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New Construction WRS Real Estate Investments is developing Shoppes at Garner, a 246,000 sq.ft. shopping center located at the intersection of Highway 401 and Purser Drive in Garner, NC. The site will be anchored by Wal*Mart Supercenter with spaces available from 1,400 sq.ft. to 5,000 sq.ft. as well as outparcels. Opening is scheduled for July 2008. Area retail includes Kmart, Staples, Lowe’s Home Improvement and Belk. The average daily traffic count is 34,000 vehicles. Area demographics include a population of 115,616 within five miles earning $58,000 as the average household income. For more information, contact Erbie Blackwell, WRS Real Estate Investments, PO Box 7339, Aiken, SC 29804; 803-502-2220, Fax 803-502-2219; Email: eblackwell@wrsrealty.com; Web site: www.wrsrealty.com.
Sandor Development Co. is preleasing Wal*Mart Plaza, a 25,000 sq.ft. strip center in San Antonio, TX, located at the intersection of Bandera Road and Bristlecone Drive. The center has spaces available of 1,200 sq.ft. to 10,000 sq.ft. and sits on a land area of two acres. Asking rent is $23 psf. The site is shadow-anchored by Wal*Mart Supercenter and is slated to open during September. Area demographics include a population of 269,828 within five miles earning $50,047 as the average household income. For more information, contact Josh Corren, Sandor Development Co., 5725 North Scottsdale Road, Suite C-95, Scottsdale, AZ 85250; 480-949-9011, Fax 480-949-9020; Email: jcorren@sandordev.com; Web site: www.sandordev.com.
Lauth Property Group is developing The Shoppes at Rivercrest, a project in Granite Falls, NC that includes 280,000 sq.ft. of retail space to be built in two phases. The site is located at the intersection of Highway 321 and New Farm Road and sits on a land area of 60 acres. Wal*Mart will be one of the anchors. Phase one of the development is scheduled to open late this year. For more information, contact Blake Beaver, Lauth Property Group; 317-663-6403; Web site: www.lauth.net.
The Sembler Co. is developing several projects totaling 3.8 million in FL and GA. The projects include: The 400,000 sq.ft. Boynton Town Center in Boynton Beach, FL; the 469,000 sq.ft. Legacy Place in Palm Beach Gardens, FL; the 170,000 sq.ft. North Springs Plaza in Coral Springs, FL; the 850,000 sq.ft. Oakleaf Town Center in Jacksonville, FL; the 148,000 sq.ft. Park Street Center in Seminole, FL; the 165,000 sq.ft. Promenade at Naples Centre in Naples, FL; the 1.15 million sq.ft. Winter Garden Village at Fowler Groves in Winter Garden, FL; the 175,000 sq.ft. Austell Point in Austell, GA and the 300,000 sq.ft. Cumming Town Center in Cumming, GA. For more information, contact The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33707; 727-384-6000, Fax 727-343-4272; Web site: www.sembler.com.
NAI Atlantic Coast Realty is preleasing River Watch Plaza, a mixed-use development on Main Street in Toms River, NJ. The site includes 22,000 sq.ft. of first-floor retail and 44,000 sq.ft. of second- and third-floor office space. There will also be 24 apartments. Construction is scheduled to begin during the third quarter. Area demographics include a population of 138,945 within five miles earning $70,182 as the average household income. For more information, contact Arthur E. Williamson, NAI Atlantic Coast Realty; 732-736-1300 Ext. 303, Fax 732-736-1018; Email: awilliamson@nai-atlantic.com; Web site: www.nai-atlantic.com.
Royal Properties, Inc. is preleasing a site on Route 59 in Airmont, NY. There are spaces available of 1,500 sq.ft. to 12,000 sq.ft. Asking rent is $35 psf. Area retailers include Wal*Mart, ShopRite, Blockbuster Video, Dunkin’ Donuts, Walgreens, Applebee’s, Starbucks, Hollywood Video, Subway and Outback Steakhouse. For more information, contact David Landes or Jeff Kintzer, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Email: david@royalpropertiesinc.com and jeff@royalpropertiesinc.com; Web site: www.royalproperties.com.
Capstone Enterprises Group, LLC is preleasing The Riverwalk, a 130,000 sq.ft. retail project located within Port Imperial, a mixed-use development in New York, NY. Tenants include P.F. Chang’s and Arthur’s Landing, as well as Ben & Jerry’s, Wachovia Bank and a high-end wine market, all scheduled to open by the end of the year. For more information, contact Edward Schuck, Capstone Enterprises Group, LLC; 201-845-6740; Email: edshuck@capstoneenterprise.com.
Forest City Development is redeveloping the Echo Bay waterfront in New Rochelle, NY. The 26-acre mixed-use development will include a waterfront promenade connecting Hudson Park and Five Islands Park. For more information, contact Nancy McCann, Forest City Development; 216-416-3004; Email: nancymccann@forestcity.net.
