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New Construction Capital Retail Group and LeDroit Park Development are preleasing an 8,000 sq.ft. convenience retail center located at the intersection of Florida Avenue and Second Street in Washington, DC. The center is part of the 438,000 sq.ft. headquarters of the U.S. Bureau of Alcohol, Tobacco and Firearms and is being developed by General Services Administration. Opening is slated for fall. Nearby draws include the New York Avenue Metro station. The average daily traffic count is 46,000 vehicles. For more information, contact Robert Tack, Capital Retail Group; 202-319-2884. Empire Commercial Real Estate is developing phase two of Sierra Crossroads, a 150,000 sq.ft. center located at the intersection of Sierra Avenue and Jurupa Avenue in Fontana, CA. Phase two is slated to open next year and will feature Walgreens and Bank of America. Phase one includes tenants such as Stater Bros., Wells Fargo and Starbucks. For more information, contact Empire Commercial Real Estate, 3536 Concours, Suite 300, Ontario, CA 91764; 909-987-7788, Fax 909-481-1290. Vision Real Estate is preleasing Rutherford Crossing, located at the intersection of North Rutherford Boulevard and New Lascassas Highway in Murfreesboro, TN. Phase one of the site is anchored by Kroger and phase two will include an expansion for the grocery store. Opening is slated for this summer. Nearby draws include Middle Tennessee State University. Area demographics include a population of 82,401 within five miles earning $57,119 as the average household income. The average daily traffic count is 13,090 vehicles. For more information, contact Kay O. Berry, Vision Real
Estate, 5544 Franklin Road, Suite 200, Nashville, TN 37220; 615-467-3788 Ext.
12, Fax 615-467-3789; Centurion Partners, LLC is preleasing Graystone Crossing, a 25,000 sq.ft. retail center located on Highway 160 in Tega Cay, SC across from a Wal*Mart Supercenter. A 1.5-acre outparcel is available at the site, which has an average daily traffic count of 24,200 vehicles. Area demographics include a population of 58,150 within five miles earning $70,314 as the average household income. For more information, contact Philip Corriher, Centurion
Partners, LLC; 704-865-2120 Ext. 7; Halvorsen Real Estate is preleasing The Shoppes at North Cape, a 68,711 sq.ft. strip center situated on a land area of 14.75 acres at the intersection of Del Prado Boulevard and Kismet Parkway in Cape Coral, FL. Publix anchors the center, which is slated to open during the fall. Cotenants include Beef O’Brady’s, Subway, Neff Studio Salon, Sunset Tanning, HiTech Dry Cleaners and Hair Cuttery. Tenants occupying outparcels include McDonald’s, Colonial Bank, Fifth Third Bank, AmSouth Bank and Dunkin’ Donuts. Area demographics include a population of 300,316 within 10 miles earning $55,389 as the average household income. For more information, contact Penny Ritenbaugh, Halvorsen
Real Estate, 33 Southeast 4th Street, Suite 100, Boca Raton, FL
33432; Dahlem Realty Co., Inc. is preleasing Corydon Center, a 38,800 sq.ft. strip center located in Corydon, IN at the intersection of Old Highway 135, Highway 337 and Highway 135. Spaces of 1,200 sq.ft. to 1,996 sq.ft. are available, as well as a one-acre outlot. Anchors include Tractor Supply Co., Walgreens and PNC Bank, with Da Vita cotenanting the site. Opening is slated for July. Area retail includes Wal*Mart, J C Plus Food Store, Wendy’s, Cracker Barrel, O’Charley’s, McDonald’s, Verizon Wireless, Blockbuster Video, Jackson Hewitt, H&R Block, CVS, Hallmark, Dollar Tree, Hibbett Sports, Sears, Maurices, Radio Shack and Friedman’s. Asking rent is $16 psf plus CAM of $1.20 psf, taxes of $0.80 psf and insurance of $0.20 psf. For more information, contact Charles J. Dahlem, Dahlem
Realty Co., Inc., 6200 Dutchmans Lane, Suite 207, Louisville, KY 40205;
502-479-0200, Fax 502-479-0215; Great American Capital is preleasing Centennial Village, a 220,000 sq.ft. strip center situated on 20 acres at the intersection of Centennial Parkway and Losee Road in Las Vegas, NV. Spaces of 16,600 sq.ft.; 23,000 sq.ft. and 30,000 sq.ft. are available at the center, which is slated to open during June with CVS anchoring the site. Area demographics include a population of 767,931 within 10 miles earning $57,034 as the average household income. Area retail includes Smith’s and a proposed Wal*Mart. Nearby draws include University of Nevada, Las Vegas. For more information, contact Hillary Stoltz, Great American
Capital, 8350 West Sahara Avenue, Suite 210, Las Vegas, NV 89117; 702-253-5751,
Fax 702-255-2968; The Athena Group, LLC and BLDG Management Co., Inc. is developing a 1.2 million sq.ft. mixed-use project on First Street in Jersey City, NJ. The 52-story development will feature retail space, condominiums, a hotel, artists’ lofts and a gallery. For more information, contact The Athena Group, LLC, 712 Fifth Avenue, New York, NY 10019 or BLDG Management Co., Inc., 417 Fifth Avenue, New York, NY 10016. Allardt Enterprises, LLC is preleasing a 1,500 sq.ft. space on Ross Clark Circle in Dothan, AL for $20 psf. The 6,590 sq.ft. building is tenanted by Tuffy Auto Service Centers, occupying 5,090 sq.ft. Construction is slated to be complete during August. Area retail includes Big Lots, Burger King, Subway, Walgreens, Winn-Dixie, Papa John’s, Wells Fargo, Wal*Mart, Home Depot, Sam’s Club, Longhorn Steakhouse and Tuesday Morning. Area demographics include a population of 62,811 within five miles earning $39,773 as the average household income. For more information, contact Brian Allardt or Alicia
Muratori, Allardt Enterprises, LLC, 211 South Walnut Street, Muncie, IN 47305;
765-288-8493 Ext. 206/211, Fax 765-288-8496; Reinauer Real Estate is preleasing a 7,800 sq.ft. regional strip center situated on a land area of 35,000 sq.ft. at the intersection of West Prien Lake Road and Creole Street in Lake Charles, LA. Spaces of 1,000 sq.ft. to 7,800 sq.ft. are available, with an opening slated for this fall. Verizon will anchor the center. Area demographics include a population of 149,436 within 10 miles earning $50,675 as the average household income. The average daily traffic count is 17,733 vehicles. Asking rent is $25 psf plus taxes of $3.50 psf. The site is located at the entrance of Prien Lake Regional Mall, which is anchored by Dillard’s, Macy’s, Sears, JCPenney and Cinemark. For more information, contact Essa Commercial Real Estate is developing up to 40,000 sq.ft. of retail and office space at New Garden @ Brassfield, located on New Garden Road in Greensboro, NC. For more information, contact Carl Essa, Essa Commercial Real
Estate, 445 Dolley Madison Road, Suite 400, Greensboro, NC 27410; 336-297-1000,
Fax 339-297-1039; Faison is preleasing Brandywine Crossing, a 725,000 sq.ft. regional power center located at the intersection of U.S. Route 31, MD Route 5, Chadds Ford Drive and Matapeake Drive in Brandywine, MD. Phase one of the project is slated to open during fall 2008, with phase two opening during spring 2009. Costco, Target and Safeway will anchor the center. Demographics include a population of 119,059 within seven miles earning $74,225 as the average household income. The company is also preleasing Clemson Corner, a 370,000 sq.ft. regional community center situated on a land area of 38 acres in Frederick, MD. Located at the intersection of U.S. Route 15, MD Route 26 and MD Route 355, the site is anchored by Wegman’s using 135,000 sq.ft. and Lowe’s Home Improvement in 175,000 sq.ft. Wachovia Bank also tenants the center. Opening is slated for fall 2008. The site has an average daily traffic count of 70,000 vehicles. Demographics include a population of 127,713 within seven miles earning $64,921 as the average household income. The company is also preleasing Settlers Ridge, a 580,000 sq.ft. regional lifestyle center situated on 77 acres at the intersection of Parkway West and Ridge Road/Campbells Run Road in Pittsburgh, PA. The center is anchored by Cinemark, Barnes & Noble, REI, a 40,000 sq.ft. health club, 120,000 sq.ft. of apparel and specialty stores in addition to 65,000 sq.ft. of lifestyle restaurants. Opening is slated for 2008. Demographics include a population of 758,348 within a 20-minute drive earning $57,144 as the average household income. Area retail includes Mall at Robinson and Ikea. For more information regarding Clemson Corner, contact Sue A.
