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New Construction Rosetto Realty Group, LLC is preleasing Barnegat Plaza 67, a 150,000 sq.ft. center located at the intersection of West Bay Avenue, Lighthouse Drive and the Garden State Parkway in Barnegat, NJ. Opening is slated for next year or 2008. The center has outlots available of 3,000 sq.ft.; 3,500 sq.ft. and 6,500 sq.ft. Tenants include WaWa, CVS and a bank. Asking rent is $18.50 psf with CAM of $5 psf.
For more information, contact Ronald L. Rosetto, Rosetto Realty Group, LLC, 81 East Water Street, Suite 3G, Toms River, NJ 08753; 732-244-6700, Fax 732-244-6701; Email: ron@rosettorealty.com ; Web site: www.rosettorealty.com .
First Columbia, LLC is preleasing Newbury Plaza, a 20,000 sq.ft. center located at the intersection of Wolf Road and Central Avenue in Albany, NY. The center is situated on a land area of 2.3 acres. Opening is slated for the fall. The site has an average daily traffic count of 28,000 vehicles. Area demographics include a population of 168,760 within five miles earning $55,729 as the average household income. Area retail includes Macy’s, Sears, Boscov’s and Christmas Tree Shops.
For more information, contact Pat McGrath, First Columbia, LLC, 22 Century Hill Drive, Latham, NY 12110; 518-213-1000, Fax 518-213-1020; Email: pmcgrath@firstcolumbia.com ; Web site: www.firstcolumbia.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 square feet of retail, restaurants, entertainment, residential, hotel and office space. Opening is slated for Spring 2007. Demographics include a population of 223,618 within 10 miles earning $64,785 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 Rachel Forman, O&S Holdings, LLC, 3130 Wilshire Boulevard, Second Floor, Santa Monica, CA 90403; 310-207-8600 Ext. 151, Fax 310-207-2288; Email: rforman@osholdings.com ; Web site: www.osholdings.com .
Coco Development Group is developing the following centers throughout Canada: Walker Square Phase II located at the intersection of Provincial Road and Legacy Park Drive in Windsor, Ontario. Opening is slated for spring 2007. The site has an average daily traffic count of 40,700 vehicles. Area demographics include a population of 336,815 within five miles earning $75,200 as the average household income; Windsor Raceway Centre Phase II located at the intersection of Ojibway Parkway and Sprucewood Drive in Windsor, Ontario. Opening is slated for the fall 2007. The site has an average daily traffic count of 35,000 vehicles. Area demographics include a population of 336,815 within five miles earning $75,200 as the average household income; Banwell Place Shopping Center located at the intersection of Banwell Road and McHugh Street in Windsor, Ontario. Opening is slated for the fall 2007. The site has an average daily traffic count of 25,000 vehicles. Area demographics include a population of 336,815 within five miles earning $75,200 as the average household income; and Emeryville Town Centre located at the intersection of Highway 22 and Dubois Avenue in Emeryville, Ontario. Opening is slated for the fall 2007. The site has an average daily traffic count of 20,000 vehicles. Area demographics include a population within five miles earning $86,500 as the average household income.
For more information, contact Ken Long, Coco Development Group, 6725 South Service Road, Windsor, Ontario, Canada N8N 2M1; 519-728-3767, Fax 519-728-4259; Email: klong@mnsi.net ; Web site: www.cocodevelopment.com .
Miller-Valentine Realty is preleasing University Place, a 26,000 sq.ft. center located at the intersection of Brown and Stewart Streets in Dayton, OH. Opening is slated for July 2007. The center is situated on a land area of three acres and the site has an average daily traffic count of 30,000 vehicles. Area demographics include a population of 50,000 within three miles earning $54,200 as the average household income. Area retail includes Panera Bread and Starbucks.
For more information, contact Pete Nichols, Miller-Valentine Realty, PO Box 744, Dayton, OH 45401; 937-297-3259, Fax 937-913-5447; Email: pete.nichols@mvg.com ; Web site: www.mvg.com .
Majestic Realty Co. is preleasing the following centers: The Marketplace West, an 85,000 sq.ft. center located at the intersection of Grand Avenue and Valley Boulevard in City of Industry, CA. The center is situated on a land area of 8.81 acres; and Mountain Grove, a 553,000 sq.ft. center located at the intersection of Highland Freeway and San Bernardino Freeway in San Bernardino, CA. The center is situated on a land area of 62 acres.
