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New Construction
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New Construction Goodman Real Estate Services Group, LLC is preleasing Steelyard Commons, a one million sq.ft. center located at the intersection of State Route 176, Interstate 71, Interstate 490, Interstate 90 and Interstate 77 in Cleveland, OH. Demographics include a trade-area population of 320,812 earning over $50,000 as the average household income. The center will be anchored by Wal*Mart Supercenter, Best Buy, Target and The Home Depot. The center is being developed by First Interstate Properties, Ltd. 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. Or contact, First Interstate Properties, Ltd., 25333 Cedar Road, Suite 300, Lyndhurst, OH 44124; 216-381-2900, Fax 216-381-2901.
Winick Realty Group is preleasing a 25,000 sq.ft. site located at the intersection of Sixth Avenue and 18th Street in New York, NY. The site will include 7,000 sq.ft. on the ground floor; 9,200 sq.ft. on the second floor and 9,460 sq.ft. on the lower level. Opening is slated for Spring 2007. For more information, contact Jeffrey Winick, Winick Realty Group, 655 Third Avenue, 8th Floor, New York, NY 10017; 212-792-2601.
Tamaqua Associates is preleasing HT Commons, a 204,003 sq.ft. center located at the intersection of Route 309 and Tide Road in Rush Township, PA. The site has an average daily traffic count of 41,000 vehicles. Area demographics include a population of 77,750 within 10 miles earning $37,972 as the average household income. The center is anchored by Wal*Mart Supercenter and will include small shop spaces and four acres of outparcels. Opening is slated for this Fall. The company also is preleasing Pittston Commons, a 262,000 sq.ft. center located at the intersection of State Route 315 and Interstate 81 in Pittston, PA. The center will be anchored by Wal*Mart Supercenter and will include 51,200 sq.ft. of small shop spaces. There are also 3.9 acres for available outparcels. Opening is slated for Spring 2007. For more information, contact Perry Russ, Tamaqua Associates, 300 Market Street, Johnstown, PA 15901; 814-532-6186, Fax 814-536-5505; Email: pruss@zamias.net.
Rappaport Retail Brokerage is preleasing Bristow Shopping Center, a 200,000 sq.ft. center located at the intersection of Route 28 and Linton Hall Road in Prince William County, VA. The center will be anchored by Harris Teeter. The company also is redeveloping Osborne Shopping Center, a 66,220 sq.ft. center located at the intersection of Osborne Road and Route 301 in Upper Marlboro, MD. The extensive redevelopment will include the demolition of the center and the construction of a new 149,868 sq.ft. center anchored by Safeway. The company also is preleasing Amber Ridge, a 190,000 sq.ft. center located at the intersection of Pointer Ridge Place and Route 301 in Bowie, MD. The center will be anchored by a supermarket. For more information, contact Henry S. Fonvielle, Rappaport Retail Brokerage, 8405 Greensboro Drive, Suite 830, McLean, VA 22102-5121; 571-382-1200, Fax 571-382-1210; Email: hfonvielle@rappaportco.com; Web site: www.rappaportco.com.
The Goldstein Group is preleasing Tropicana Power Center, a proposed 240,000 sq.ft. center located at the intersection of Route 9 North and Lanes Mill Road in Howell Township, NJ. The 140,000 sq.ft. Phase One is currently under development. Opening is slated for later this year. Area demographics include a population of 123,128 within five miles earning $75,515 as the average household income. Area retail includes Lowe’s Home Improvement, Applebee’s, Kohl’s, Barnes & Noble, Stop & Shop, Wal*Mart, Target, Pier 1 Imports and Petco. The company also is preleasing River Front Center, a 610,000 sq.ft. mixed-use project located at the intersection of River Drive and Slater Drive in Elmwood Park, NJ. Opening is slated for the summer. Area tenants include Elmwood Park Athletic Club and River Drive Office Center. For more information, contact The Goldstein Group, Glen Rock Plaza, 266 Harristown Road, Suite 105, Glen Rock, NJ 07452; Fax 201-703-9700; Web site: www.thegoldsteingroup.com.
Royal Properties, Inc. is preleasing a site located at the intersection of Route 59 and Airmont Road in Airmont, NY. Opening is slated for the spring. The site will have spaces available of 1,000 sq.ft. to 15,000 sq.ft. Area retail includes Wal*Mart, ShopRite, Applebee’s, EB Games, CVS, Walgreens, Hollywood Video, Blockbuster Video, Starbucks, UPS Store, Outback Steakhouse, Subway and Wendy’s. Area demographics include a population of 173,491 within five miles earning $109,045 as the average household income. The site has an average daily traffic count of 16,500 vehicles. For more information, contact David L. Landes or Jeff Kintzer, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com.
Thalhimer Cushman & Wakefield is preleasing Hanbury Village, a 100,000 sq.ft. center located at the intersection of Hanbury Road and Route 168 Bypass in Chesapeake, VA. The center will be anchored by a 52,011 sq.ft. Harris Teeter and will comprise small shops starting at 1,400 sq.ft. Six outparcels ranging from one acre to 1.8 acres are also available. For more information, contact Ed Kimple, Thalhimer Cushman & Wakefield, Exchange Place, 1313 East Main Street, Suite 400, Richmond, VA 23219; 804-648-5881, Fax 804-697-3479; Email: ed.kimple@thalhimer.com; Web site: www.thalhimer.com.
The Schultz Organization is preleasing Jackson Crossings, a 96,000 sq.ft. center located at the intersection of Hope Chapel Road and East Veterans Highway in Jackson, NJ. Opening is slated for summer or fall. The center will be tenanted by Rite Aid, McDonald’s, Surf Taco, Shore Community Bank and an Italian restaurant and has spaces available of 15,000 sq.ft. to 55,000 sq.ft. Area demographics include a population of 46,258 within three miles earning $82,962 as the average household income. For more information, contact The Schultz Organization, 900 Route 9 North, Woodbridge, NJ 07095; 732-855-0001, Fax 732-855-0034; Web site: www.schultznet.com.
Casto is developing Eastland Centre located on Hamilton Road in southeastern Columbus, OH. The 145,530 sq.ft. center has spaces available and is tenanted by Staples, Petland, Olive Garden, McDonald’s, Kohl’s and Dragon Buffet. Area retail includes Fort Rapids Waterpark, a $32 million, 58,000 sq.ft. tourist attraction slated to open in April, and Eastland Mall, anchored by Macy’s, Kaufmann’s, JCPenney and Sears. Area demographics include a population of over 600,000 within 10 miles earning $59,215 as the average household income. For more information, contact Steven D. Friedman, Casto, 191 West Nationwide Boulevard, Suite 200, Columbus, OH 43215; 614-228-5331; Web site: www.castoinfo.com. |