Fulton, Faison, 7920 Norfolk Avenue, Suite 800, Bethesda, MD 20814;
240-497-0525, Fax 301-986-1123; For more
information regarding Settlers Ridge, contact Drew Gorman or Cathy Hess;
240-497-0523/0521; Or
Lewis Hilton, CBL & Associates Properties, Inc.; 423-855-0001;
For more information regarding Brandywine Crossing, contact Jaime Ambrosio; 240-497-0526, Fax 301-986-1123. Fameco Real Estate is preleasing Upland Square in Pottstown, PA. Proposed anchors include Target, Petco, L.A. Fitness, Giant and Staples with proposed tenants including Olive Garden and Panera Bread. For more information, contact Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793. Sperry Van Ness is preleasing a 50,000 sq.ft. expansion of Idlewild Market, a 123,395 sq.ft. development anchored by Lowe’s Foods and cotenanted by Eckerd and Wachovia in Stallings, NC. An outparcel is available. Demographics include a population of 92,597 earning $60,000 as the average household income. Daily traffic counts average 54,000 vehicles. The company is also preleasing New Hope Crossing, a 51,729 sq.ft. center located at the intersection of New Hope Road and Beaty Road in Gastonia, NC. The center is anchored by Food Lion and spaces from 1,200 sq.ft. are available, as well as three outparcels from 0.8 acres to 1.3 acres. Demographics include a population of 81,341 within a five-mile radius earning an average household income of $46,717. The average daily vehicle count is 14,000. The company is also preleasing Reedy Creek Commons, a 50,000 sq.ft. shopping center located at the intersection of Rocky River Road and Hood Road in Charlotte, NC. Lowe’s Foods will anchor the site and spaces from 1,200 sq.ft. are available, as well as four outparcels of 1.2 acres to 1.85 acres. Demographics include a population of 146,264 within a five-mile radius earning an average household income of $47,069. The average daily traffic count totals 12,000 vehicles. Area retail includes CVS, Winn-Dixie and Baucom’s Nursery. The company is preleasing the Shops at Wesley Chapel, a 125,000 sq.ft. center anchored by Lowe’s Foods. The development is located at the intersection of NC Highway 84 and Waxhaw-Indian Trail Roads in Wesley Chapel, NC. Spaces from 1,200 sq.ft., for a total of 38,900 sq.ft., are available. Demographics include a population of 45,844 within a five-mile radius earning an average household income of $71,631, and daily traffic counts averaging 12,000 vehicles. The company is preleasing Forestbrook Village, a 67,728 sq.ft. center located at the intersection of SC Highway 501 and Forestbrook Road in Myrtle Beach, SC. The site will be anchored by a Food Lion and offers 27,800 sq.ft. of retail space, with spaces starting at 1,200 sq.ft. and four outparcels of 0.68 acres to 2.03 acres are also available. Demographics include a population of 72,252 earning an average household income of $36,152. The site has an average daily traffic count of 66,000 vehicles. For more information on Forestbrook Village, contact Scott
McNew, Sperry Van Ness/Tradd Commercial; 843-278-2344. For more information on
the remaining developments, contact Carolyn T. Kellogg, Sperry Van Ness;
704-759-3800 Ext. 16; Geo. H. Rucker Realty Corp. is preleasing Shoppes at Rocky Run Crossing, a 235,000 sq.ft. center situated on a land area of 40 acres at the intersection of Route 630 and Austin Ridge Drive in Stafford, VA. Spaces of 1,000 sq.ft. to 30,000 sq.ft. are available, as well as seven to eight pad sites. Opening is slated for 2008 or 2009. Demographics include a population of 60,382 within five miles earning $76,680 as the median household income. The average daily traffic count is 15,000 vehicles. Asking rent is $23 psf to $25 psf with CAM of $2.50 psf and taxes of $1 psf. The company is also preleasing Shoppes at Crofton Commerce Center, a 56,000 sq.ft. strip center situated on 10 acres at the intersection of Route 3 and Conway Road in Crofton, MD. Spaces of 2,000 sq.ft. to 20,000 sq.ft. are available, as well as a 5,000 sq.ft. outlot. Opening is slated for this year. Tenants include Mattress Discounters and Nail Trix. Demographics include a population of 98,000 within five miles earning $85,901 as the average household income. The average daily traffic count is 70,000 vehicles. Asking rent is $25 psf plus CAM of $2.50 psf and taxes of $1.25 psf. For more information regarding Shoppes at Rocky Run Crossing,
contact Tom Light, Geo. H. Rucker Realty Corp., 2911 Hunter Mill Road, Suite
300, Oakton, VA 22124; 703-890-1090, Fax 703-890-1082; For more information regarding Shoppes at Crofton
Commerce Center, contact Chuck Mason; 703-890-1090; The Commonwealth Co. is preleasing phase two of Norton Commons, a strip center located at the intersection of Hawthorn Drive and U.S. Route 23 in Norton, VA. Spaces of 1,200 sq.ft. to 20,000 sq.ft. are available, as well as outlots of 58,806 sq.ft. to 62,290 sq.ft. Opening is slated for the third quarter of this year. Wal*Mart Supercenter and Goody’s Family Clothing anchor the site with cotenants including Hibbett Sporting Goods, Maurice’s, Hallmark, Radio Shack and Shoe Show. Demographics include a population of 18,406 within seven miles earning $44,703 as the average household income. The average daily traffic count is 26,250 vehicles. Asking rent is $11 psf to $19 psf plus CAM of $1.63 psf. For more information, contact Richard Whipple, The
Commonwealth Co., 500 Henley Street, Suite 200, Knoxville, TN 37902;
865-522-7785, Fax 865-522-1415; A.T. Pancrazi Real Estate Services, Inc. is preleasing Las Palmillas Shopping Center, located in Yuma, AZ. The center has shop space available from 900 sq.ft. to 9,600 sq.ft., as well as a 14,863 sq.ft. inline junior box space, a 22,056 sq.ft. endcap and pad sites that can accommodate a 4,000 sq.ft. to 6,000 sq.ft. building. Tenants include Circuit City, Bed Bath & Beyond, Shoe Pavilion and Party City. Area retail includes JCPenney, Sam’s Club, Dillard’s, Linens ‘N Things, PetSmart, Harkins Theatres, Best Buy, Ross Dress for Less, Marshalls, Kohl’s, Sports Authority, Ann Taylor Loft, Target, Olive Garden, Chili’s, Famous Dave’s and Logan’s Roadhouse. Demographics include a population of 148,725 within 10 miles earning $51,995 as the average household income. The average daily traffic count is 66,501 vehicles. For more information, contact Felisa Taylor and Tom Pancrazi,
A.T. Pancrazi Real Estate Services, Inc., 350 West 16th Street, Suite
332, Yuma, AZ 85364; 928-782-0000; LGR Realty is preleasing Shoppes at Yarmouth, located on SR 204 in Pickerling, OH. Spaces of 1,400 sq.ft. and up are available. Asking rents start at $20 psf with availability slated for the second quarter of 2008. The company is also preleasing Shoppes at Hunter’s Run V, located on SR 204 in Pickerling, OH. The center has spaces available from 1,600 sq.ft. to 30,000 sq.ft. Asking rent starts at $20 psf with availability slated for the second quarter of 2008. The company is also preleasing Shoppes at Wyandotte, located on East Main Street in Whitehall, OH. Spaces of 1,300 sq.ft. to 10,000 sq.ft. are available with rents starting at $15 psf. Availability is slated for the first quarter of 2008. In addition, LGR Realty is preleasing Walnut Creek, located at the intersection of Hamilton Road and SR 33 in Groveport, OH. The 35-acre retail development will open during the first quarter of 2008. For more information, contact Steve Shkolnik or Jeff Ungar,
LGR Realty; 614-237-0781 Ext. 177/141; Nassimi Realty is redeveloping and renovating three million sq.ft. of space in eight states, including: the 25,000 sq.ft. expansion, including a pad site, of Festival Centre, located in Oakland Park, FL; renovation of the 55,000 sq.ft. East Meadow Commons, a 55,000 sq.ft. center located in East Meadow, NY; the 50,000 sq.ft. addition to Cedarbrook Plaza, a 600,000 sq.ft. power center located in Wyncote, PA; the development of a 300,000 sq.ft. big box shopping center in Ewing, NJ; the renovation of two shopping centers in Indianapolis, IN totaling 213,000 sq.ft. with space for anchors and junior anchors; an upgrade of the 150,000 sq.ft. First Diamond Plaza in Evansville, IN; the renovation of Northland Plaza, a 200,000 sq.ft. shopping center in Columbus, OH; the renovation of Hamilton Plaza, a 207,000 sq.ft. shopping center in Hamilton, OH that will include the addition of pad sites and the de-malling of Canton Centre, a 450,000 sq.ft. center in Canton, OH that will have an additional 10,000 sq.ft. pad site. For more information, contact Nassimi Realty, 7 Penn Plaza,
Suite 1700, New York, NY 10001; 212-643-8080, Fax 212-643-2626; The Shopping Center Group, LLC is leasing a former Builders Square, the 107,000 sq.ft. redevelopment project located at the intersection of U.S. Highway 1 and Southwest 211th Street in Miami, FL. K&G and Home Ko will anchor the center. Spaces of 15,000 sq.ft. to 35,000 sq.ft. are available. Opening is slated for next month. Area retail includes Target, Home Depot and Southland Mall. Demographics include a population of 337,367 within a seven-mile radius earning an average household income of $64,153. The average daily traffic count is 52,500 vehicles. The company is also developing the Shoppes of Homestead, a 111,500 sq.ft. shopping center with two outparcels located at the intersection of Campbell Drive and U.S. Highway 1 in Homestead, FL. Groundbreaking is scheduled for the end of 2007. Space is available. Area demographics include a population of 83,385 earning an average household income of $37,954. The average daily traffic count is 32,500 vehicles. For more information, contact Sharon Dresser, The Shopping
Center Group, 5201 Blue Lagoon Drive, Miami, FL 33126; 305-262-8877, Fax
