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New Construction CB Richard Ellis is preleasing Old National Market Place, a 260,000 sq.ft. center located on Old National Highway in College Park, GA. The center will feature seven outparcels available for sale or lease. Anchor space is also available. For more information, contact Robin Rose David, CB Richard Ellis, 3340 Peachtree Road, Suite 1050, Atlanta, GA 30326; 404-923-1455; Email: robin.rose@cbre.com; Web site: www.cbre.com.
CenterStar Property Group is redeveloping Pennsauken Center, a supermarket-anchored center located at the intersection of Route 130 and Browning Road in Pennsauken, NJ. Area demographics include a population of 463,042 within five miles earning $48,279 as the average household income. The center has a pad site of 2,882 sq.ft. with a drive-thru available. For more information, contact CenterStar Property Group, 27 Horseneck Road, Fairfield, NJ 07004; 973-575-7935, Fax 973-575-1970; Web site: www.centerstargroup.com.
Carolina Holdings, Inc. is preleasing The Shops at Richmond Centre located at the intersection of Interstate 75 and Barnes Mill Road in Richmond, KY. The center will contain 800,000 sq.ft. of retail space for department stores, general merchandise, a stadium-seating theater, restaurants and a bookstore. Opening is slated for March 2007. The company is also preleasing Providence MarketPlace located at the intersection of Interstate 40 and Mount Juliet Road in Mount Juliet, TN. Phase I includes 830,000 sq.ft. of retail space, with shop space and outparcels available. Phase II will include approximately 275,000 sq.ft. Cotenants include Target, Belk, JCPenney, Kroger, Ross Dress For Less, Best Buy, PetSmart, Old Navy and Staples. The company is also preleasing The Village at Haywood in Greenville, SC. The mixed-use center will include a 150,000 sq.ft. specialty center slated to contain national restaurants, upscale specialty retailers and a hotel. For more information regarding The Shops at Richmond Centre, contact Britt Goodson, Carolina Holdings, Inc., 300 North Main Street, Suite 402, Greenville, SC 29601; 800-763-8088, Fax 864-272-0078; Web site: www.choldings.com. For more information regarding Providence MarketPlace, contact Charles Thrift, Crosland, 227 West Trade Street, Suite 800, Charlotte, NC 28202; 704-561-5222; Email: cthrift@crosland.com; Web site: www.crosland.com/retail. For more information regarding The Village at Haywood, contact Ron Johnson at 800-763-8088.
BridgeStar Development Co., Inc. is developing a center situated on a land area of 10 acres at the intersection of Buttermilk Road and Blackburn Road in Kingston, TN. The freestanding center, which has room for lodging and restaurant space, is slated to open Summer 2007. For more information, contact Frank T. Callaway, BridgeStar Development Co., Inc., PO Box 550636, Atlanta, GA 30355-3136; 404-504-9070, Fax 866-589-7866; Email: bridgestardev@aol.com.
Wolfson Verrichia Group, Inc. is developing Maiden Creek Crossings, a 499,053 sq.ft. center located on Route 222 in Maiden Creek Township, PA. Demographics include a trade-area population of 77,000 earning $70,000 as the average household income. The center will be anchored by a discount department store, a home improvement store, a department store, specialty stores, a junior department store, a supermarket, a bank and restaurants. The company also is developing Oxford Commons, a 434,095 sq.ft. center located on Route 10 in Lower Oxford Township, PA. Demographics include a trade-area population within seven miles earning $75,000 as the average household income. The center is anchored by Wal*Mart and Lowe’s Home Improvement. The company also is developing Woolwich Commons, a 740,598 sq.ft. center located at the intersection of Route 322 and Kings Highway. Area demographics include a population of 58,598 within seven miles earning $76,982 as the average household income. The center will be anchored by a home improvement store, an arts and crafts store, electronics store, pet supply store, a sports store, home furnishings store, an office supply store and a discount department store. The company also is developing Main Street at Woolwich, an 868,940 sq.ft. center located at the intersection of Woodbury Road and Pancoast Road in Woolwich Township, NJ. Demographics include a trade-area population of 305,000 earning $63,000 as the average household income. The center will be anchored by a department store, a supermarket and a movie theater. The company also is developing Oak Tree Plaza, a 279,170 sq.ft. center located at the intersection of Old Egg Harbor Road and Black Horse Pike in Egg Harbor Township, NJ. Area demographics include a population of 166,855 within seven miles earning $63,370 as the average household income. The center is anchored by Wal*Mart and will be co-anchored by a supermarket and office supply store. The company also is developing Aramingo Crossings, a 279,542 sq.ft. center located at the intersection of Wheatsheaf Lane, Aramingo Avenue and Butler Street in Philadelphia, PA. Demographics include a trade-area population earning $45,000 as the average household income. For more information, contact Wolfson Verrichia Group, Inc., Meetinghouse Business Center, 120 West Germantown Pike, Suite 120, Plymouth Meeting, PA 19462; 610-277-8899, Fax 610-277-8880; Email: info@wvgroup.com; Web site: www.wvgroup.com.