For more information, contact Majestic Realty Co., 13191 Crossroads Parkway North, 6 th Floor, City of Industry, CA 91746; 562-692-9581, Fax 562-692-4591.
Lee Fry Cos. is preleasing The Shoppes of Weber Road, a 65,000 sq.ft. center located at the intersection of 115th Street and Weber Road in Bolingbrook, IL. Opening is slated for spring 2007. The center is situated on a land area of 11 acres, has inline spaces available of 1,337 sq.ft. to 4,000 sq.ft., and outlots of 30,000 sq.ft.; 34,000 sq.ft.; 44,823 sq.ft.; 59,677 sq.ft. and 67,500 sq.ft. The site has an average daily traffic count of 37,500 vehicles. Area demographics include a population of 130,000 within five miles earning $90,000 as the average household income. Asking rent is $25 psf with CAM and taxes of $4.50 psf.
For more information, contact Judith Jolicoeur, Lee Fry Cos., 825 North Cass Avenue, Suite 209, Westmont, IL 60559; 630-986-9454, Fax 630-986-0369; Email: jjolicoeur@leefryco.com ; Web site: www.leefryco.com .
Metro Developers, Inc.is preleasing Godley Village, a 200,000 sq.ft. center located at the intersection of Pooler Parkway and Benton Boulevard in Pooler, GA. The center is situated on a land area of 23 acres. Area demographics include a population of 247,011 within 15 miles earning $58,233 as the average household income. Asking rent is $25 psf with CAM of $2 psf and taxes of $0.65 psf. The development will include 90,000 sq.ft. of junior box space, 40,000 sq.ft. of outparcel space and 70,000 sq.ft. of inline space. Area retail includes Wal*Mart Supercenter and Home Depot. The company also is preleasing Whitemarsh Center, a 47,000 sq.ft. center located at the intersection of U.S. Highway 80 and Islands Expressway in Savannah, GA. The center is situated on a land area of 5.75 acres. The site has an average daily traffic count of 31,600 vehicles. Asking rent is $18 psf with CAM of $2 psf and taxes of $0.65 psf. Demographics include a trade-area population of 40,149 earning $81,316 as the average household income.
For more information, contact Andrew Feiler, Metro Developers, Inc., 120 Habersham Street, Savannah, GA 31401; 404-582-0590, Fax 404-582-0591; Email: abf@mindspring.com .
Robert Brown & Associates, Inc. is preleasing Williamsburg Marketcenter, a 200,000 sq.ft. center located at the intersection of Mooretown Road and Route 199 in Williamsburg, VA. The center is situated on a land area of 36 acres and has spaces available of 1,200 sq.ft.; 2,400 sq.ft. and 4,000 sq.ft., as well as outlots of 50,000 sq.ft.; 60,000 sq.ft. and 70,000 sq.ft., and is anchored by Ukrop’s Supermarket, Petco, Ross Dress For Less, Verizon, Quiznos, Tropical Smoothie and Rack Room Shoes. Area demographics include a population of 120,000 within 10 miles earning $73,000 as the average household income. Asking rents range from $20 psf to $40 psf.
For more information, contact Robbie Brown, Robert Brown & Associates, Inc., 5800 Lake Wright Drive, Suite 104, Norfolk, VA 23502; 257-459-2717, Fax 757-461-1630; Web site: www.robertbrownassociates.com .
-HSM Pacific is preleasing Keizer Station, an 800,000 sq.ft. center located at the intersection of Hazel Dell and 90th Street in Salem, OR. The center is situated on a land area of 97 acres and is anchored by Target, Lowe’s Home Improvement, Ross, Michaels, Bed Bath & Beyond, Cost Plus, Staples and Petco. Opening is slated for the summer. The site has an average daily traffic count of 80,200 vehicles. Asking rent is $35 psf with CAM of $4 psf and taxes of $1.75 psf. Area demographics include a population of 115,494 within five miles earning $41,474 as the average household income. The center will have spaces available of 1,200 sq.ft.; 2,500 sq.ft.; 5,000 sq.ft.; 8,000 sq.ft.; 21,000 sq.ft. and 60,000 sq.ft., as well as three pad sites of 30,000 sq.ft. each.