305-262-7180; Petrovich Development Co. is preleasing Woodland Gateway, a power center located at the intersection of Interstate 5 and County Road 102 in Woodland, CA. The 550,000 sq.ft. center is anchored by Target and Costco. An additional 19 units, with spaces from 1,000 sq.ft. to 28,000 sq.ft., are available and openings are scheduled to begin this fall. Demographics include a population of 132,000 in the primary trade area earning an average household income of $68,000. The company is developing a 100,000 sq.ft. shopping center at the intersection of Highway 49 and Highway 104 in Sutter Creek, CA. The center sits on a land area of 11.2 acres and will have anchor, pad and store sites ranging from 6,000 sq.ft. to 52,000 sq.ft. Area retail includes Lowe’s Home Improvement, Safeway, Albertsons, Kmart and Wal*Mart. Demographics include a population of 28,000 within a 10-mile radius earning an average household income of $68,000. For more information, contact April Parish, Petrovich
Development Co., 5046 Sunrise Boulevard, Suite 1, Fair Oaks, CA 95628;
916-966-4600 Ext. 216; Cedar Run Ltd., Inc. is developing the final
phases of Heartland Crossing, a 1,500-acre mixed-use community center
located on Highway 67 in Camby, IN. Wal*Mart Supercenter, Meijer
and Menard’s anchor the center. Cotenants include Pizza Hut,
Applebee’s, McDonald’s, White Castle, Bob Evans,
Goodwill, Heavy’s Sports Café, Movie Gallery, Asian Buffet,
Great Clips, El Camino Real Restaurant For more information, contact Cedar Run Ltd., Inc.;
317-271-8888; Winick Realty Group is preleasing 808 Columbus Avenue, a project with 156,500 sq.ft. of retail space located on Columbus Avenue between 97th Street through 100th Street in New York, NY. Whole Foods will occupy 57,500 sq.ft. at the site. The center consists of three floors and occupies three contiguous city blocks. Opening is slated for Fall 2008. For more information, contact Jeff Winick or Lori Shabtai,
Winick Realty Group; 212-792-2601; AAG Management is preleasing a 7,500 sq.ft. endcap space at a center located in Queensbury, NY which is slated to open during the first quarter of 2008. CVS anchors the center and Hannaford’s Supermarket and Lowe’s Home Improvement are adjacent to the site. For more information, contact Ed Balazs or David Grossman,
AAG Management; 212-564-7250; Cedar Shopping Centers, Inc. is preleasing Blue Mountain Commons, a 115,707 sq.ft. strip center located on Linglestown Road in Harrisburg, PA. Five 1,600 sq.ft. spaces and five 2,000 sq.ft. spaces are available, in addition to a 0.75-acre outlot. Opening is slated for the third quarter of 2008 with Giant anchoring the center. Demographics include a population of 122,000 within five miles earning $50,000 as the average household income. Asking rent is $35 psf. For more information, contact Lauren Stauffer, Cedar Shopping
Centers, Inc., 415 Egg Harbor Road, Suite 21A, Sewell, NJ 08021; Commercial Real Estate Services is preleasing Red Mill Walk, a 240,000 sq.ft. regional power center located at the intersection of Upton Drive and Sandbridge Road in Virginia Beach, VA. The site has spaces available of 1,600 sq.ft. to 5,000 sq.ft. and is slated to open during fall. Demographics include a population of 333,320 within 10 miles earning $72,263 as the average household income. The average daily traffic count is 38,000 vehicles. Area retail includes Red Mill Commons. For more information, contact Lisa Gould, Commercial Real Estate Services, 1081 19th Street, Suite 202, Virginia Beach, VA 23451; 757-496-1990, Fax 757-491-7388; Email: lisa@cros.va.com. Zaremba Group, LLC and Metropolitan Partnership, Ltd. are developing Westchester Commons, which will feature a one million sq.ft. power center, 1,800 residences and two million sq.ft. of office space at the intersection of Route 60 and Route 288 in Richmond, VA. Demographics include a population of 130,016 within seven miles earning $98,146 as the average household income. For more information, contact Zaremba Group, LLC;
800-252-3222; Eden Property Co., LLC is developing a 40,600 sq.ft. retail and office building anchored by Walgreens in Oakland, NJ; an 8.5-acre hotel, bank and restaurant site in Deptford, NJ; a 12,500 sq.ft. drug store in Bergenfield, NJ; a 14,500 sq.ft. Walgreens in Newton, NJ; a 10,000 sq.ft. Walgreens in Oradell, NJ and a 3,000 sq.ft. bank site with an 1,800 sq.ft. Starbucks in North Versailles, PA. For more information, contact Dennis Cieri, Ed Jaten or Tom
Tourso, Eden Property Co. LLC, 6 Park Avenue, Rutherford, NJ 07070;
201-804-7744, Fax 201-804-2707; Centdev Properties is planning to develop Shoppes at Innes Street, a 6,900 sq.ft. multi-tenant retail center located at the intersection of the Interstate 85 interchange and Innes Street in Salisbury, NC. FedEx Kinko’s will occupy 2,000 sq.ft. Opening is slated for late 2007. Southeast Commercial Real Estate is handling the leasing. For more information, contact Dale Tweedy, Centdev
Properties; 704-896-1535 Ext. 17; Petrie-Ross Ventures is preleasing the following centers in MD: A 50-acre project in Cambridge, with a groundbreaking slated for 2008 and with spaces of up to 300,000 sq.ft. available; Greenbelt Station, a 65-acre, one million sq.ft. mixed-use center in Greenbelt slated to open during 2009; Woodmore Towne Center, a 245-acre, 800,000 sq.ft. mixed-use development slated to open in Landover during 2008. For more information, contact Petrie-Ross Ventures, 170
Jennifer Road, Suite 300, Annapolis, MD 21401; 410-573-3800, Fax 410-573-3801;
Robert K. Futterman & Associates is preleasing The Cosmopolitan, a mixed-use development located at the intersection of Las Vegas Boulevard and Harmon Avenue in Las Vegas, NV that will feature 300,000 sq.ft. of retail housing 45 shops and 12 restaurants. In addition, the project will consist of 3,000 hotel and condominium-hotel rooms, a 75,000 sq.ft. casino, a 150,000 sq.ft. exhibition, meeting and ballroom space and the 100,000 sq.ft. Cosmo Beach Club. The site has 1,500 sq. ft. of frontage on Las Vegas Boulevard. Opening is slated for 2009. For more information, contact Robert K. Futterman &
Associates; 888-830-8165; Carolina Holdings, Inc. with Merrifield Partners, Inc. is preleasing Crescent Place, a mixed-use development in Greenville, SC that will include a 150,000 sq.ft. specialty center featuring restaurants, specialty retailers and a hotel. The 26-acre site is located in the Fluor-Daniel corporate headquarters park, which contains 832,000 sq.ft. of offices. The company is also preleasing Richmond Centre, in a joint venture with Crosland, Inc. The center will contain 800,000 sq.ft. of retail, including department stores, book stores, a stadium-seating theater, lodging and casual dining restaurants. Nearby draws include Eastern Kentucky University and Berea College. Opening is slated for October 2008. Demographics include a trade-area population of 216,000. The company is also preleasing: Shelbyville Station, a 28-acre development that will include 225,000 sq.ft. of retail and restaurants in Shelbyville, KY; The Village at Pelham, part of a 130-acre mixed-use project in Greer, SC and Crossroads Plaza, an 80,000 sq.ft. grocery-anchored center in Spartanburg, SC. For more information regarding Crescent Place, contact Ron Johnson or Bill Misiaveg, Carolina Holdings, Inc.; 800-763-8088; For more information regarding Richmond Centre, contact Charles Thrift; 704-561-5222. For more information regarding Shelbyville Station, The Village at Pelham and Crossroads Plaza, contact Carolina Holdings, Inc.; 800-763-8088. D6 Developments, LLC is preleasing Jackson Square Shopping Center, a 33,000 sq.ft. strip center situated on four acres on North County Lane Road in Jackson, NJ. Two 1,720 sq.ft. spaces are available as well as spaces of 2,112 sq.ft.; 2,594 sq.ft. and 4,582 sq.ft. Opening is slated for this month with The Learning Experience anchoring the center. Cotenants include Re/Max, Quiznos, Jackson Tae Kwan Do Academy and Jackson Square Dry Cleaners. Demographics include a population of 316,979 within 10 miles earning $73,951 as the average household income. The company is also preleasing Rahway Town Center, a 175,000 sq.ft. downtown mixed-use development situated on 10 acres at the intersection of East Milton Avenue and Main Street in Rahway, NJ. Spaces of 1,500 sq.ft. to 20,000 sq.ft. are available. Opening is slated for the fourth quarter of 2008. Demographics include a population of 1.578 million within 10 miles earning $80,812 as the average household income. For more information, contact Jon Mills, D6 Developments, 42
Okner Parkway, Livingston, NJ 07039; 973-422-0145, Fax 201-701-0405; Stoltz Management Corp. is planning a 20,000 sq.ft. expansion of The Shops at Coventry, located in North Conventry, PA. Nearby retail includes Coventry Mall. The center is anchored by SuperFresh, CVS, Jo-Ann Fabrics and Panda Heaven. For more information, contact Stoltz Management Corp., 725
Conshohocken State Road, Bala Cynwyd, PA 19004; 610-667-5800, Fax 610-664-1976;
Fidelity Properties, LLC is preleasing a 1.72-acre build-to-suit site located in Union, NJ on Morris Avenue. The company is seeking banks, food retailers, restaurants, automotive, apparel and other freestanding tenants. The company is also preleasing a 3.29-acre build-to-suit site located on Route 1 in Monmouth Junction, NJ. The company is seeking drug stores, banks, food retailers, apparel, restaurant or other freestanding retailers to tenant the site. For more information, contact Fidelity Properties, LLC, 641
Shunpike Road, Chatham, NJ 07928; 973-966-2800, Fax 973-966-6161; GVA Williams is preleasing Fordham Place, a 14-story, 285,000 sq.ft. retail and commercial building being developed by Acadia Realty Trust and located at the intersection of East Fordham Road and Webster Avenue in Bronx, NY. The project will feature 125,859 sq.ft. of retail on three floors and 159,085 sq.ft. of office space. Located at a former Sears building, Sears will occupy a basement space and Walgreens will also tenant the site. Nearby draws include Fordham University, Metro North Fordham Train Station and MTA Fordham Road Bus Terminal, Bronx Zoo and the Botanical Gardens. For more information, contact Harry F. Blair, Alexander P.