Crosland is preleasing Biltmore Park Town Square located at the intersection of Interstate 26 and Long Shoals Road in Asheville, NC. The site has an average daily traffic count of 80,000 vehicles. Phase I expansion will include a regional stadium-seating theater, specialty retail, restaurants and 165 residential units. For more information, contact Charles Thrift, Crosland, 227 West Trade Street, Suite 800, Charlotte, NC 28202; 704-561-5222; Email: cthrift@crosland.com; Web site: www.crosland.com/retail.
National Realty & Development Corp. is developing Village Green Center, a 215,000 sq.ft. center located at the intersection of Route 59 and Robert Pitt Drive in Monsey, NY. Opening is slated for next year. Area retail includes Pathmark Center, Christmas Tree Shop, Home Depot, Nanuet Mall, OfficeMax, ShopRite, Target and Raymour & Flanigan. For more information, contact National Realty & Development Corp., 3 Manhattanville Road, Purchase, NY 10577; 800-932-RENT.
Stoltz is redeveloping Springhouse Village Center, a 156,688 sq.ft. center located on Bethlehem Pike in Springhouse, PA. The site has an average daily traffic count of 42,400 vehicles. The center has spaces available of 1,500 sq.ft. to 84,000 sq.ft. Current tenants include Beneficial Bank, Complexions, Starbucks and Valley Green Flowers & Gifts. Area demographics include a population of 132,306 within five miles earning $100,514 as the average household income. Area retail includes Banana Republic, J. Jill, Chico’s, Ann Taylor, Aerosoles and Trade Secrets. The company also is redeveloping The Shops at Brandywine Valley, a 150,000 sq.ft. center located at the intersection of Route 202 and Route 92 in Wilmington, DE. The site has an average daily traffic count of 65,736 vehicles. Opening for the center is slated for Fall 2008. Area demographics include a population of 41,167 within three miles earning $92,337 as the average household income. The company also is redeveloping Berwyn Shopping Center, a 30,840 sq.ft. center located at the intersection of Lancaster Pike and Midland Avenue in Berwyn, PA. The site has an average daily traffic count of 51,000 vehicles. Area demographics include a population of 48,552 within three miles earning $122,589 as the average household income. Tenants include Allegiance Bank, Bravo Pizza, Nova Cleaners, CVS, PA Wine & Spirits, Super Cuts and Thai Orchard. For more information, contact Gloria Mercado, Stoltz, 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888-777-3557 Ext. 155 or 610-667-5800, Fax 610-664-1976; Email: gmercado@stoltzusa.com; Web site: www.stoltzusa.com.
Dover Cliff Development is preleasing The Shops at Gallatin, located at the intersection of Nashville Pike and Kathy Circle, with an average daily traffic count of 45,000 vehicles, in Gallatin, TN. Area demographics include a population of 25,491 within three miles earning $53,379 as the average household income. Area retail includes Chick-fil-A, Wal*Mart Supercenter, Verizon Wireless, Cracker Barrel, Jack In The Box, Fifth Third Bank, Jameson Inn, Aldi and Belk. Opening is scheduled for May 2007. For more information, contact Randy Hogan, Dover Cliff Development, 678-347-2230; Email: randy@dovercliff.net.
