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New Construction
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New Construction Coffman Realty, Inc. is preleasing a 75,000 sq.ft. center located on Route 38 in Wilmington, MA. Opening is slated for Fall 2007. The site has spaces available from 1,200 sq.ft. to 18,000 sq.ft. and is located directly across from Wilmington Plaza, which is anchored by Market Basket. The site has an average daily traffic count of 24,600 vehicles. Area demographics include a population of 249,884 within seven miles earning $79,071 as the average household income. For more information, contact Michael Coffman, Coffman Realty, Inc., 1300 Belmont Street, Suite 302, Brockton, MA 02301; 508-588-0560, Fax 508-584-7687.
The Rotella Group is preleasing Pine Island Commons, a center located at the intersection of West Sunrise Boulevard and University Drive in Plantation, FL. Opening is slated for the fourth quarter of 2007. The center has spaces available of 2,400 sq.ft.; 2,650 sq.ft. and 4,500 sq.ft. Market rent is $30 psf with CAM of $3.50 psf. Area demographics include a population of 388,143 within five miles earning $54,035 as the average household income. For more information, contact Steve 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 .
Regency Centers is developing Indio Towne Center, a 604,837 sq.ft. center located at the intersection of Interstate 10 and Jackson Street in Indio, CA. The center is anchored by Home Depot and has spaces available of 4,000 sq.ft. to 96,696 sq.ft. The site has an average daily traffic count of 55,000 vehicles. Area demographics include a population of 53,183 within three miles earning $49,123 as the average household income. The company also is leasing The Shops at Highland Village, a 373,935 sq.ft. center located at the intersection of FM 2499 and FM 407 in Highland Village, TX. The site has an average daily traffic count of 18,200 vehicles. The center is a mixed-use lifestyle center consisting of approximately 345,000 sq.ft. of retail and restaurants and 30,000 sq.ft. of office space. Opening is slated for next year. Area demographics include a population of 48,356 within three miles earning $130,418 as the average household income. The company also is developing Merrimack Village Center, a 92,768 sq.ft. center located at the intersection of Frederick E. Everett Turnpike and Greeley Street in Merrimack, NH. The center is anchored by Shaw’s. Area demographics include a population of 64,450 within five miles earning $88,738 as the average household income. Cotenants include Quiznos, Supercuts and a dry cleaners. For more information, contact Regency Centers, 915 Wilshire Boulevard, Suite 2200, Los Angeles, CA 90017; 213-553-2200 or 888-705-3092; Web site: www.regencycenters.com . For more information regarding The Shops at Highland Village, contact Regency Centers, 8140 Walnut Hill Drive, Suite 400, Dallas, TX 75231; 214-706-2500 or 800-225-4646. For more information regarding Merrimack Village Center, contact Regency Centers, 150 Monument Road, Suite 406, Bala Cynwyd, PA 19004; 610-747-1200 or 866-256-2058.
North American Properties Southeast, Inc. is developing Publix at FishHawk, a 90,000 sq.ft. center located at the intersection of FishHawk Boulevard and FishHawk Crossing Boulevard in Tampa, FL. Opening is slated for the fall. Demographics include a trade-area population of 14,631 earning $59,792 as the average household income. The company also is developing North Point, a 300,000 sq.ft. center located at the intersection of Pine Island Road and Del Prado Boulevard in Cape Coral, FL. Phase II is slated to open during the fall of 2007. The site has an average daily traffic count of 55,900 vehicles. Demographics include a trade-area population of 251,300 earning $53,500 as the average household income. The company also is developing Coral Walk, 300,000 sq.ft. center located in Cape Coral, FL. Opening is slated for fall 2007. Demographics include a trade-area population of 251,300 earning $53,500 as the average household income. For more information, contact Ryan Joyce or Jimmy Adkins, North American Properties Southeast, Inc., 7500 College Parkway, Fort Myers, FL 33907; 239-278-1121, Fax 239-278-0995; Web site: www.naproperties.com .