Jinishian or Greg Wang, GVA Williams, 380 Madison Avenue, 3rd Floor,
New York, NY 10017; 212-716-3741/3557/3852, Fax 212-716-3566; Or Paul Monaco, Acadia Realty Trust; 914-288-8135. ARC Properties, Inc., in a joint venture with Develcom, is developing a 123,397 sq.ft. Giant Food-anchored project on York Road in Willow Grove, PA. For more information, contact ARC Properties, Inc., 1401
Broad Street, Clifton, NJ 07013; 973-249-1000, Fax 973-240-1001; Vita & Vita Realty Corp. is preleasing phase two of County Plaza, a 51,793 sq.ft. mixed-use project located at the intersection of U.S. Route 10 and Dover-Chester Road in Randolph, NJ. Spaces of 1,500 sq.ft. to 10,000 sq.ft. are available, as well as a 3,680 sq.ft. outlot. Opening is slated for spring. CVS anchors the center and is currently open. Demographics include a population of 115,000 within five miles earning $111,000 as the average household income. The average daily traffic count is 40,000 vehicles. Nearby draws include Morris County College. Phase three is slated for a fall groundbreaking, followed by a phase four bank outparcel development. The company is also developing Lincoln Park Center, a freestanding site situated on 1.03 acres at the intersection of Route 202 and Route 511 in Lincoln Park, NJ. Opening is slated for 2008. Demographics include a population of 138,000 within five miles earning $111,000 as the average household income. Area retail includes Cost Cutters, Drug Fair, McDonald’s and CVS. For more information, contact Tony Vita, Vita & Vita Realty
Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; The RIMCO Cos., LLC is preleasing Wilmette Village Center, a 16,500 sq.ft. downtown center located at the intersection of Wilmette Avenue and Green Bay Road in Wilmette, IL. Spaces of 1,500 sq.ft. to 16,500 sq.ft. are available. Opening is slated for summer 2008. Demographics include a population within three miles earning $165,000 as the average household income. The average daily traffic count is 35,000 vehicles. Area retail includes Edens Plaza. For more information, contact Mitchell Miller, The RIMCO Cos., LLC, 5 Revere Drive, Suite 200, Northbrook, IL 60062; 847-275-1500, Fax 847-205-5330. GBT Realty Corp. is preleasing The Crossings of Decatur, a 263,094 sq.ft. regional power center located at the intersection of Beltline Highway and U.S. 31 in Decatur, AL. Demographics include a population of 65,943 within seven miles earning $56,048 as the average household income. The average daily traffic count is 32,400 vehicles. Opening is slated for October with Target anchoring the site. Cotenants include Old Navy, PetSmart and Ross Dress for Less and area retail includes Kmart and Kroger. For more information, contact GBT Realty Corp., 201 Summit View Drive, Suite 110, Brentwood, TN 37027; 615-370-0670 or 800-509-1177. Regency Centers is developing Golden Hills Plaza, a 291,612 sq.ft. center situated on a land area of 25.95 acres at the intersection of Highway 46 and Golden Hills Road in Paso Robles, CA. Lowe’s Home Improvement anchors the center with plans to add Circuit City, PetSmart and Bed Bath & Beyond. The company is preleasing Lorton Station Town Center, a 94,977 sq.ft. mixed-use project located on Lorton Station Boulevard in Lorton, VA. Street front spaces of 1,201 sq.ft. to 2,743 sq.ft. are available. There is also a 36,000 sq.ft. office building on site. Opening is slated for November with Fireside Grill, Wachovia, Re/Max and Pane E Vino anchoring the site. Cotenants include Chen’s China Bistro, Daily Grind, Subway, Curves and Vocelli’s Pizza. Demographics include a population of 174,137 within five miles earning $102,944 as the average household income. The average daily traffic count is 205,000 vehicles. The company is also preleasing Culpeper Colonnade, a 313,323 sq.ft. power center located at the intersection of Montanus Drive and 15/29 Business in Culpeper County, VA. Available spaces range from 1,200 sq.ft. to 5,241 sq.ft., in addition to three pad sites, one with a drive-thru. Opening is slated for this summer, with Target, PetSmart and Staples anchoring the center. Cotenants include China Inn, Hair Cuttery, Glory Days Grill, Chevy Chase Bank and Chick-fil-A. Demographics include a population of 42,662 within 10 miles earning $65,329 as the average household income. The average daily traffic count is 20,000 vehicles. For more information regarding Golden Hills Plaza, contact
Paul Loubet, Regency Centers; 949-726-6035; For more information regarding Lorton Station
Town Center, contact Jessica Hurst, Regency Center, 8618 Westwood Center Drive,
Suite 400, Vienna, VA 22182; 703-442-4300; Tri-Land Properties, Inc. is redeveloping five shopping centers in the Kansas City, MO area, including Cherokee South Plaza in Overland Park, KS; Ten Quivira Shopping Center in Shawnee, KS; Devonshire Village in Olathe, KS; Brywood Shopping Center in Raytown, MO and Blue Springs Market in Blue Springs, MO. The five centers have a total GLA of 610,000 sq.ft. For more information, contact Heather Johnson, Tri-Land
Properties, Inc.; 708-531-8210; Retail Development Advisors is preleasing The Orchard – Stone Creek, a four-phase, 47-acre, 460,000 sq.ft. development located at the intersection of Interstate 215 and Clinton Keith Road in Murrieta, CA. Anchors include Target, Marshalls, Dixieline Lumber & Home Centers, Walgreens and Bank of America. Cotenants will include an electronics retailer, a pet supply store and restaurants. Demographics include a population of 160,198 within five miles earning $73,317 as the median household income. For more information, contact Allan L. Davis, Retail Development Advisors; 714-282-1798, Fax 714-282-1632. Essa Commercial Real Estate is developing a 40,000 sq.ft. mixed-use project with retail and office components at New Garden @ Brassfield on New Garden Road in Greensboro, NC. Spaces from 1,450 sq.ft. are available. Demographics include a population of 124,000 in a five-mile radius earning an average household income of $76,942. The average daily traffic count is 36,000 vehicles. For more information, contact JJ Joubran, Essa Commercial
Real Estate, 445 Dolley Madison Road, Suite 400, Greensboro, NC 27410;
336-297-1000, Fax 336-297-1039; Pinnacle Properties, LLC is preleasing Legacy Village, a 350,000 sq.ft. mixed-use retail, office, residential and medical center at the intersection of Lowe’s Boulevard and Fairview Road in Mooresville, NC. Shop and anchor spaces are available, with delivery expected during 2008. Demographics include a population of 126,270 within a 10-mile radius earning an average household income of $82,529. Area attractions are the Lake Norman Regional Medical Center, Lowe’s Corporate Headquarters and a planned transit stop. The company is also preleasing Rocky River Promenade, a 100,000 sq.ft. shopping center anchored by Food Lion located at the intersection of Rocky River Road and Shearers Road in Mooresville, NC. Retail space and two outparcels are available. Demographics include a population of 43,676 in a five-mile radius with an average household income of $67,327. For more information, contact Laura Hughston, Pinnacle
Properties, LLC, 610 East Morehead Street, Charlotte, NC 28202; 704-377-5016;
For additional information on Legacy
Village, contact Darrell Palasciano; 704-377-6136; Email: darrell@pinnacle-properties.net.