For more information, contact Doug Magnusen or Michael Heerman, HSM Pacific, 0612 SW Idaho Street, Suite 2, Portland, OR 97239; 503-245-1400 Ext. 16, Fax 503-245-7032; Email: doug@hsmpacific.com ; Web site: www.hsmpacific.com .
The Evans Co. is developing The Village at University Park, a center located at the intersection of Cook Street and Gerald Ford in Palm Desert, CA. The mixed-use, open-air lifestyle project combines restaurants, retail, offices and a 120-room Hilton Homewood Suites on a land area of 23.5 acres. The center will have a “retro-type” design and will be developed in stages. Phase I includes 45,000 sq.ft. of restaurants and retail stores, as well as eight buildings totaling 75,000 sq.ft. for garden office condominiums. Tenants will include Macario’s Mexican Restaurant, Postal Annex +, Bad Ass Coffee Company and Iceberg Drive-Inn, a 50s-style diner.
For more information, contact Fred Evans, The Evans Co., 74-000 Country Club Drive, H-2, Palm Desert, CA 92211; 760-773-9832; Email: fred@theevanscompany.com .
Ramco-Gershenson, Inc. is developing Shoppes of Fairlane Meadows, a 19,867 sq.ft. center located at the intersection of Ford Road and Mercury Drive in Dearborn, MI. Opening is slated for July. The site has an average daily traffic count of 61,000 vehicles. The center has five spaces available of 1,500 sq.ft., as well as spaces of 2,487 sq.ft.; 2,798 sq.ft.; 2,887 sq.ft. and 4,195 sq.ft. Area demographics include a population of 837,844 within seven miles earning $50,503 as the average household income. The site shadows a Target-anchored center.
For more information, contact Billy Gershenson, Ramco-Gershenson, Inc., 31500 Northwestern Highway, Suite 300, Farmington Hills, MI 48334; 248-592-6418, Fax 248-592-6419.
Ferguson Properties, Inc. is preleasing Whitehall Station, an 850,000 sq.ft. lifestyle center located at the intersection of Interstate 35, U.S. 69, Flintlock Road and Liberty Drive in Liberty, MO. The center is situated on a land area of 72 acres. The site has an average daily traffic count of 135,000 vehicles. Area demographics include a population of 92,482 within five miles earning $77,104 as the average household income.
For more information, contact Jay Ferguson, Jeff Sharp or Chris Vick, Ferguson Properties, Inc., 1 Victory Drive, Suite 200, Liberty, MO 64068; 816-781-2520, Fax 816-781-6316; Email fergprop@aol.com ; Web site: www.fergprop.com .
Mackenzie Commercial is preleasing a 600,000 sq.ft. center located at Workman’s Mill Court in Frederick, MD. The site has a potential build-to-suit opportunity. Area demographics include a population of 96,573 within five miles earning $81,902 as the average household income.
For more information, contact John R. Schultz or George L. Collins, Mackenzie Commercial, 2328 West Joppa Road, Suite 200, Lutherville, MD 21093; 410-821-8585; Email: jschultz@mackenziecommercial.com ; Web site: www.mackenziecommercial.com .
Grubb & Ellis/Harrison & Bates is preleasing a center located at the intersection of Ashland Junction Drive and Hill Carter Parkway in Ashland, VA. The center has space available of 16,800 sq.ft. and is located near a Wal*Mart Supercenter and Ashland Square Shopping Center. The site has an average daily traffic count of 40,000 vehicles. Area demographics include a population of 123,284 within 10 miles earning $71,574 as the average household income.
For more information, contact Susan Jones or Allyson Petty, Grubb & Ellis/Harrison & Bates, 6606 West Broad Street, Suite 400, Richmond, VA 23230-1027; 804-788-1000 Ext. 266/352; Emails: susan.jones@harrison-bates.com and allyson.petty@harrison-bates.com .
Petrie Ross Ventures is developing Centre at Edgewater, a center located at the intersection of Route 2 and Highway 665 in Edgewater, MD. The center is the redevelopment of an existing Safeway supermarket. The five-acre site has a GLA of 45,940 sq.ft., including one pad site of 3,468 sq.ft. The site has an average daily traffic count of 83,500 vehicles. Opening is slated for the summer. Area demographics include a population of 84,526 within five miles earning $84,218 as the average household income.