Sandor Development Co. is preleasing Richmond Commons, located at the intersection of Hull Street Road and Hicks Road, with an average daily traffic count of 32,975 vehicles, in Richmond, VA. The 15,600 sq.ft. center has spaces available of 1,200 sq.ft. up to 15,600 sq.ft. and is anchored by Kroger. Area demographics include a population of 53,727 within three miles earning $65,573 as the average household income. Opening is slated for next year. For more information, contact Andrew Schrage, Sandor Development Co., 2220 North Meridian Street, Indianapolis, IN 46208; 317-925-9011, Fax 317-927-0725; Email: aschrage@sandordev.com; Web site: www.sandordev.com.
Grubb & Ellis Commercial FL is preleasing Miller Park Plaza, located at the intersection of Brandon Corridor and State Road 60, with an average daily traffic count of 57,000 vehicles, in Valrico, FL. The 110,000 sq.ft. center, situated on a land area of 19 acres, has spaces available of 55,000 sq.ft. and 55,000 sq.ft., as well as four outparcels for bank and restaurant uses. Opening is slated for next year. Area retail includes Wal*Mart Supercenter, Home Depot and Lowe’s Home Improvement. For more information, contact Michelle Seifert, Grubb & Ellis Commercial FL, 3030 North Rocky Point Drive West, Suite 560, Tampa, FL 33607; 813-639-1111, Fax 813-639-1919; Email: mseifert@commercialfl.com; Web site: www.ccommercialfl.com.
Affinity Commercial Real Estate is preleasing Southmoor Commons, a 63,080 sq.ft. center located at the southeast corner of 131st and LaGrange Road in Orland Park, IL. Area demographics include a population of 45,101 within three miles earning $97,638 as the average household income. Area retail includes Jewel Food Stores, Walgreens, Oberweis Dairy, Starbucks, Subway, The UPS Store, Great Clips and Curves. For more information, contact A. Rick Scardino or Christopher Ryan, Affinity Commercial Real Estate, 64 West Seegers Road, Suite 201, Arlington Heights, IL 60005; 847-407-2273, Fax 847-407-2274; Emails: rick@acre.net and chris@acre.net; Web site: www.acre.net.
R.J. Brunelli & Co., Inc. is preleasing The Commons at Marlboro, a proposed 75,000 sq.ft. upscale specialty center located at the intersection of Route 9 and Route 520 in Marlboro, NJ. Demographics include a trade-area population of 212,000 earning $114,000 as the average household income. Area retail includes Lowe’s Home Improvement, Pathmark, Costco, T.J. Maxx, Kohl’s, Staples, Home Depot and ShopRite. For more information, contact William A. Lenaz, R.J. Brunelli & Co., Inc., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Email: wlenaz@njretailrealty.com; Web site: www.njretailrealty.com.
Paramount Realty Services, Inc. is preleasing Crossings at Old Bridge, a 141,000 sq.ft. center located at the intersection of Highway 516 and Cottrell Road in Old Bridge, NJ. Area retail includes Home Depot, Wal*Mart, Lowe’s Home Improvement, Marshalls, Old Navy, Kmart, Pathmark, ShopRite and A&P. The company also is preleasing Shoppes at Victoria Plaza, a 48,000 sq.ft. center located in Toms River, NJ. Asking rent is $18 psf NNN. Area demographics include a population of 420,000 within 10 miles earning $50,000 as the average household income. For more information, contact Maurice Zekaria, Paramount Realty Services, Inc., 1195 Route 70, Suite 2000, Lakewood, NJ 08701; 732-961-8112 or 732-886-1500, Fax 732-886-1690; Email: mzekaria@prs-nj.com.