For additional information on Rocky River Promenade, contact Warren Dumford;
704-660-6756; Email: warren@pinnacle-properties.net;
Barclay Group is developing the following centers throughout AZ: Tucson Spectrum, a one million sq.ft. project located at the intersection of Interstate 19 and Irvington Road in Tucson to be built in two phases; Surprise Spectrum, a 950,000 sq.ft. development located at the intersection of 163rd Avenue and Grand Avenue in Surprise; Laveen Spectrum, a 477,000 sq.ft. center located at the intersection of 59th Avenue and Baseline Road in Laveen; Pecan Promenade, a 350,000 sq.ft. center located at the intersection of 99th Avenue and Lower Buckeye Road in Phoenix; Buckeye Spectrum, an 830,000 sq.ft., 140-acre mixed-use project located at the intersection of Southern Avenue and Oglesby Road in Buckeye and Pima Promenade, a 408,000 sq.ft. center located at the intersection of Pima Road and Via de Ventura in Scottsdale. For more information, contact Barclay Group; 480-596-9399,
Fax 480-596-6366; Wolfson Verrichia Group, Inc. is preleasing Main Street at Granite Run, a lifestyle center located at the intersection of Route 1 and Route 452 in Delaware County, PA. The project features retail, residential, office and hotel components. The site has an average daily traffic count of 65,000 vehicles. Demographics include a trade-area population of 716,870 earning $90,635 as the average household income. Opening is slated for fall 2011. The company is also preleasing two adjacent shopping centers located at the intersection of Route 322, Kings Way and the New Jersey Turnpike Exit 2 Interchange in Woolwich, NJ. Main Street at Woolwich is an 870,000 sq.ft. lifestyle center and Woolwich Commons is a 740,000 sq.ft. power center. Demographics include a trade-area population of 276,747 earning $78,401 as the average household income. The average daily traffic count is 52,000 vehicles. Opening is slated for spring 2010. In addition, the company is preleasing Oak Tree Plaza, a 250,000 sq.ft. center located at the intersection of Fire Road and Black Horse Pike in Egg Harbor, NJ. The center has 110,000 sq.ft. available, as well as three outparcels. Anchors include Wal*Mart, Staples and a supermarket. Opening is slated for summer 2009. The company is also preleasing Aramingo Crossings, a 329,408 sq.ft. center located at the intersection of Aramingo Avenue and Butler Street in Philadelphia, PA. There is 120,000 sq.ft. of space available, as well as three outparcels, with an opening slated for fall 2008. Lowe’s Home Improvement anchors the center. Wolfson Verrichia Group is also preleasing Drumore Crossings, a 385,000 sq.ft. center located at the intersection of Route 372 and Route 272 in Drumore, PA. There is 90,000 sq.ft. available, as well as five outparcels. Anchors include a supermarket, department store and home improvement store. Opening is slated for fall 2010. The company is also preleasing Limerick Commons, a 150,000 sq.ft. shopping center located at the intersection of Ridge Pike and Township Line Road in Limerick, PA. A home improvement store will anchor the center, which is slated to open during fall 2009. In addition, the company is preleasing Maiden Creek Crossings, a 458,000 sq.ft. center located at the intersection of Route 222 and Schaeffer Road in Kutztown, PA. There is 90,000 sq.ft. available, as well as five outparcels. Anchors will include a supermarket, department store and home improvement store with an opening slated for fall 2009. The company is also redeveloping MacDade Mall, a 275,000 sq.ft. center located at the intersection of MacDade Boulevard and Glenside Avenue in Holmes, PA. Acme Markets and Kmart anchor the center, which is slated to open during spring 2009. The company is also preleasing Oxford Commons, a 400,000 sq.ft. center located at the intersection of Route 1 and Route 10 in Lower Oxford, PA. There is 60,000 sq.ft. available, as well as four outparcels. Lowe’s Home Improvement and Wal*Mart Supercenter anchor the center, which is slated to open next fall. 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. Royal Properties, Inc. is preleasing 66 Main in Yonkers, NY that will feature up to 25,000 sq.ft. of retail that can be subdivided. In addition, the company is preleasing Metro 92, also located in Yonkers. The site features 2,900 sq.ft. to 7,000 sq.ft. of retail. Nearby draws to both sites include Yonkers Metro North Train Station, Board of Education, Station Plaza and the public library. Demographics include a population of 194,000 within three miles. Area retail includes Citibank, ShopRite, Chase Manhattan Bank, Xaviers on the Hudson and Zuppa Restaurant. For more information, contact Royal Properties, Inc.;
914-237-3403; Chase Properties, Ltd. is preleasing a 170,000
sq.ft. center located at the intersection of Western Boulevard/S.R. 1470 and
Henderson Drive in Jacksonville, NC. The site will feature four 1.5-acre outlots.
Area retail includes Target, Wal*Mart Supercenter, Sam’s Club,
Home Depot and Lowe’s Home Improvement. Demographics include a
trade-area population of 72,000. The company is also developing a 107,450 sq.ft.
center in Anderson, SC at the intersection of Interstate 85 and U.S. Highway
178/Liberty Highway. The strip center will feature a 90,000 sq.ft. anchor
position, one 12,450 sq.ft. junior anchor, one 5,000 sq.ft. space and two 600
sq.ft. outparcels. Area retail includes Bed Bath & Beyond, Old Navy,
Pier 1 Imports, Ross Dress for Less, Hobby Lobby, HH
Gregg, Publix, Kmart, Best Buy, Wal*Mart Supercenter
and Sam’s Club. Demographics include a population of 58,611 earning an average
household income of $59,861. The company is also developing a 140,000 sq.ft.
shopping center on Whiskey Road in Aiken, SC. Spaces of 6,500 sq.ft. to 70,000
sq.ft. and four outparcels are available. Area retail includes Target, Hobby
Lobby, Lowe’s Home Improvement, Goody’s, PetSmart and For more information, contact Matt Wilson, Chase Properties,
Ltd., 25825 Science Park Drive, Suite 355, Beachwood, OH 44122; 216-464-6626;
For additional
information concerning outlots, contact Debi Becksted; Lee & Associates is preleasing Antelope Square, an 84,000 sq.ft. shopping center located at the intersection of Corner Scott Road and Antelope Road in Murrieta, CA. Anchor, junior anchor and shop spaces are available, as well as pad sites. Proposed tenants include Walgreens. The center is adjacent to Albertsons, Carl’s Jr., Del Taco, Subway, Blockbuster Video, It’s A Grind and 7-Eleven. Demographics include a population of 82,550 within five miles earning $67,661 as the average household income. The average daily traffic count is 31,300 vehicles. Nearby draws include Mt. San Jacinto College. For more information, contact Brian Bielatowicz, Ted
Rivenbark and Andrew McClean, Lee & Associates, 25240 Hancock Avenue, Suite 100,
Murrieta, CA 92562; 951-445-4515/4512/4521, Fax 951-445-4527; Schlip & Co. Realtors is preleasing Butler Plaza, an 85,000 sq.ft. strip center situated on a land area of 16 acres at the intersection of Route 390 and Route 80 in Drums, PA. Two outlots of 5,000 sq.ft. and 10,000 sq.ft. are available. Groundbreaking is slated for April 2008. Demographics include a population of 85,000 within 10 miles earning $55,000 as the average household income. The average daily traffic count is 15,000 vehicles. Asking rent is $13 psf. For more information, contact John Schlip, Schlip & Co.