Cross Development is developing Pine Bluff Plaza, a 23,000 sq.ft. center located at the northwest corner of South Olive Street and Interstate 530 in Pine Bluff, AR. Area retail includes a 206,093 sq.ft. Wal*Mart Supercenter. Area demographics include a population of 67,900 within 10 miles earning $34,511 as the average household income. For more information, contact Warren Doyle, Cross Development, One Bent Tree Tower, 16475 North Dallas Parkway, Suite 218, Addison, TX 75001; 580-237-3003 or 972-447-0030 Ext. 202 for Lankford; Email: wdoyle@crossdevelopment.net
ATS Realty Corp. is preleasing a 76,000 sq.ft. newly redeveloped site located at the access ramp to Interstate 95 on North Main Street in Providence, RI. Area demographics include a population of 398,022 within five miles earning $47,294 as the average household income. Area retail includes Blockbuster Video, PepBoys, Dunkin’ Donuts, Shaw’s, Petco, Whole Foods Market, Staples, Radio Shack, Olympia Sports and Sovereign Bank. For more information, contact Jim Speros or Michael Altman, ATS Realty Corp., 1601 Trapelo Road, Waltham, MA 02451; 781-672-0200, Fax 781-672-0277; Emails: jim@atsrealty.com and mike@atsrealty.com .
Andy Lee Co./Blackburn Properties is preleasing Quail Creek Crossing, a 216,814 sq.ft. center located at the intersection of Lawrence Road and New Maplewood Extension in Wichita Falls, TX. The center is situated on a land area of 23.16 acres and has spaces available of 4,900 sq.ft. to 40,000 sq.ft. Opening is slated for November. Anchors include Academy Sports, Bed Bath & Beyond and PetSmart. Cotenants include David’s Bridal and a restaurant. Area demographics include a population of 130,471 within 10 miles earning $44,473 as the average household income. Asking rents range from $18 psf to $22 psf. For more information, contact Andy Lee or Paul Blackburn, Andy Lee Co./Blackburn Properties, 1410 Grant Street, Wichita Falls, TX 76309; 940-636-2869 or 210-828-7654, Fax 940-763-0689 or 210-822-5647; Email: andyleecompany@prodigy.net .
RD Management, LLC is preleasing Macungie Crossing, a 237,350 sq.ft. center located at the intersection of Route 222 and Hamilton Boulevard in Trexlertown, PA. Construction is slated to begin during spring 2007. Area retail includes Kohl’s, Giant, Redner’s and Tractor Supply. Area demographics include a population of 164,813 within seven miles earning $59,349 as the average household income. The company also is preleasing Richland Marketplace, a 407,000 sq.ft. center located in Richland Township, PA. Opening is slated for March 2007. Anchors will include Target, PetSmart and Circuit City. Area demographics include a population of 182,291 within 10 miles earning $76,559 as the average household income. For more information, contact Jordan Brown, RD Management, LLC, 810 Seventh Avenue, 28th Floor, New York, NY 10019; 212-265-6600 Ext. 253, Fax 212-492-8464; Email: jbrown@rdmanagement.com .
Gulfstream Commercial Services is preleasing Oxford Center located at the intersection of Highway 231 and Veterans Memorial Parkway in Bowling Green, KY. The center is situated on a land area of 50 acres. Area retail includes Wal*Mart Supercenter. The company also is developing Airport Station, a center located on Parrish Avenue in Owensboro, KY. The center is situated on a land area of 7.5 acres. The company also is preleasing Highland Pointe, a center located in Owensboro, KY. The site has an average daily traffic count of 35,000 vehicles. For more information, contact Brad Anderson, Gulfstream Commercial Services, 2960 Fairview Drive, Suite 1, Owensboro, KY 42303; 270-685-9007; Email: brada@gulfstreamdev.com .
Forest City Washington is developing Southeast Federal Center, a mixed-use center located at the intersection of 1st and M Streets in Washington, DC. The site has 250,000 sq.ft. of retail space,1.8 million sq.ft. of office space and 2,700 residential units. The center is situated on a land area of 42 acres. For more information, contact Forest City Washington, 1615 L Street NW, Suite 400, Washington, DC 20036; 202-496-6605. |