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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.
The Goldenberg Group is preleasing Doylestown Court, a 97,881 sq.ft. center located at the intersection of Swamp Road and York Road in Doylestown, PA. The center is situated on a land area of 17 acres. Opening is slated for summer 2007. Area demographics include a population of 118,460 within seven miles earning $57,010 as the average household income. For more information, contact The Goldenberg Group, 350 Sentry Parkway, Building 630, Suite 300, Blue Bell, PA 19422; 610-260-9600, Fax 610-260-0269.
LMG Investments, LLC is preleasing a center located at the intersection of Military Highway and George Road in San Antonio, TX. The center will be situated on a land area of 6.42 acres and has outlots available of 50,000 sq.ft. to 60,000 sq.ft. The site has an average daily traffic count of 32,800 vehicles. Area demographics include a population of 842,948 within 10 miles earning $65,133 as the average household income. Asking rents range from $18 psf to $20 psf NNN. For more information, contact Randall Gonzalez or Marci Lindsey, LMG Investments, LLC, 4570 Westgrove Drive, Suite 250, Addison, TX 75001; 972-233-8888, Fax 972-233-1615; Email: info@lmginvestments.com; Web site: www.lmginvestments.com.
Seneca Properties is preleasing Westview Corner Shopping Center, a 25,500 sq.ft. center located at the intersection of Crestwood Boulevard and Corporate Drive in Frederick, MD. Construction is expected to begin during June, with completion slated for the first quarter of 2007. The center has spaces available of 1,200 sq.ft. to 3,000 sq.ft. and is anchored by Greenberry’s Café, Cold Stone Creamery, Pei Wei Asian Diner and Qdoba. The site has an average daily traffic count of 23,000 vehicles. Area demographics include a population of 76,543 within five miles earning $57,610 as the average household income. Area retail includes T.G.I. Friday’s, Macaroni Grill, Starbucks, Chipotle, Panda Express and a 16-screen movie theater. Asking rent is $41 psf with CAM of $2.90 psf and taxes of $1.50 psf. For more information, contact Marc Geoffroy, Seneca Properties, 4929 Bethesda Avenue, Suite 200, Bethesda, MD 20814; 301-941-8000, Fax 301-941-8180; Email: marc@senecaprop.com; Web site: www.senecaprop.com.
The Rotella Group, Inc. is preleasing Shops at Spanish River, a center located at the intersection of Federal Highway and Spanish River Boulevard in Boca Raton, FL. Opening is slated for this month. The center is currently tenanted by Quiznos Subs, Cold Stone Creamery, Nextel, Sports Clips and Boca Pharmacy. The site has an average daily traffic count of 32,700 vehicles. For more information, contact Steven M. 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.
William B. May Commercial is preleasing a 750,000 sq.ft. mixed-use development located on the waterfront in Jersey City, NJ. The center will include 6,000 residential units and four million sq.ft. of office space. Retail spaces will range from 720 sq.ft. to 60,000 sq.ft. For more information, contact Michael R. Buzzeo, William B. May Commercial, 505 Eighth Avenue, Suite 804, New York, NY 10018; 646-442-3804, Fax 212-265-8751.
The Schultz Organization is preleasing Jackson Crossings, a 96,000 sq.ft. center located at the intersection of Route 528 and Route 547 in Jackson, NJ. The center has spaces available of 25,000 sq.ft. and up. Opening is slated for later summer or early fall. Signed tenants include Rite Aid, McDonald’s, Surf Taco, Shore Community Bank and an Italian restaurant. For more information, contact Tony Georgiev, The Schultz Organization, 900 Route 9 North, Suite 301, Woodbridge, NJ 07095; 732-855-0001, Fax 732-855-0034; Email: tgeorgiev@schultznet.com.
O&S Holdings, LLC is developing Bridge Street Town Centre, a two million sq.ft. mixed-use center located in Huntsville, AL. The $210 million development will include two million sq.ft. of retail, restaurants, entertainment, residential, hotel and office space. Opening is slated for Spring 2007. Demographics include a trade-area population earning $61,000 as the average household income. The company also is developing Jordan Creek Marketplace, a 400,000 sq.ft. center located in West Des Moines, IA. The center will include big box retail and restaurants situated on a land area of 45 acres, as well as 200 to 300 multi-family apartments on 15 acres. The center will feature landscaping, fountain and water features, pedestrian-friendly walkways and trails, and is situated adjacent to Jordan Creek Town Center, a two million sq.ft. center with 145 shops, restaurants and big box retailers. Opening is slated for Fall 2007. Area demographics include a population within three miles earning $97,000 as the average household income. For more information, contact O&S Holdings, LLC, 11611 San Vincente Boulevard, Suite 500, Los Angeles, CA 90049; 310-207-8600, Fax 310-207-2288; Web site: www.osholdings.com.
Central Place Real Estate is preleasing Landmark Gate, a 21,000 sq.ft. center located at the intersection of West Beltline Highway and Todd Drive in Madison, WI. Opening is slated for Fall 2006. Asking rents range from $18 psf to $24 psf with CAM of $5 psf. For more information, contact Robert Zache, Central Place Real Estate, 8383 Greenway Boulevard, Middleton, WI 53562; 608-836-9070, Fax 608-836-5547; Email: info@centralplacere.com; Web site: www.centralplacere.com.
Echo Warren Associates, L.P. is preleasing Warren Commons, a 353,000 sq.ft. center located at the intersection of U.S. Route 62 and State Route 69 in Warren, PA. Area demographics include a population of 55,856 within 15 miles earning $49,529 as the average household income. The center has 57,575 sq.ft. of small shop space and is anchored by Wal*Mart Supercenter and Lowe’s Home Improvement. There are 10 small shop units, with sizes ranging from 620 sq.ft. to 14,755 sq.ft., as well as 8.1 acres of available outparcels. For more information, contact Perry Russ, Echo Warren Associates, L.P., 300 Market Street, Johnstown, PA 15901; 814-532-6186, Fax 814-536-5505; Email: pruss@zamias.net.
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. |