Realtors, 385 Route 24, Suite 3-O, Chester, NJ 07930-0565; Martin Development is preleasing Taylor Street Plaza, which will sit on six acres at the intersection of Taylor Street and Mason Street in Green Bay, WI. Spaces from 1,500 sq.ft. to 3,000 sq.ft. are available. Opening is slated for August. Area retail includes Home Depot and Wal*Mart. Demographics include a population of 58,233 in a five-mile radius earning an average household income of $61,946. Average daily traffic counts total 65,000 vehicles. For more information, contact Kris Hernandez, Martin Development, 2021 South Webster Avenue, Green Bay, WI 54301; 920-437-3333, Fax 920-884-3733. Divaris Real Estate, Inc. is preleasing Indian Lakes Crossing, a center located at the intersection of Ferrell Parkway and Indian River Road in Virginia Beach, VA. There is 12,056 sq.ft. of small shop space available with an asking rent of $25 psf NNN. Harris Teeter anchors the site, which has an average daily traffic count of 66,543 vehicles. Demographics include a population of 284,016 within five miles earning $51,568 as the average household income. Opening is slated for the fourth quarter of this year. The company is also preleasing The Marquis, a one million sq.ft. regional power center situated on 180 acres at the intersection of Interstate 64 and SR 99 in Williamsburg, VA. Spaces of 1,200 sq.ft. to 200,000 sq.ft. are available, as well as outlots of 3,500 sq.ft. to 5,000 sq.ft. Opening is slated for the first quarter of 2008 with Best Buy, JCPenney and Dick’s Sporting Goods anchoring the center. Demographics include a population of 137,651 within 10 miles earning $63,862 as the average household income. The average daily traffic count is 51,750 vehicles. Nearby draws include Bush Gardens Williamsburg, Water Country USA and Colonial Williamsburg. For more information regarding Indian Lakes Crossing, contact
Jay Burnell, Divaris Real Estate, Inc., One Columbus Center, Suite 700, Virginia
Beach, VA 23462; 757-497-2113, Fax 757-497-1338; Email: jburnell@divaris.com;
Web site: www.divaris.com. For more information regarding The Marquis, contact
Gerald Divaris for box retail, Levi Thomson or Jay Burnell for restaurants or
Brett Abba Realty Assoc. is preleasing Nostrand Avenue, a 100,000 sq.ft. urban mixed-use project situated on a land area of 18,000 sq.ft. at the intersection of Montgomery Street and Sullivan Plaza in Brooklyn, NY. The site has 17,500 sq.ft. available with a groundbreaking slated for June. Asking rent is $50 psf. For more information, contact Sheina Levin, Abba Realty
Assoc., 1348 Union Street, Brooklyn, NY 11213; 718-773-7130, Fax 718-773-8281;
Sandor Development Co. is preleasing phase two of Wal*Mart Supercenter Plaza, a 35,397 sq.ft. strip center located at the intersection of U.S. Highway 27 and East South Street in Bryan, OH. Spaces of 1,200 sq.ft. to 5,340 sq.ft. are available with an opening slated for summer. Wal*Mart Supercenter shadow-anchors the center, with cotenants including Rent-A-Center, Check Into Cash, First Choice Hair, Movie Gallery, Radio Shack and Allied Cash Advance. Demographics include a population of 29,457 within 10 miles earning $52,731 as the average household income. The average daily traffic count is 5,530 vehicles. Area retail includes AutoZone, McDonald’s, Monro Muffler and Southtown Center, anchored by Kmart and Fashion Bug, and Chief Supermarket. For more information, contact Brooke Straka, Sandor
Development Co., 2220 North Meridian Street, Indianapolis, IN 46208;
317-925-9011, Fax 317-927-0723; Dillon Realty Enterprises, Ltd. is preleasing 2510
Tropicana Auto Center, a 10,000 sq.ft. center located on East Tropicana
Avenue in Las Vegas, NV. Situated on a land area of 0.75 acres, the center will
have spaces available of 2,500 sq.ft. to 10,000 sq.ft. that will be occupied by
auto service tenants. The site is adjacent to a pad site occupied by
Starbucks and Quiznos. Opening is slated for December. Demographics
include a population of 418,137 within five miles earning $51,670 as the average
household income. For more information, contact Neil Dillon, Dillon Realty
Enterprises, Ltd., 5777 West Century Boulevard, Suite 1660, Los Angeles, CA
90045; 310-641-5711 Ext. 14, Fax 310-641-5751; McClinton & Co. is preleasing High Point Town Center located in Prattville, AL. Bass Pro Shops will anchor the center. Located at the intersection of Cobbs Ford Road and Rocky Mount Road, Bass Pro is slated to open during August. Upon full build-out, the project will encompass one million sq.ft. of retail with anchors including Belk and JCPenney. Phase two is slated to open during spring or fall of 2008, with another department store and additional shops planned for 2009. The company is also preleasing Chantilly Station in Montgomery, AL anchored by a 203,819 sq.ft. Wal*Mart Supercenter and a 120,000 sq.ft. Lowe’s Home Improvement. An additional 20,000 sq.ft. of retail and restaurant outparcels are planned. Opening is slated for fall. Demographics include a population of 52,485 within five miles earning $99,000 as the average household income. In addition, the company is also preleasing Hillcrest Center, located in Millbrook, AL and anchored by Wal*Mart. Cotenants include Dollar Tree, Shoe Dept., Cato Fashions, Premiere Tan, America’s Mattress, Cuts By Us, N-Touch Communications and Zaxby’s. Demographics include a population of 35,234 within five miles earning $68,247 as the average household income. Opening is slated for late spring. For more information regarding High Point Town Center,
contact David McClinton, McClinton & Co., Inc., 2777 Zelda Road, Montgomery, AL
36106; 334-270-9653; For more information regarding Chantilly Station and Hillcrest Center, contact Matthew Coblentz; 334-270-9653, Fax 334-270-9811. Metropolitan Commercial Real Estate Services is preleasing Blackhawk Ranch Marketplace, a 582,091 sq.ft. power center situated on 55 acres at the intersection of South Wilmot Road and Interstate 10 in Tucson, AZ. Spaces of 10,000 sq.ft. to 133,000 sq.ft., as well as outparcels from 3,200 sq.ft. to 6,180 sq.ft., are available. Opening is slated for October. Demographics include a population of 65,310 within five miles earning $51,000 as the average household income. The average daily traffic count is 56,200 vehicles. For more information, contact Leslie Allen, Metropolitan
Commercial Real Estate Services, 4500 Steiner Ranch Boulevard, Studio 2211,
Austin, TX 78732; 512-344-9502, Fax 512-857-9077; WRS, Inc. is preleasing Shoppes at Garner,
a 246,000 sq.ft. strip center located at the intersection of Highway 401 and
Parsar Drive in Garner, NC. Spaces of 1,400 sq.ft. to 7,000 sq.ft. are
available, as well as outlots. Opening is slated for July 2008 with Wal*Mart
anchoring the center. Demographics include a population of 217,902 within seven
miles earning $63,007 as the average household income. The average daily traffic
count is 34,000 vehicles. Area retail includes Belk, Staples and
Lowe’s Home Improvement. The company is also preleasing Shoppes at
Goldsboro, a 225,109 sq.ft. strip center located at the intersection of
Highway 70 and Highway 581 in Goldsboro, NC. Spaces of 1,400 sq.ft. to 5,000
sq.ft. are available. The center is slated to open during September and will be
anchored by Wal*Mart, with 41,000 sq.ft. of retail shops also planned.
Demographics include a population of 48,859 within seven miles earning $46,473
as the average household income. The average daily traffic count is 27,000
vehicles. Area retail includes Food Lion. The company is also preleasing
Glenn View Station, a 206,296 sq.ft. strip center located at the
intersection of Interstate 85 Exit 180 and Glenn School Road in Durham, NC.
Spaces of 1,400 sq.ft. to 10,000 sq.ft. are available. Opening is slated for
July 2008, with Wal*Mart Supercenter anchoring the center. Demographics
include a population of 99,460 within five miles earning $48,508 as the average
household income. The average daily traffic count is 40,000 vehicles. In
addition, WRS is preleasing phase two of the Hudson Bridge Crossing, a
287,419 sq.ft. strip center located at the intersection of Hudson Bridge Road
and Interstate 75 in Atlanta, GA. Spaces of 1,600 sq.ft. to 7,000 sq.ft. are
available with Wal*Mart Supercenter anchoring the center. Opening is slated for
June 2008, with cotenants including Dollar Tree, DOTS, Shoe
Dept., Massage Envy, Expressions Women’s Apparel, Cingular,
PostNet, Supercuts, Sally Beauty Supply, GameStop,
Batteries Plus, American Deli and The Party Store.
Demographics include a population of 80,527 within five miles earning $65,096 as
the average household income. The average daily traffic count is 126,102
vehicles. The company is also preleasing Shoppes at Holly Springs, a
220,000 sq.ft. strip center located at the intersection of NC Highway 55 Bypass
and Ralph Stephens Road in Holly Springs, NC. Spaces of 1,200 sq.ft. to 5,000
sq.ft. are available. Opening is slated for September with Wal*Mart Supercenter
anchoring the center. Demographics include a population of 20,352 within three
miles earning $76,547 as the average household income. The average daily traffic
count is 16,000 vehicles. In addition, the company is preleasing Shoppes at
White Knoll, a 244,000 sq.ft. strip center located at the intersection of
Highway 6 and Platt Springs Road in Lexington, SC. Spaces of 1,400 sq.ft. to
4,000 sq.ft. are available with an opening slated for September. Wal*Mart
Supercenter anchors the center. Demographics include a population of 71,786
within seven miles earning $60,564 as the average household income. Area retail
includes Lowe’s Home Improvement. WRS is also preleasing Shoppes at Sanford,
a 264,000 sq.ft. strip center located at the intersection of South Horner
Boulevard and Wilson Road in Sanford, NC. Spaces of 1,400 sq.ft. to 5,000 sq.ft.
are available. Opening is slated for September with Wal*Mart Supercenter
anchoring the center. Demographics include a population of 59,278 within 10
miles earning $52,306 as the average household income. The average daily traffic
count is 26,000 vehicles. Area retail includes Lowe’s Home Improvement. The
company is also preleasing Shoppes on Richland, a 249,000 sq.ft. strip
center located at the intersection of Richland Avenue and University Parkway in
Aiken, SC. Spaces of 2,500 sq.ft.; 2,800 sq.ft. and 3,000 sq.ft. are available.
Opening is slated for September. Wal*Mart Supercenter anchors the center.