Zamias Services, Inc. is preleasing HT Commons, a 203,079 sq.ft. center located at the intersection of Route 309 and Tide Road in Tamaqua, 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 will be anchored by a 155,078 sq.ft. Wal*Mart Supercenter and will include 48,000 sq.ft. of small shop space and four acres of outparcels. Opening is slated for Spring 2007. The company also is preleasing Nashville Commons, a 715,000 sq.ft. center located at the northwest quadrant of Briley Parkway and Dickerson Pike in Nashville, TN. The site has an average daily traffic count of 123,560 vehicles. Demographics include a trade-area population of 124,622 earning $46,287 as the average household income. The center will be anchored by Wal*Mart Supercenter. The company also is preleasing The Village at Pittsburgh Mills, a 1.1 million sq.ft. center located on Route 28 in Pittsburgh, PA. Opening is slated for Spring 2007. The site has an average daily traffic count of 84,000 vehicles. Area demographics include a population of 235,600 within 10 miles earning $61,900 as the average household income. Area retail includes Wal*Mart Supercenter and Lowe’s Home Improvement. The company also is preleasing Taylor Commons, a 308,000 sq.ft. center located at the southeastern quadrant of South Main Avenue and Colan Street in Taylor, PA. The site has an average daily traffic count of 15,000 vehicles. Opening is slated for Spring 2007. Area demographics include a population of 118,186 within five miles earning $48,145 as the average household income. The center will be anchored by a 204,000 sq.ft. Wal*Mart Supercenter. The company also is preleasing Pittston Crossings, a 261,491 sq.ft. center located at the intersection of State Route 315 and Interstate 81 in Pittston, PA. Opening is slated for Spring 2007. The site has an average daily traffic count of 64,000 vehicles. Area demographics include a population of 65,333 within five miles earning $51,828 as the average household income. The center will be anchored by Wal*Mart Supercenter. For more information, contact Cindy Lindrose, Zamias Services, Inc., 300 Market Street, Johnstown, PA 15901; 814-532-6166, Fax 814-536-5505; Email: clindrose@zamias.net.
Hekemian is developing Damascus Centre, a 138,554 sq.ft. center located at the intersection of Routes 27, 124 and Main Street in Damascus, MD. Opening is slated for late next year. The center is anchored by Safeway, McDonald’s and Ledo Pizza. Area demographics include a population of 35,210 within five miles earning $112,400 as the average household income. Spaces available range from 1,000 sq.ft. to 8,000 sq.ft. For more information, contact David B. Hekemian, Hekemian & Co., Inc. 505 Main Street, Hackensack, NJ 07601; 201-487-1500 or 800-444-3210 Ext. 109, Fax 201-487-7881; Email: dhekemian@hekemian.com.
RB Quakertown, LP, with RD Management, is preleasing Richland Marketplace, a center located on Route 309 in Richland Township, PA. The center is anchored by Target, Circuit City and PetSmart. Area demographics include a population of 182,291 within 10 miles earning $76,559 as the average household income. RB Grange Road Associates, LP, with RD Management, is preleasing Macungie Crossing, a center located at the intersection of Route 222 and Hamilton Boulevard in Trexlertown, PA. The site has an average daily traffic count of 25,355 vehicles. Area demographics include a population of 164,813 within seven miles earning $59,349 as the average household income. The center is anchored by Home Depot. Area retail includes Wal*Mart Supercenter, Kohl’s, Giant, Redner’s and Tractor Supply. For more information, contact RB Quakertown, LP c/o RD Management, LLC, 810 Seventh Avenue, 28th Floor, New York, NY 10019. Contact Jordan Brown at RD Management, 212-265-6600 Ext. 253, Fax 212-492-8464; Email: jbrown@rdmanagement.com.
Michael Salove Co. is preleasing The Shoppes at Blueberry Hill, a 40,000 sq.ft. center located at the intersection of Route 611 and Almshouse Road in Doylestown, PA. The site has an average daily traffic count of 33,000 vehicles. Opening is slated for Spring 2007. Demographics include a trade-area population earning $100,000 as the average household income. For more information, contact Douglas J. Green, Michael Salove Co., 215-568-2600 Ext. 18; Email: dgreen@salove.com.
Robert B. Hill & Associates, LLC is preleasing Tower Station, a 23-acre development located at the intersection of Route 59 and Arbor Avenue in west Chicago, IL. Demographics include 45,000 households within the trade area earning $90,000 as the average income. The site has an average daily traffic count of 40,000 vehicles. The center’s lifestyle component will encompass 140,000 sq.ft. when completed. For more information, contact James Synnott, Robert B. Hill & Associates, LLC, 602B West 5th Avenue, Naperville, IL 60563; 630-305-0350, Fax 630-305-0354.