The Schultz Organization is preleasing a 53,120 sq.ft. phase one development in North Brunswick, NJ. Located at the intersection of U.S. Highway 130 South and Renaissance Boulevard North, the project is situated on a land area of 19 acres. Area retail includes Ace Hardware, ShopRite, Pathmark, Office Depot, Wal*Mart, Marshalls, Burlington Coat Factory, Sam’s Club, Best Buy, Lowe’s Home Improvement, Target and Home Depot. Area demographics include a population of 204,530 within five miles earning $79,176 as the average household income. The company is also preleasing a 210,000 sq.ft. Lowe’s Home Improvement-anchored site on 33 acres in Hammonton, NJ. The property is located at the intersection of White Horse Pike and Broadway and has pad sites and office space available. Opening is slated for 2008. 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.
Liberty Harbor, a mixed-use property in Jersey City, NJ, is in the preleasing stages. The development will feature 250,000 sq.ft. of ground-floor retail space as well as 7,000 to 10,000 residences. For more information, contact Liberty Harbor, 333 Grand Street, Jersey City, NJ; 201-639-0333; Web site: www.libertyharbor.com.
NAI Mertz is preleasing a site on East Route 70 in Cherry Hill, NJ. Spaces are available from 9,744 sq.ft. to 19,488 sq.ft. Area demographics include a population of 238,953 within five miles earning $85,892 as the average household income. Opening is slated for summer 2007. For more information, contact Marc Cutler or Rick Gordon, NAI Mertz, 21 Roland Avenue, Mt. Laurel, NJ 08054; 856-234-9600, Fax 856-234-4957; Email: marc.cutler@naimertz.com and rick.gordon@naimertz.com; Web site: www.naimertz.com.
Paramount Partners, LLC is preleasing The Shops on Providence Place in Providence, RI. The two-story, 200,000 sq.ft. development has spaces of 5,000 sq.ft. and 25,000 sq.ft. available. The average daily traffic count is 280,600 vehicles. Proposed tenants include The Container Shop, Best Buy and West Elm. Area demographics include a population of 1.017 million within 15 miles earning $60,565 as the average household income. For more information, contact Susan DiGiovanni or Deborah Meyers, Paramount Partners, LLC; 781-848-1550 Ext. 13/12; Emails: sdigiovanni@paramountpartners.com and dmeyers@paramountpartners.com; Web site: www.paramountpartners.com.
Northstar Centers is preleasing a 300,000 sq.ft. Target-anchored center in Southington, CT. The property is located on Interstate 84 with an average daily traffic count of 25,000 vehicles. Area demographics include a population of 926,786 within 15 miles earning $70,970 as the average household income. Opening is scheduled for 2008. For more information, contact Northstar Centers, 532 Page Street, Stoughton, MA 02072; 781-341-0317, Fax 781-341-3068; Email: leasing@northstarcenters.com.
KLNB Retail is preleasing Shops at Silver Hill, a 34,000 sq.ft. shopping center located in District Heights, MD on Silver Hill Road. Up to 7,140 sq.ft. of space is available in two buildings with the opening scheduled for the second quarter. Tenants include Wachovia and Mattress Discounters. Area retailers include Aldi, Advance Auto Parts, CVS, Save-A-Lot, Target, Giant, JCPenney and Big Lots. Area demographics include a population of 405,522 within five miles earning $51,151 as the average household income. The average daily traffic count is 40,775 vehicles. For more information, contact Phil Ruxton or Matt Skalet, KLNB Retail, 8027 Leesburg Pike, Suite 300, Vienna, VA 22182; 571-382-2077/2051, Fax 703-288-2999; Emails: pruxton@klnb.com and mskalet@klnb.com; Web site: www.klnb.com.
LMS Commercial Real Estate is preleasing Bloomfield Village, a 55,900 sq.ft. center located in Lititz, PA at the intersection of Route 501 and Bloomfield Drive. Divisible spaces of 18,100 sq.ft. and 19,800 sq.ft. are available. The average daily traffic count is 22,386 vehicles. Area demographics include a population of 98,233 within five miles earning $69,751 as the average household income. Opening is scheduled for summer 2007. The company is also preleasing Keystone Arms, a mixed-use project located in Carlisle, PA at the intersection of Harrisburg Pike and Post Road. There are five commercial lots available as well as 27,600 sq.ft. of retail space. Construction is slated to commence this spring. 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.
Rappaport Retail Brokerage is preleasing 1000 Connecticut Avenue, a building with first-floor retail space located at the intersection of Connecticut Avenue and K Street in Washington, DC. Available spaces range from 1,056 sq.ft. to 6,174 sq.ft. Area retail includes Brooks Brothers, Burberry, Godiva, Filene’s Basement, Victoria’s Secret, Gap, Talbot’s and Ann Taylor. Opening is slated for 2009. For more information, contact Bill Dickinson or Melissa Webb, Rappaport Retail Brokerage, 8405 Greensboro Drive, Suite 830, McLean, VA 22102-5121; 703-310-6983/571-382-1227; Email: bdickinson@rappaportco.com and mwebb@rappaportco.com.
