants will include Starbucks, Zazou, Salad Creations, Pauli Moto’s Asian Bistro and Strapazza Italian Restaurant, as well as additional boutiques and restaurants located near residential communities. For more information, contact Gloria Kramer, Woolbright Development, Inc., 3200 North Military Trail, Fourth Floor, Boca Raton, FL 33431; 561-989-2240; Email: gkramer@woolbright.net; Web site: www.woolbright.net.
Robert K. Futterman & Associates is preleasing Fort Apache Commons, a center located at the intersection of Charleston and Fort Apache in Las Vegas, NV. The 22,000 sq.ft. development will include specialty retail and restaurant opportunities. Area retail includes Mimi’s Café, Claim Jumper, P.F. Chang’s China Bistro, Red Rock Stations, Cheesecake Factory, Kona Grill, BJ Brewery, Islands, Gap, Chili’s, Olive Garden, Borders, Melting Pot and Whole Foods. For more information, contact Randy D. Aguilar, Robert K. Futterman & Associates, 6700 Via Austi Parkway, Suite D, Las Vegas, NV 89119; 702-270-0066, Fax 702-270-0144; Email: raguilar@rkf.com; Web site: www.rkf.com.
Michael Antkies Retail Real Estate is preleasing a 168,750 sq.ft. center located at the intersection of the Route 7 proposed bypass and Federal Road in Brookfield, CT. Area demographics include a population of 67,674 within seven miles earning $91,196 as the average household income. Proposed retailers include restaurants, a bank, coffee shop and a supermarket. For more information, contact Michael Antkies, Michael Antkies Retail Real Estate, 226 Great Hill Road, Ridgefield, CT 06877; 203-438-9525, Fax 203-894-8434; Email: mantkies@antkies.com.
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