Gambone Development Co. is developing Milford Plaza, a center located at the intersection of Weiss Road and Route 663 in Milford Township, PA. The center will be situated on a land area of 12 acres and is tenanted by WaWa Gasoline and convenience store. The company also is developing The Shoppes at Fox Ridge, a 60,000 sq.ft. center located in Montgomery County, PA. The center has one pad site available and the site has an average daily traffic count of 26,000 vehicles. For more information, contact Gambone Development Co., 1030 West Germantown Pike, East Norriton, PA 19403; 610-539-4700; Web site: www.gambone.com.
Fameco Real Estate is preleasing Heritage Square Shopping Center, a 247,000 sq.ft. center located at the intersection of Route 1 and Stouts Lane in South Brunswick, NJ. Opening is slated for March 2007. Area demographics include a population of 175,972 within seven miles earning $89,905 as the average household income. The company also is preleasing The Shops at Fish Pond, a center located at the intersection of Hurffville-Cross Keys Road and Fish Pond Road in Sewell, NJ. Area demographics include a population of 159,367 within five miles earning $64,853 as the average household income. Tenants include Children of America. The company also is preleasing a 200,000 sq.ft. center located at the intersection of Route 724 and Stony Run Road in East Vincent Township, PA. Area demographics include a population of 98,997 within 10 miles. The company also is preleasing a center located at the intersection of Braddock Avenue and MacArthur Boulevard in Somers Point, NJ. The site has space available of 10,400 sq.ft. Demographics include a trade-area population of 62,000 earning $50,000 as the average household income. The company also is redeveloping Bradford Plaza, a center located at the intersection of Route 322 and Route 162 in West Chester, PA. The center is anchored by a 70,000 sq.ft. Giant supermarket. Area demographics include a population of 100,099 within five miles earning $93,068 as the average household income. The company also is preleasing a site located at the intersection of Route 130 and Fairview Avenue in Delran, NJ. The site has spaces available of 1,200 sq.ft. to 100,000 sq.ft., as well as two pad sites. Area retail includes Lowe’s Home Improvement and ShopRite. The site has an average daily traffic count of 52,080 vehicles. Area demographics include a population of 231,533 within five miles earning $60,487 as the average household income. For more information, contact Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793; Emails: pgrabois@famecoretail.com and jkushner@famecoretail.com.
The Schultz Organization is preleasing a 300,000 sq.ft. center located at the intersection of White Horse Pike and Broadway in Hammonton Township, NJ. The center is situated on a land area of 33 acres and has anchor positions, medium box and pad locations available. Area retail includes Wal*Mart, ShopRite, Super Fresh, Applebee’s, Wendy’s, Burger King, Commerce Bank and KFC. Opening is slated for next year. The company also is developing a site with 9.93 acres, including four usable acres, on Route 1 South in South Brunswick, NJ. The site has an average daily traffic count of 57,686 vehicles. Area retail includes Home Depot and Stop & Shop. Area demographics include a population of 95,741 within five miles earning $123,020 as the average household income. For more information, contact Steven Winters, The Schultz Organization, 900 Route 9 North, Suite 301, Woodbridge, NJ 07095; 732-855-0001, Fax 732-855-0034; Email: swinters@schultznet.com.
Welco Realty, Inc. is preleasing Summerhill Square, a 140,000 sq.ft. center located on Route 18 in East Brunswick, NJ. Opening is slated for Spring 2008. Spaces available range from 2,000 sq.ft. to 80,000 sq.ft. Area retail includes Borders Books, Barnes & Noble, Toys “R” Us, Ethan Allen, Sports Authority, OfficeMax, T.J. Maxx, Kohl’s, Circuit City, Macy’s, Old Navy, JCPenney, A.C. Moore, Loehmann’s, Best Buy, Party City, Dick’s Sporting Goods and Lowe’s Home Improvement. Area demographics include a population of 209,759 within five miles earning $77,117 as the average household income. For more information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500; Web site: www.welcorealty.com.
Acadia Realty Trust is preleasing Pelham Manor Shopping Plaza, a 234,822 sq.ft. center located in Pelham, NY. The center is anchored by Home Depot and has spaces available of 2,425 sq.ft. to 40,000 sq.ft., as well as a bank site. Area demographics include a population of 400,119 within three miles earning $59,780 as the average household income. For more information, contact Paul Monaco, Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 800-227-5570.