Demographics include a population of 45,917 within For more information regarding Shoppes at Garner and Shoppes at Goldsboro, contact Erbie Blackwell, WRS, Inc., 2361 South Centennial Avenue, Aiken, SC 29803; 803-649-1411, Fax 803-502-2219. For more information regarding Glenn View Station, contact Erbie Blackwell or Lee Walker; 803-502-2219. For more information regarding Hudson Bridge Crossing, contact Steve Sartorio or Lee Walker; 803-649-1411. For more information regarding Shoppes at Holly Springs, contact Steve Sartorio or Gary Anthony; 803-649-1411. For more information regarding Shoppes at White Knoll, Shoppes at Sanford and Shoppes on Richland, contact Gary Anthony or Jason Smallwood; 803-502-2264. Landmark Development, Inc. is preleasing West Hills Marketplace, a 185,000 sq.ft. specialty center situated on 24.4 acres at the intersection of Business Route 20 and Beaver Valley Road in Belvidere, IL. Spaces of 2,000 sq.ft. to 25,000 sq.ft. are available, as well as three outlots of 58,249 sq.ft.; 58,648 sq.ft. and 65,858 sq.ft. Demographics include a population of 38,272 within five miles earning $55,479 as the average household income. The average daily traffic count is 12,200 vehicles. Asking rent is $18 psf NNN plus CAM of $1.50 psf and taxes of $3 psf. For more information, contact Stephanie Jones, Landmark
Development, Inc., 6735 Vistagreen Way, Rockford, IL 61107; Kay Realty Holdings is developing Toms River Town Center, a 92,000 sq.ft. strip center situated on a land area of 10 acres at the intersection of Route 37 and Hooper Avenue in Toms River, NJ. Spaces of 1,500 sq.ft. to 12,000 sq.ft. are available, as well as outlots of 4,800 sq.ft. and 5,000 sq.ft. Opening is slated for the first quarter of 2008. The average daily traffic count is 50,000 vehicles. Anchors include Kmart and West Marine with cotenants including Toms River Fitness. Demographics include a population of 145,404 within five miles earning $76,337 as the average household income. Asking rent is $22 psf plus CAM of $3 psf and taxes of $2.50 psf. For more information, contact William Klein, Kay Realty
Holdings, 1602 Lawrence Avenue, Suite 104, Ocean, NJ 07712; 732-918-1148, Fax
732-918-1628; Mackenzie Commercial is preleasing Belair Beltway Village, a 10,800 sq.ft. shopping center located on Belair Road near the Interstate 695 interchange in Baltimore, MD. Spaces of 1,200 sq.ft. to 6,600 sq.ft. are available with delivery scheduled for Summer 2007. Area retail includes Kmart, BJ’s and Wal*Mart. Demographics include a population of 311,807 in a five-mile radius earning an average household income of $59,365. Average daily traffic counts total 48,175 vehicles. For more information, contact Douglas Hicks or George Collins, Mackenzie Commercial, 2328 West Joppa Road, Suite 200, Lutherville, MD 21093; 410-494-4895 (Douglas) or 410-494-6645 (George). Tulepan Management, LLC is preleasing Coral Square Shoppes, a 165,000 sq.ft. shopping center located on U.S. Highway 1 South in Ft. Pierce, FL. The site has an average daily traffic count of 48,000 vehicles. Demographics include a population of 179,928 within 10 miles earning $49,156 as the average household income. Area retail includes Wal*Mart, Home Depot, Publix, Staples, Bealls, Big Lots, Dollar General, Nova Cinemas, Winn-Dixie, Blockbuster Video, McDonald’s and Dunkin’ Donuts. For more information, contact Randy M. Tulepan, Tulepan Management, LLC, 11555 Heron Boulevard, Suite 200, Coral Springs, FL 33076; 954-603-0455. The Swiss Group is preleasing a 12,500 sq.ft. freestanding site situated on 1.81 acres at the intersection of Kimmel Road and Hart Street in Vincennes, IN. Spaces of 1,200 sq.ft. to 12,500 sq.ft. are available. Opening is slated for summer. Demographics include a population of 28,763 within 10 miles earning $39,977 as the average household income. The average daily traffic count is 16,060 vehicles. Area retailers include Wal*Mart Supercenter, Goody’s, Kmart, OfficeMax, Hibbett Sporting Goods, Cingular, CitiFinancial, LA Weight Loss and Starbucks. Asking rent is $19 psf to $23 psf. The company is also preleasing Nine On Main, an 8,503 sq.ft. downtown center located at the intersection of Mina Street and Pine Street in Zionsville, IN. Spaces of 1,000 sq.ft. to 8,503 sq.ft. are available. The site will feature nine upscale condominiums located above retail space. Opening is slated for summer 2008. Demographics include a population of 118,768 within 10 miles earning $79,965 as the average household income. Asking rent is $20 psf to $24 psf. The company is also preleasing Shelby Street Shoppes, a 12,000 sq.ft. strip center located at the intersection of Shelby Street and Stop 11 Road in Indianapolis, IN. Spaces of 1,200 sq.ft. to 12,000 sq.ft. are available. Opening is slated for fall. Demographics include a population of 134,148 within five miles earning $49,912 as the average household income. The average daily traffic count is 56,000 vehicles. Area retail includes Circuit City, Hobby Lobby, Michaels, Burlington Coat Factory, Wal*Mart Supercenter and Flower Factory. Asking rent is $24 psf to $28 psf. In addition, the company is preleasing Park East Shoppes, a 14,000 sq.ft. strip center located at the intersection of Park East Boulevard and SR 26 East in Lafayette, IN. Spaces of 1,200 sq.ft. to 7,000 sq.ft. are available in two buildings slated to open this fall. Demographics include a population of 96,173 within five miles earning $46,642 as the average household income. The average daily traffic count is 12,000 vehicles. Area retail includes Wal*Mart Supercenter, Hallmark, Fashion Bug and Dollar Tree. Asking rent is $18 psf to $22 psf. The Swiss Group is also preleasing Wabash Commons, a 55,000 sq.ft. strip center situated on 10 acres at the intersection of Sagamore Parkway and Nighthawk Drive in West Lafayette, IN. Opening is slated for summer. Demographics include a population of 154,579 within five miles earning $56,966 as the average household income. The average daily traffic count is 30,000 vehicles. Area retail includes Wal*Mart Supercenter, Menard’s, Kroger, Marsh, CVS, Osco, Walgreens, Starbucks, Talbot’s, Jos. A. Bank, Chico’s and Tuesday Morning. Asking rent is $15 psf to $17 psf. The company is also preleasing Fisher Place, a 21,000 sq.ft. strip center situated on three acres at the intersection of East 116th Street and Allisonville Road in Fishers, IN. Spaces of 1,200 sq.ft. to 8,000 sq.ft. are available, as well as four one-acre outlots. Opening is slated for fall. Demographics include a population of 124,644 within five miles earning $88,226 as the average household income. The average daily traffic count is 30,000 vehicles. Area retail includes Kroger, Marsh, CVS, Starbucks, Sherwin Williams and Sears Hardware. Asking rent is $18 psf to $22 psf. The company is also preleasing Franklin Corners, a 16,300 sq.ft. strip center situated on 10 acres at the intersection of Arlington Avenue and Thompson Road in Indianapolis, IN. Spaces of 1,200 sq.ft. to 7,200 sq.ft., as well as four outlots from 0.5 acres to one acre, are available. Phase one will consist of 16,200 sq.ft. and four outlots, while phase two will comprise 40,000 sq.ft. Opening is slated for spring. Anchors include CVS and Dollar General. Demographics include a population of 134,148 within five miles earning $49,912 as the average household income. The average daily traffic count is 12,677 vehicles. Area retail includes Kroger, Marsh, Wal*Mart Supercenter, Kmart, Lowe’s Home Improvement, CVS, Family Video, Sears Hardware and Dollar Tree. Asking rent is $15 psf to $17 psf. In addition, The Swiss Group is preleasing Southway Boulevard Shoppes, a 5,000 sq.ft. strip center situated on 0.86 acres at the intersection of U.S. Highway 31 and Southway Boulevard in Kokomo, IN. Spaces of 1,200 sq.ft. to 4,200 sq.ft. are available. Opening is slated for summer. Demographics include a population of 65,142 within 10 miles earning $50,981 as the average household income. The average daily traffic count is 43,330 vehicles. Area retail includes Lowe’s Home Improvement, Marsh, Walgreens, Ruby Tuesday, Steak N Shake, Markland Mall, Kokomo Mall, Best Buy, Target, Marshalls and Kohl’s. Market rent is $18 psf to $26 psf. The company is also preleasing Winding Way Shoppes, a 12,000 sq.ft. strip center situated on eight acres at the intersection of East 38th Street and German Church Road in Indianapolis, IN. Spaces of 1,200 sq.ft. to 12,000 sq.ft. are available. Opening is slated for spring 2008. CVS will anchor the site. Demographics include a population of 122,940 within five miles earning $51,622 as the average household income. The average daily traffic count is 22,719 vehicles. Area retail includes Wal*Mart Supercenter, Kohl’s, Kroger, Walgreens, Fashion Bug, Wal*Mart Neighborhood Market and Washington Square Mall. Asking rent is $16 psf to $18 psf. For more information, contact Frank E. Swiss, The Swiss
Group, 3985 West 106th Street, Suite 110, Carmel, IN 46032;
317-816-9270, Fax 317-816-9271; Southern Management & Development, LP is preleasing University Commons, a 73,413 sq.ft. center located in Orlando, FL across from the University of Central Florida campus. Spaces of 1,440 sq.ft. to 14,400 sq.ft. are available. Opening is slated for fall 2008. Nebraska Bookstore anchors the center. Demographics include a population of 88,958 within three miles earning $39,788 as the average household income. Area retail includes Publix. Asking rent is $25 psf plus CAM of $2 psf and taxes of $4 psf. For more information, contact Flynt H. Griffin, Southern
