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Electronics Retailers Expanding Nationwide
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Electronics Stores Expand Nationwide Alltel operates 825 locations throughout IA, KY, MI, MN, MO, ND, OH, TN, VA and WI. The stores, offering cellular phones and related products, occupy spaces of 1,600 sq.ft. in strip centers. Growth opportunities are sought throughout GA, MI, NC, OH, SC, VA and WI during the coming 18 months. Typical leases run three to five years. A vanilla shell and specific improvements are required. Tenant improvement allowance is also required. Preferred demographics include a population of 25,000 within five miles earning $30,000 as the average household income. AT&T, Cingular Wireless and Verizon are cited as competition. For more information regarding expansion throughout MI, OH, VA and WI, contact David Van Valkenburg, Alltel, 2000 Highland Road, Twinsburg, OH 44087; 330-963-2520, Fax 330-963-5773; Email: david.van.valkenburg@alltel.com; Web site: www.alltel.com . For more information regarding expansion throughout GA, NC and SC, contact Mitzi Hudson, Alltel, 13560 Morris Road, Alpharetta, GA 30004; 678-351-7710, Fax 678-351-7800; Email: mitzi.hudson@alltel.com.
Communications Electronics operates 10 locations throughout MD. The electronics stores occupy spaces of 1,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout MD and PA during the coming 18 months. For more information, contact Todd Calhoun, Communications Electronics, 1953 Greenspring Drive, Timonium, MD 21093; 410-252-1222. Wireless Toyz operates 180 locations nationwide. The national multi-carrier cellular phone retailer occupies spaces of 1,400 sq.ft. to 2,500 sq.ft. in freestanding locations and endcaps. Growth opportunities are sought throughout CA, MD, TX, northern VA and Washington, DC during the coming 18 months. Preferred demographics include a population of 110,000 within three miles earning $45,000 as the average household income. The stores cater to a blue-collar clientele. For more information, contact Richard Simtob, Wireless Toyz, 28470 West 13 Mile Road, Suite 300, Farmington Hills, MI 48334; 248-426-8200, Fax 248-471-9280; Email: realestate@wirelesstoyz.com; Web site: www.wirelesstoyz.com.
Midwest Wireless Communications, LLC trades as Midwest Wireless at 41 locations throughout IA, MN and WI. The electronics stores occupy spaces of 1,200 sq.ft. to 1,800 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years. A vanilla shell is required. US Cellular, Sprint and Western Wireless are cited as competition. For more information, contact Irene LePage, Midwest Wireless Communications, LLC, 2000 Technology Drive, Mankato, MN 56002; 507-385-2476, Fax 507-385-2208; Web site: www.midwestwireless.com. PC Richard and Son trades as PC Richard at 49 locations throughout NJ and NY. The stores, offering appliances, electronics and computers, occupy spaces of 35,000 sq.ft. to 45,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout NJ and NY during the coming 18 months. The company prefers to acquire sites. For more information, contact Tom Pohmer and John Pflug, PC Richard and Son, 150 Price Parkway, Farmingdale, NY 11735; 631-843-4300, Fax 631-843-4309. Alpha Communications, Inc. trades as Alpha Communications at 34 locations throughout AZ, FL, IL and WI. The electronics stores occupy spaces of 1,500 sq.ft. in freestanding locations, malls, outlet and strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three to five years with options. A vanilla shell is required. Preferred demographics include a population of 100,000 within five miles earning $60,000 as the average household income. The company will not consider sites within three miles of another dealer. For more information, contact William Degironemo, Alpha Communications, Inc., 1321 Tower Road, Schaumburg, IL 60173; 847-885-9920, Fax 847-885-9518; Web site: www.alphacomil.com.
Beep America operates 16 locations throughout NY. The electronics stores occupy spaces of 500 sq.ft. to 1,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the metro New York, NY market during the coming 18 months. For more information, contact Avi Zaga, Beep America, 96-14 Queens Boulevard, Rego Park, Queens, NY 11374; 718-830-0177. Moorehead Communications trades as Cellular Connections at 125 locations throughout IL, IN, MI, MO, OH and WI. The stores, offering wireless and satellite communication products and services, occupy spaces of 800 sq.ft. to 2,000 sq.ft. in freestanding locations, malls, power, strip and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run three to five years. Preferred demographics include a population of 20,000 within 10 miles earning $50,000 as the average household income. For more information, contact Eric Riddle, Moorehead Communications, PO Box 1870, Marion, IN 46952; 765-651-2001, Fax 765-651-4626; Email: eriddle@mooreheadcomm.com.
Bang & Olufsen America, Inc. trades as Bang & Olufsen at 50 locations nationwide and in Canada and Mexico. The high-end electronics stores occupy spaces of 1,500 sq.ft. in malls, specialty centers and urban/downtown areas. Plans call for five to eight openings nationwide and in Canada during the coming 18 months. For more information, contact Peter Vedel, Bang & Olufsen America, Inc., 780 West Dundee Road, Arlington Heights, IL 60004; 847-590-4970, Fax 847-255-7805.
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