New Plan is developing The Shoppes at Cinnaminson, a 330,000 sq.ft. center located at the intersection of Cinnaminson Avenue and Route 73 in Cinnaminson, NJ. The center is currently anchored by ShopRite, Ross Dress For Less and a proposed OfficeMax. The site has an average daily traffic count of 60,000 vehicles. Opening is slated for Spring 2008. Area demographics include a population of 350,856 within five miles earning $64,393 as the average household income. For more information, contact Steve Teplick or David Vender, New Plan, 2311 Cottman Avenue, Philadelphia, PA 19149; 215-708-0700 or 800-892-4728; Emails: steplick@newplan.com and dvender@newplan.com.
Coldwell Banker Bennett Williams is preleasing Shoppes at Shippensburg, a center located at the intersection of Airport Road and Walnut Bottom Road in Shippensburg, PA. Opening is slated for Spring 2007. Area retail includes Rutter’s Farm Store and Quiznos. Area demographics include a population of 43,013 within five miles earning $52,843 as the average household income. The company also is preleasing The Shoppes at Guilford, a 16,000 sq.ft. center located on Route 30 in Chambersburg, PA. Area retail includes Lowe’s Home Improvement and Wal*Mart Supercenter. Area demographics include a population of 43,296 within five miles earning $52,547 as the average household income. For more information, contact Chad Stine or Brad Rohrbaugh, Coldwell Banker Bennett Williams, 110 North George Street, 4th Floor, York, PA 17401; 717-843-5555, Fax 717-843-5550; Emails: cstine@bennettwilliams.com and brohrbaugh@bennettwilliams.com.
The Goldenberg Group is preleasing Pennsdale Village, a 400,000 sq.ft. center located at the intersection of Interstate 180 and Route 220 in Pennsdale, PA. The site has an average daily traffic count of 35,900 vehicles. Area demographics include a population of 57,651 within 10 miles earning $50,557 as the average household income. For more information, contact The Goldenberg Group, 630 Sentry Parkway East, Suite 300, Blue Bell, PA 19422; 610-260-9600, Fax 610-260-0268; Web site: www.goldenberggroup.com.
Legend Properties, Inc. is preleasing Upland Square, a 400,000 sq.ft. center located at the intersection of Route 100 and North State Street in West Pottsgrove, PA. The site has an average daily traffic count of 24,000 vehicles. Area demographics include a population of 106,599 within seven miles earning $56,306 as the average household income. The center has pad sites available. The company also is preleasing a 150,000 sq.ft., three-story center located at the intersection of Lombard and Front Streets in Philadelphia, PA. Area demographics include a population of 36,935 within one mile earning $48,849 as the median household income. The company also is preleasing a center located on American Street in Philadelphia, PA. The center will be developed on a land area of four acres. The site has an average daily traffic count of 43,000 vehicles. Area demographics include a population of 438,065 within three miles earning $27,125 as the median household income. For more information, contact James DePetris, Legend Properties, Inc., 625 West Ridge Pike, Suite A-107, Conshohocken, PA 19428; 610-941-4034, Fax 610-941-4038; Email: jdepetris@lpre.com; Web site: www.lpre.com.
Equity Retail Brokers, in cooperation with Jim O’Hara Realty Associates, LLC, is preleasing a center located at the intersection of Route 202 and Ridge Road in Concordville, PA. The center has spaces available of 19,500 sq.ft. to 29,000 sq.ft., as well as various inline spaces. The site has an average daily traffic count of 42,751 vehicles. Area demographics include a population of 78,228 within five miles earning $106,698 as the average household income. The site is located across from the Glen Eagle Shopping Center. The companies also are preleasing The Shoppes at Morgantown, a 200,000 sq.ft. center located at the intersection of Interstate 76 and Route 10 in Caernarvon Township, PA. The center has spaces available of 3,000 sq.ft. to 54,500 sq.ft., as well as inline spaces and pad sites. The site has an average daily traffic count of 58,954 vehicles. For more information, contact Ed Ginn, Equity Retail Brokers, 101 West Elm Street, Suite 370, Conshohocken, PA 19428; 610-645-7700, Fax 610-645-5454; Email: eginn@equityretailbrokers.com . Or contact, Jim O’Hara, Jim O’Hara Realty Associates, LLC, 630 Churchmans Road, Suite 3, Newark, DE 19702; 302-266-8490 Ext. 1, Fax 302-266-8492; Email: jimohara@jimohararealty.com.
