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New Construction
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New Construction Catlin Properties is developing Parkway Plaza, a 223,074 sq.ft. center located at the intersection of Highway 65 and East Lincoln Parkway in Lincoln, CA. The center will be situated on a land area of 21 acres. The center is proposed to be anchored by a 140,013 sq.ft. Lowe’s, with a 31,661 sq.ft. garden center and will include eight buildings with a total GLA of 56,400 sq.ft. The retail spaces range from 14,400 sq.ft. to 3,000 sq.ft. Cotenants will include restaurants, boutique shops and professional offices. For more information, contact Bob Dong, Wayne Stokes, Heath Kastner or Jared Dong, CB Richard Ellis, 555 Capitol Mall, Suite 100, Sacramento, CA 95814; for Bob Dong, 916-446-8264; for Wayne Stokes, 916-446-8275; for Heath Kastner, 916-446-8795; for Jared Dong, 916-492-6949; Emails: bob.dong@cbre.com , wayne.stokes@cbre.com , heath.kastner@cbre.com and jared.dong@cbre.com .
The Riddle Co. is developing University Town Center, a mixed-use center located on Belcrest Road in Hyattsville, MD. The center is Prince George’s County’s first town center project and is anchored by Consolidated Theaters and Safeway. For more information, contact Cheryl Handy or Tim Taylor, The Riddle Co., 6505 Belcrest Road, Hyattsville, MD 20782; 301-779-4800, Fax 301-864-1429. Coldwell Banker Commercial is preleasing Canyon Corners, a 48,000 sq.ft. development located in American Canyon, CA. The center will consist of three buildings. Building A will include 11,041 sq.ft. of retail space; building B will include 14,851 sq.ft. of retail space and building C will include 22,230 sq.ft. of retail space. Available space can be divisible to 750 sq.ft. Asking rent is $2.50 psf monthly. For more information, contact Michael Holcomb, Gary Van Dam, James Henry or Cathy Holmes, Coldwell Banker Commercial, 433 Soscol Avenue, Suite B171, Napa, CA 94559; 707-224-8454, Fax 707-224-8989.
Inland Cos. is developing Fountains of Franklin, a 70,000 sq.ft. specialty center located at the intersection of Interstate 94 and Highway 45 in Franklin, WI. The site has an average daily traffic count of 28,000 vehicles. Opening is slated for May 2007. Area demographics include a population of 180,767 within five miles earning $68,500 as the average household income. Area retail includes Lowe’s, Starbucks, Home Depot, Ashley Furniture, Sam’s Club and Jewel-Osco. The center will be situated on a land area of 10 acres and will include lit fountains and a landscaped boulevard. For more information, contact Jennifer Cape, Inland Cos., 839 North Jefferson Street, Suite 400, Milwaukee, WI 53202; 414-278-6841, Fax 414-276-9501; Email: jcape@inlandcompanies.com; Web site: www.inlandcompanies.com.
Frank Yekaitis Real Estate, LLC is preleasing Restoration Square, a center located at the intersection of Old Brandon Road and Bierdeman Road in Pearl, MS. Opening is slated for the Fall. Area demographics include a population of 20,345 within three miles earning $39,786 as the average household income. Area retail includes a community bank. The company is seeking women’s and children’s apparel stores, restaurants and national retailers and will build-to-suit or ground lease. The center has spaces available from 400 sq.ft. to 7,000 sq.ft. For more information, contact Frank Yekaitis, Frank Yekaitis Real Estate, LLC, PO Box 97133, Jackson, MS 39288-7133; 601-939-4156.
Cardinale Enterprises is developing Jackson Crossings, a 97,252 sq.ft. center located in Jackson Township, NJ. Cotenants include Wawa, Rite Aid, McDonald’s, Shore Community Bank, The Karate Dojo, Doraldo’s Restaurant, H&R Block, Surf Taco and Edible Arrangements. Opening is slated for the late summer, with phase one already 50% leased. The center has space available of 60,000 sq.ft., divisible to 1,600 sq.ft. and 2,000 sq.ft. for inline shops and endcap users. Area demographics include a population of 2,337 within one mile earning $92,967 as the average household income. For more information, contact Vito F. Cardinale, Cardinal Enterprises, 46 Newman Springs Road, Red Bank, NJ 07701; 732-747-7846, Fax 732-747-7848; Email: vfc@cardinaleenterprises.com.
The Shopping Center Group, LLC is preleasing a 165,000 sq.ft. center located at the intersection of U.S. Route 58 and Armory Drive in Franklin, VA. The center has spaces available from 1,200 sq.ft. to 2,500 sq.ft., as well as pad sites. Anchors include Fresh Farm. The company is also preleasing a 76,000 sq.ft. center located at the intersection of Interstate 95 and Premiere Boulevard in Roanoke Rapids, NC. The center has spaces available of 1,200 sq.ft. to 2,500 sq.ft., along with one outparcel. Cotenants include Fresh Farm. For more information, contact Vance Bartley, The Shopping Center Group, LLC, 534 Settlers Landing Road, Hampton, VA 23669; 757-722-2500 Ext. 206, Fax 757-723-0001; Email: vanceb@theshoppingcentergroup.com ; Web site: www.theshoppingcentergroup.com.
JBG Rosenfeld Retail is preleasing Woodland Park Crossing, a 143,000 sq.ft. mixed-use center located in Herndon, VA and is preleasing 40,000 sq.ft. of remaining space, consisting primarily of second-floor office spaces. Cotenants including Pei Wei Asian Diner, Hour Eyes Optical, Ritz Camera, Rockaway Bedding, Starbucks, Moe’s Southwest Grill, Bubbles Salon, B.F. Saul Mortgage, Moby Dick House of Kabob, Mylannie Day Spa and Art & Frame Depot have committed to more than 31,000 sq.ft. of space, joining Harris Teeter, Chevy Chase Bank and Georgetown Valet. For more information, contact Grant Ehat, JBG
Rosenfeld Retail, 4445 Willard Avenue
Watt Genton Associates is preleasing 250,000 sq.ft. of retail space in a 60-acre mixed-use development at the eastern gateway to the 8,200-acre New Model Colony in Ontario, CA. The community will comprise over 32,000 units, including 500 acres of executive homes, Class “A” office space and three major commercial sites. Area demographics include a population of 41,745 within three miles earning $68,853 as the average household income and a population of 111,280 within five miles earning $67,451 as the average household income. The company is also preleasing Lathrop Marketplace, a 279,300 sq.ft. center situated on a land area of 27 acres, located in the Tracy/Manteca/South Stockton region of CA. Area demographics include a population of 5,914 within one mile earning $63,123 as the average household income. For more information, contact Jeannie De Fazio, Watt Commercial Properties, 2716 Ocean Park Boulevard, Santa Monica, California 90405; 310-314-2430. |