LaneTerra, LLC, a subsidiary of Lane Industries, Inc., is developing The Park at San Tan in Chandler, AZ, a 16-acre mixed-use project of retail and office space. The company is also developing Tavachi, a 68-acre mixed-use development in Basalt, CO with residential and retail components. For more information, contact Bill Keating, LaneTerra, LLC; 847-291-5706; Email: bkeating@laneind.com.
Preferred Properties is developing The Shoppes at Greene Flat, an 800,000 sq.ft. strip center in Coxsackie/New Baltimore, NY. The center is situated on a land area of 24 acres and groundbreaking is slated for April. Area demographics include a population of 32,203 within 10 miles. For more information, contact Giancarlo Lanzano, Preferred Properties, 506 South 9th Avenue, Mt. Vernon, NY 10550; 914-490-7487; Email: glanzano@yahoo.com; Web site: www.shopgreeneny.com.
Hines|Archstone-Smith is developing a mixed-use site on a 10-acre former convention center site in Washington, DC. The project will include 280,000 sq.ft. of retail space, 686 residential units and 415,000 sq.ft. of office space. For more information, contact Dawn C. Marcus, Hines, 555 13th Street, NW, Suite 1020 East, Washington, DC, 20004; 202-347-6337; Email: hines-smith@hines.com; For information about retail opportunities, contact Williams Jackson Ewing, 2002 Clipper Park Road, Suite 201, Baltimore, MD 21211; 410-752-6007; Web site: www.wjeinc.com. Or Lewis Real Estate Services, 718 7th Street, NW, Suite 300, Washington, DC 20001; 202-585-1143; Email: freddie@lewisreservices.com.
Dickinson Development Corp. is developing Dover Landing, a 33-acre mixed-use development in Dover, NH. The project will include 40,200 sq.ft. of retail space, a 3.5-acre public waterfront park, up to 184 residential units, a riverside restaurant and a boat landing/dock. For more information, contact Mark Dickinson, Ed Shaw or Taryn Warren, Dickinson Development Corp.; 617-770-1955.
David Cronheim Co. Commercial Realtors is developing Flemington Outlet Center, a 16,000 sq.ft. site in Flemington, NJ. The development will consist of four freestanding buildings of 2,184 sq.ft.; 3,800 sq.ft.; 4,436 sq.ft. and 5,545 sq.ft. that can accommodate tenants from 900 sq.ft. and up. Area retailers include Anne Klein, Lancome, Nautica, Polo Ralph Lauren, Brooks Brothers, Tommy Hilfiger, Michael Kors and J.Crew. Opening is scheduled for this spring. For more information, contact Kacy Salas, David Cronheim Co. Commercial Realtors; 973-635-2180 Ext. 2224.
Kahn Development is preleasing Towne Place at Greenbrier located in Chesapeake, VA. Area retailers include Kohl’s, Wal*Mart, Sam’s Club, Michaels, OfficeMax, Best Buy, Old Navy, Bed Bath & Beyond, PetSmart, Stein Mart, Harris Teeter, Barnes & Noble, Sears, JCPenney, Hecht’s and Dillard’s. Area demographics include a population of 408,474 within seven miles earning $63,346 as the average household income. The company is also preleasing The Village at Blenheim in Virginia Beach/Chesapeake, VA. Area retailers include Sears, JCPenney, Dillard’s, Hecht’s, Michaels, OfficeMax, Best Buy, Old Navy, Bed Bath & Beyond, PetSmart, Target, Pier 1 Imports, Stein Mart, Harris Teeter, Barnes & Noble, Kohl’s, Wal*Mart, Garden Ridge and Sam’s Club. Area demographics include a population of 778,409 within 10 miles earning $60,353 as the average household income. For more information, contact Kahn Development; 803-744-0000; Email: leasing@kahndevelopment.com.
Fameco Real Estate is preleasing Valley Square, a 140-acre development in Warrington, PA that will include 320,000 sq.ft. of lifestyle retail. Tenants include Wegmans, Staples, Michaels, Sports Authority and Circuit City. Proposed retailers include J. Jill, Borders, Chipotle, Panera Bread, P.F. Chang’s, Starbucks, White House/Black Market, LensCrafters, DSW Shoe Warehouse, Olly, Jos. A. Bank, New York & Company, Victoria’s Secret, Chico’s, Ann Taylor Loft, Kildare’s, Aveda, Sunglass Hut, Ted’s Montana Grill, Francesca’s Collections, EMS, Blue Tulip and Bath & Body Works. The project will also include 110,000 sq.ft. of office space and 200 luxury condominiums. Area demographics include a population of 556,063 within 10 miles earning $89,113 as the average household income. Opening is slated for this year. For more information, contact Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462, 610-834-8000, Fax 610-834-1793. |