Interstate Management is developing a 20,000 sq.ft. site located on South Main Street in Freeport, NY. Area demographics include a population of 373,211 within five miles earning $101,907 as the average household income. For more information, contact Allen Pilevsky or Seth Pilevsky, Interstate Management, 2555 Ocean Avenue, Brooklyn, NY 11229-4552; 718-616-2000; Email: info@interstatemgmt.com.
Brandolini Cos. is developing Limerick Crossing Shopping Center, a 120,000 sq.ft. center located at the southwest corner of Ridge Pike and Township Line Road in Limerick, PA. The center is anchored by Acme Supermarket and Rite Aid. Opening is slated for Spring 2007. The site has an average daily traffic count of 27,011 vehicles. Area demographics include a population of 146,896 within seven miles earning $70,254 as the median household income. For more information, contact David M. Waterman or Lance W. Billingsley, Brandolini Cos., 1301 Lancaster Avenue, Berwyn, PA 19312; 610-640-9800, Fax 610-640-9058; Web site: www.brandolinicompanies.com.
NAI Mertz is preleasing a site located at the intersection of 58th and Woodland Avenue in Philadelphia, PA. The center has spaces available of 1,463 sq.ft. to 13,000 sq.ft. and is situated on a land area of four acres. Asking rent is $18 psf. Area demographics include a population of 750,446 within five miles earning $44,895 as the average household income. For more information, contact Philip Rothenberg, NAI Mertz, 21 Roland Avenue, Mt. Laurel, NJ 08054; 215-221-1100, Fax 856-234-4957; Email: philip.rothenberg@naimertz.com; Web site: www.naimertz.com.
Regency Centers is preleasing Towamencin Village Center, a 38,070 sq.ft. center located at the intersection of Sumneytown Pike and Forty Foot Road in Kulpsville, PA. The site has an average daily traffic count of 20,000 vehicles. Area demographics include a population of 51,068 within three miles earning $84,558 as the average household income. The company also is preleasing Grings Hill Shopping Center, a 259,500 sq.ft. center located at the intersection of Grings Hill Road and U.S. 222 in Cumru Township, PA. The site has an average daily traffic count of 29,000 vehicles. Area demographics include a population of 43,601 within three miles earning $70,652 as the average household income. The company also is preleasing Whitehall Shopping Center, a 263,800 sq.ft. center located at the intersection of MacArthur Road and Sumner Avenue in Whitehall Township, PA. The site has an average daily traffic count of 42,000 vehicles. Area demographics include a population of 130,614 within three miles earning $49,416 as the average household income. For more information, contact Regency Centers, 150 Monument Road, Suite 406, Bala Cynwyd, PA 19004; 610-747-1200; Web site: www.regencycenters.com.
Jeffery Realty, Inc. is preleasing a center located at the intersection of Morris Avenue and Commerce Avenue in Union, NJ. Opening is slated for the first quarter of 2008. The site has an average daily traffic count of 28,000 vehicles. Asking rent is $30 psf NNN. Area retail includes CVS, Walgreens, Dunkin’ Donuts, Commerce Bank, ShopRite and Blockbuster Video. Area demographics include a population of 573,934 within five miles earning $83,719 as the average household income. For more information, contact John Lutz or Patrick Delaney, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600, Fax 908-668-5225; Emails: jlutz@jefferyrealty.com and pdelaney@jefferyrealty.com; Web site: www.jefferyrealty.com.
Pacific Integrated Capital is preleasing Quartz Hill Plaza, an 80,000 sq.ft. center located at the intersection of N Street and 50th in Palmdale, CA. The center is situated on a land area of nine acres and is slated to open during Summer 2008. The center will be shadow-anchored by Albertsons and Hollywood Video. Tenants will include Quiznos, Cold Stone Creamery, Del Taco, Carl’s Jr. and ETC. For more information, contact Bruce Mehdaini, Pacific Integrated Capital, 15477 Ventura Boulevard, Suite 200, Sherman Oaks, CA 91403; 818-917-7424, Fax 818-995-6176; Email: bruce.me@sbcglobal.net; Web site: www.erawg.com.