For more information, contact Petrie Ross Ventures, 170 Jennifer Road, Suite 300, Annapolis, MD 21401; 410-573-3800, Fax 410-573-3801. Or contact Nancy E. Catron, Catron Real Estate, 2905 Mitchellville Road, Suite 205, Bowie, MD 20716; 301-249-6673; Email: nancy@catronrealestate.net
Trout, Segall & Doyle is preleasing a 290,000 sq.ft. center located at the intersection of East Tevis Street and Legge Boulevard in Winchester, VA. The center is situated on a land area of 34 acres. Construction is expected to begin during March 2007. Area demographics include a population of 99,833 within five miles earning $46,327 as the average household income. The site has an average daily traffic count of 27,000 vehicles. Area retail includes Wal*Mart, Home Depot, Target, Lowe’s Home Improvement, Kohl’s, Old Navy, Borders Books & Music, Circuit City and Michaels.
For more information, contact Mark G. Segall, Trout, Segall & Doyle, 2 Village Square, Suite 219, Baltimore, MD 21210; 410-435-4000, Fax 410-435-4277; Email: acrosby@troutsegall.com ; Web site: www.troutsegall.com .
The Broadbent Co. is preleasing The Shoppes at 141 st Street , a center located at the intersection of 141st Street and State Route 37 in Fishers, IN. The project includes 40,864 sq.ft. of inline space, as well as three outlots. The company also is preleasing Fleming Island Shoppes, a center located at the intersection of Highway 17 and Village Square Parkway in Jacksonville, FL. The center is situated on a land area of 13.67 acres and has spaces available of 1,420 sq.ft. and up. Opening is slated for the Fall. Area demographics include a population of 60,059 within five miles earning $90,419 as the average household income. The site has an average daily traffic count of 34,000 vehicles.
For more information,
contact David A. Cheslyn or Drew Kelly, The Broadbent Co., 201 North Illinois
Street, 23 rd Floor,
Indianapolis, IN 46204-1950; 317-237-2900, Fax 317-237-2912; Email:
dkelly@broadbentco.com
For more information regarding Fleming Island Shoppes, contact Joe Kenney or Tim
Baker at 317-237-2900; Emails: jkenney@broadbentco.com and
tbaker@broadbentco.com .
Dial Properties is developing Cimmaron Plaza, a center situated on a land area of 16
acres at the intersection of 42nd Street
and Osborne Drive West in Hastings, NE. The center will include 87,000 sq.ft. of
retail space. Opening is slated for the Fall. The center, which is
shadow-anchored by a Wal*Mart Supercenter, consists of 65,000 sq.ft. of
inline space and three outparcel buildings, each approximately 7,200 sq.ft.
There are also four outlots available ranging from 0.75 acres to 1.2 acres.
Demographics include a population of 56,000 within the trade-area earning
$47,190 as the average household income. Dial Properties and Clary
Development are preleasing Constitution Trail Centre, a
450,000 sq.ft. center situated on a land area of 76 acres at the intersection of
North Main Street and Interstate 55 in Normal, IL. The center is anchored by
Schnucks and a 14-screen movie theater. Opening is slated for February 2007.
Area demographics include a population of 99,310 within five miles earning
$82,423 as the average household income.
For more information,
contact Leslie Guzinski, Dial Properties Co., 11506 Nicholas Street, Suite 100,
Omaha, NE 68154; 402-493-2800, Fax 402-493-8069; Email:
lguzinski@dialproperties.com .
The Triad Group is preleasing Vernon Valley Plaza, an 80,000 sq.ft. center located at the
intersection of Interstate 86 and Route 83 in Vernon, CT. The center is situated
on a land area of seven acres and has spaces available of 75,000 sq.ft., as well
as two outlots of one acre and two acres. Area demographics include a population
of 19,750 within five miles earning $52,200 as the average household income. The
site has an average daily traffic count of 25,000 vehicles. Asking rent is $15
NNN. For more information,
contact Gary S. Rothfopf, The Triad Group, 930 Commonwealth Avenue South,
Boston, MA 02215; 888-TRIAD-01, Fax 617-264-6292; Email:
gary@thetriadgroup.com |