Management & Development, LP, 925 South Federal Highway, Suite 425, Boca Raton,
FL 33432; 561-948-7125, Fax 561-948-7120; Lincoln Harris is preleasing phase two of the Patterson Place, a mixed-use retail, office and hospitality development located at the intersection of Highway 15-501 and Interstate 40 in Durham, NC. Retail space of 35,000 sq.ft. is available. Phase one is anchored by Home Depot, Kohl’s, and Kroger and includes Bed Bath & Beyond, DSW and A.C. Moore as cotenants. Additionally, phase two will include Bonefish Grill and LongHorn Steakhouse restaurants, Springhill Suites by Marriott and 62,000 sq.ft. of office space. Groundbreaking will take place in Spring 2007. For more information, contact Walker Hobson, Lincoln Harris, 3000 RDU Center Drive, Morrisville, NC 27560; 919-645-6967, Fax 919-840-0240. BridgeStar Development Co., Inc. is preleasing an 11-acre site on U.S. Highway 341 in Hazlehurst, GA. The site has five acres available for a junior anchor and two outlots of one acre. Wal*Mart Supercenter is adjacent to the center, with potential cotenants including Cato, Hibbett Sporting Goods, Domino’s, Dollar Tree and Radio Shack. Demographics include a population of 15,200 within 10 miles earning $38,338 as the average household income. The average daily traffic count is 14,500 vehicles. Asking rent is $14 psf plus CAM of $1.35 psf and taxes of $0.65 psf. 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; Kimco Realty Corp. is preleasing Lake Prairie Towne Crossing, a 586,849 sq.ft. strip center situated on 71.59 acres at the intersection of Highway 360 extension and Camp Wisdom in Grand Prairie, TX. There is 66,298 sq.ft. available at the center, which is slated to open during spring or summer. Anchors include Target, Home Depot and Marshalls with cotenants including Ross Dress for Less, 24 Hour Fitness, Dollar Tree, Petco, On the Border, Chick-fil-A, Chili’s, Chase Bank, IHOP and Whataburger. Demographics include a population of 379,047 within seven miles earning $69,918 as the median household income. CAM is $1.75 psf plus taxes of $2 psf. The company is also preleasing Treasure Valley Crossing, a 230,820 sq.ft. power center located at the intersection of Interstate 84 and Karcher Road, in Nampa, ID. Situated on a land area of 35 acres, the center has spaces available from 1,000 sq.ft. to 100,000 sq.ft. Opening is slated for summer 2008 with Sportsman Warehouse anchoring the center. In addition, the company is preleasing Treasure Valley Marketplace, a 691,000 sq.ft. power center located at the same site on a land area of 74 acres. Spaces of 1,000 sq.ft. to 100,000 sq.ft. are available. Opening is slated for this spring with Target, Kohl’s, Best Buy, Bed Bath & Beyond and Costco anchoring the center. Cotenants include Old Navy, Michaels, Petco, Cost Plus and OfficeMax. Demographics include a population of 171,666 within 10 miles earning $49,315 as the median household income. The average daily traffic count is 60,000. Area retail includes ShopKo, Lowe’s Home Improvement, Home Depot, Winco Foods and Macy’s. CAM is $1.75 psf plus taxes of $2 psf. The company is also preleasing Preston Lebanon Crossing, a 586,849 sq.ft. strip center situated on 71.59 acres in Frisco, TX. Space of 23,795 sq.ft. is available, as well as seven outlots. Opening is slated for spring 2008 with Hobby Lobby/Mardel, Sprouts and Hemisphere Furniture anchoring the center. Cotenants include Taco Cabana, Independent Bank, Arby’s, Jiffy Lube and Care Now. Demographics include a population of 314,892 within seven miles earning $113,924 as the median household income. CAM is $2 psf. In addition, the company is preleasing Harmon Towne Crossing, a 312,440 sq.ft. power center located at the intersection of SH 287, Harmon Road and North Tarrant Parkway in Fort Worth, TX. The center sits on a land area of 39.03 acres and has 67,450 sq.ft. of small shop space available, as well as 70,000 sq.ft. of junior anchor space and outlots of 36,590 sq.ft.; 41,818 sq.ft. and 77,972 sq.ft. Opening is slated for July 2009 with SuperTarget anchoring the center. Demographics include a population of 432,072 within 10 miles earning $59,899 as the average household income. Area retail includes Alliance Center. Asking rent is $25 psf. The company is also preleasing Plantation Crossing, a 313,626 sq.ft. power center situated on 46.25 acres at the intersection of Blanding Boulevard and Branan Field Road in Middleburg, FL. Available spaces include 40,000 sq.ft. of small shop, 45,000 sq.ft. of junior anchor and three pad sites of 0.75 acres, 1.01 acres and 1.41 acres. Home Depot anchors the center and is currently open. The remainder of the center is slated to open during the third quarter of this year up through the third quarter of 2008. Cotenants include Quiznos, Hair Cuttery, Dollar Tree, Blockbuster Video and BankAtlantic. Demographics include a population of 98,344 within seven miles earning $59,379 as the median household income. Area retail includes Wal*Mart. In addition, Kimco is preleasing Miramar Town Center, a 175,000 sq.ft. mixed-use project situated on a land area of 40 acres in Miramar, FL. Located at the intersection of Red Road and Hiatus Road, the site has 54,000 sq.ft. available, as well as two one-acre pad sites. Opening of the center is planned in phases starting January 2008 through January 2009. 24 Hour Fitness anchors the site, with cotenants including Starbucks, Juice It Up!, La Famiglia Restaurant, All 4 Cellular and Salad Creations. Demographics include a population of 182,194 within seven miles earning $49,338 as the median household income. The company is also preleasing Pablo Creek Plaza East, a 318,701 sq.ft. center located at the intersection of Beach Boulevard and Hodges Boulevard in Jacksonville, FL. The center sits on a land area of 47.1 acres with spaces available of 3,162 sq.ft. and 4,598 sq.ft., as well as a 9,461 sq.ft. pad site. SuperTarget is open and anchors the center, with the remaining stores opening during the third quarter. Michaels and OfficeMax also anchor the center, with cotenants including Panera Bread, Boaters World, GameStop, Hair Cuttery and Arby’s. Demographics include a population of 220,175 within 10 miles earning $59,496 as the median household income. A proposed Wal*Mart and Bealls are adjacent to the center. The company is also developing Sorensen Park Plaza, a 462,146 sq.ft. power center situated on 77.95 acres at the intersection of 72nd Street and Sorensen Parkway in Omaha, NE. Spaces of up to 70,000 sq.ft. are available, as well as six to eight outlots. The center is slated to open during 2008 and will be anchored by Target, Linens ‘N Things, Marshalls, OfficeMax, PetSmart and Alliance Theatre. Cotenants include Dress Barn, Famous Footwear, rue21, Maurice’s, Sally Beauty Supply and Factory Card Outlet. Demographics include a population of 196,668 within five miles earning $44,904 as the median household income. Kimco is also preleasing Avenues Walk, a 600,000 sq.ft. mixed-use project located at the intersection of Interstate 95, Interstate 295 and Phillips Highway in Jacksonville, FL. Sitting on a land area of 160 acres, the center has spaces available of 7,000 sq.ft. to 140,000 sq.ft. The center will feature shops, restaurants, offices and a hotel. Opening is slated for spring or summer 2009. Wal*Mart anchors the center. Demographics include a population of 155,000 within 10 miles earning $61,445 as the median household income. Area retail includes Avenues Mall. Asking rent is $28 psf plus CAM of $4.50 psf and taxes of $3 psf. Kimco and Barclay Group are preleasing Marana Spectrum, a 1.277 million sq.ft. power center located at the intersection of Interstate 10 and Linda Vista Boulevard in Marana, AZ. Situated on a land area of 170.5 acres, the center has spaces available of 1,000 sq.ft. to 100,000 sq.ft. Plans for the project include three anchors of at least 100,000 sq.ft. each and a total of 100 stores. Opening is slated for 2009. Demographics include a population of 59,128 within five miles earning $65,137 as the average household income. The companies are also preleasing Surprise Spectrum, a 949,000 sq.ft. power center situated on 110 acres at the intersection of 303 and Pat Tillman Boulevard in Surprise, AZ. Opening of phase one is scheduled for 2008 and phase two will open during 2009. Demographics include a population of 240,817 within 10 miles earning $55,328 as the average household income. For more information regarding Lake Prairie Crossing,
Treasure Valley Crossing, Treasure Valley Marketplace, Preston Lebanon Crossing
and Harmon Towne Crossing, contact Michael Slusky, Kimco Developers, Inc., 1111
Burlington Avenue, Suite 113, Lisle, IL 60532; 630-322-9200, Fax 630-322-9204.
For more information regarding Plantation Crossing, Miramar Town Center and
Pablo Creek Plaza East, contact Stuart Oseroff; 630-322-9200. For more
information regarding Sorensen Park Plaza, contact Deborah Iaboni, Iaboni Real
Estate; 847-998-8535, Fax 847-998-8606; For more information regarding Avenues Walk, contact Ron
Riemer; 630-322-9200; For more information regarding Marana Spectrum or Surprise
Spectrum, contact Michael Slusky. Or Jim Gardner, Barclay Group, 7702 East
Doubletree Ranch Road, |