LMS Commercial Real Estate is preleasing a land area of 28.5 acres at the intersection of Rocherty and Cornwall Roads in Lebanon, PA. Area demographics include a population of 63,043 within five miles earning $62,397 as the average household income. The site is proposed for a 100,000 sq.ft. center. The company also is preleasing The Shoppes at Marietta, a center located in Marietta, PA. The site has an average daily traffic count of 18,000 vehicles. Area demographics include a population of 179,161 within 10 miles earning $64,205 as the average household income. For more information, contact LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Web site: www.lms-pma.com.
Benderson Development Co., LLC is preleasing Hamilton Square, a 275,000 sq.ft. center located at the intersection of Blackhorse Pike and Wrangleboro Road in Mays Landing, NJ. Area demographics include a population of 273,223 within 15 miles earning $63,750 as the average household income. Area retail includes the Hamilton Mall, which is anchored by Macy’s, Sears and JCPenney, and Wrangleboro Consumer Square, anchored by Kohl’s, BJ’s, Target and Best Buy. For more information, contact Benderson Development Co., LLC, 570 Delaware Avenue, Buffalo, NY 14202; 716-886-0211, Fax 716-886-2269; Web site: www.benderson.com.
Silbert Realty & Management Co., Inc. is preleasing Cedar Glen at Branchburgh, a 40,852 sq.ft. center located at the intersection of State Highway Route 22 and County Route 614 in Branchburg, NJ. Opening is slated for May 2007. The site has an average daily traffic count of 51,300 vehicles. Area demographics include a population of 77,405 within five miles earning $125,939 as the average household income. For more information, contact Brian S. Silbert, Silbert Realty & Management Co., Inc., 85A Division Avenue, Millington, NJ 07946; 908-604-6900 Ext. 15, Fax 908-604-2030.
David Cronheim Co. is developing a 95,000 sq.ft. retail center on Glassboro Road in Mantua, NJ. The property is two miles from Rowan University and is adjacent to the a newly planned center with tenants including Lowe’s Home Improvements, Target, Staples and PetSmart. For more information, contact Chris Flammer, David Cronheim Co., PO Box 268, 205 Main Street, Chatham, NJ 07928; 973-635-2180 Ext. 2228, Fax 973-635-1922; Email: cflammer@cronheim.com; Web site: www.cronheim.com.
Preferred Development will develop Eastgate Marketplace, a 15,000 sq.ft. strip center at the intersection of Route 22 and Doyle Road in Fox River Grove, IL. Groundbreaking is scheduled for this month. The center will be anchored by CarX and has space for six additional tenants, with units ranging from 1,400 sq.ft. to 4,200 sq.ft. Completion is slated for February 2007. For more information, contact Preferred Development, 141 West Jackson, 35th Floor, Chicago, IL 60604; 312-327-2700, Fax 312-987-1101; Web site: www.preferreddevelopment.com.
Developers Realty Corp., in conjunction with Palm Coast Developers, LLC and Weingarten Realty Investors, is developing Palm Coast Centre. The 1,600-acre mixed-use development is located north of State Route 100, between Belle Terre Parkway and I-95, in Palm Coast, FL. Area demographics include a population of 40,000 within five miles. The 715,000 sq.ft. retail project will be anchored by Super Target and will include 3,000 residential units. Developers Realty Corp. is developing a 580,000 sq.ft. center located in Deltona, FL. The center will consist of department stores, restaurants and an 18-screen stadium seating theater. Opening is slated for Spring 2008. The site is located on State Road 472 at Interstate 4. Developers Realty Corp. is also developing a project on a 35-acre site located at the intersection of U.S. Highway 41 and State Road 54, with an average daily traffic count of 50,000 vehicles, in Tampa, FL. Area demographics include a population of 170,000 earning $70,000 as the average household income. For more information, contact Developers Realty Corp., 433 South Main Street, West Hartford, CT 06110; 860-561-0121, Fax 860-521-4323. |