New Construction
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New Construction


Main Street Property Services, Inc. is preleasing Cinema Place, a Century Theatres-anchored shopping center located at the intersection of Foothill Boulevard and B Street in Hayward, CA. Spaces from 1,058 sq.ft. to 7,662 sq.ft. are available. Tenants include Saxby’s Coffee and Tiki Grill. Area demographics include a trade-area population of 370,293 earning an average household income of $82,224. Opening is slated for fall of 2008. The company is also developing 12th & MacDonald, a mixed-use development with 21,000 sq.ft. of space available at the intersection of 11th Street, MacDonald Avenue and 13th Street in Richmond, CA. Opening is slated for spring of 2008. Area retail includes Richmond Town Center, anchored by Walgreens and Food4Less. Area demographics include a population of 214,782 within a five-mile radius earning an average household income of $73,532. The company is preleasing Lafayette Mercantile, a mixed-use development with 21,715 sq.ft. of retail space located at the intersection of Dewing Avenue, Mount Diablo Boulevard and Lafayette Circle in Lafayette, CA. Spaces of 1,508 sq.ft. to 2,595 sq.ft. are available. Cotenants include Jos. A. Bank and Lavande Spa. Area retail includes Trader Joe’s, Longs Drugs, Diablo Foods, Pet Food Express, Safeway and Albertsons. Area shopping centers include The Clock Tower Shops and La Fiesta Square. Opening is slated for this summer. Demographics include a trade-area population of 62,046 earning an average household income of $187,711.

For more information regarding Cinema Place, contact Craig Semmelmeyer or Melissa Tabique, Main Street Property Services, Inc., 895 Moraga Road, Suite 202, Lafayette, CA 94549; 925-299-8170, Fax 925-284-2331; Web site: www.mspsinc.com. For more information regarding 12th & MacDonald, contact Caryn Wegerbauer or Craig Semmelmeyer. For more information regarding Lafayette Mercantile, contact Craig Semmelmeyer.

Casto Lifestyle Properties is developing Park West Village, a joint project with 1st Carolina Properties. The 700,000 sq.ft. mixed-use development is situated on 100 acres at the intersection of Cary Parkway and NC-54/Chapel Hill Road in Cary, NC. Retail spaces and outparcels are available. Demographics include a trade-area population of 200,262 earning an average household income of $84,500. The average daily traffic count is 39,600 vehicles.

For more information, contact Casto Lifestyle Properties, 9705 Chapel Hill Road, Cary, NC 27513; 919-467-8880; Web site: www.castolp.com. Or 1st Carolina Properties, 523 Keisler Drive, Suite 202, Cary, NC 27511; 919-657-5005; Web site: www.1stcarolinaproperties.com.

Cannery Row Co. is preleasing Cannery Row Hotel, an 18,905 sq.ft. hotel/retail site situated on 10 acres at the intersection of Cannery Row and Prescott Avenue in Monterey, CA. Spaces of 4,273 sq.ft.; 4,587 sq.ft. and 10,095 sq.ft. are available and the project is slated to open next May. Area retail includes Bubba Gump Restaurant, Sardine Factory and Pebble Beach Co. Store, with cotenants including Starbucks, Ghirardelli Chocolate, Sly McFly’s, Fish Hopper and Lillie Mae’s. Area demographics include a population within 10 miles earning $77,452 as the average household income. Asking rent is $50 psf.

For more information, contact William Grimm, Cannery Row Co., 555 Abrego Street, Monterey, CA 93940; 831-649-2604, Fax 831-373-4812; Email: bgrimm@canneryrow.com; Web site: www.canneryrow.com.

PM Realty Group Real Estate Services is preleasing Maui Lani Shopping Center, a Safeway-anchored 136,039 sq.ft. center situated on 12 acres at the intersection of Mauna Lani Parkway and Kaahumanu Avenue in Kahului/Wailuku, HI. Spaces from 2,200 sq.ft. to 30,011 sq.ft. are available as well as two pad sites of 2,400 sq.ft. and 6,380 sq.ft. and a 438 sq.ft. fuel center. Asking rent ranges from $18 psf to $72 psf annually. The company is also preleasing the 236,713 sq.ft. phase two expansion of Lanihau Marketplace, a 325,024 sq.ft. center situated on 29 acres at the intersection of Palani Road and Queen Kaahumanu Highway in Kailua-Kona, HI. Phase one tenants include Longs Drugs and SackNSave. Area retail includes Kmart, Macy’s, Ross Dress for Less, KTA Super Stores, Hilo Hattie, Wal*Mart, Safeway, Borders and Lowe’s Home Improvement. Area demographics include a population of 31,179 within a 10-mile radius earning an average household income of $69,000. The average daily traffic count is 53,290 vehicles.

For more information, contact Wendell Brooks, III or Kyle Arsiga, PM Realty Group Real Estate Services, 201 Merchant Street, Suite 2220, Honolulu, HI 96813; 808-792-7200/7225, Fax 808-792-7201/7247; Emails: wbrooks@pmrealtygroup.com and
karsiga@pmrealtygroup.com. Or Britt Craven, 75-127 Lunapule Road, Suite 17, Kailua-Kona, HI 96740; 808-331-0993, Fax 808-331-0994.

Landmark Development, Inc. is preleasing Riverside Marketplace, a 12,000 sq.ft. strip center located at the intersection of Interstate 90 and Riverside Boulevard in Rockford, IL. Spaces of 1,200 sq.ft. up to 12,000 sq.ft. are available. Opening is slated for September. Area retail includes Farm & Fleet, Sherwin Williams, and Landmark Outlets @ Rockford, a 340,000 sq.ft. outlet center slated to open during 2008. Area demographics include a population of 370,312 within 15 miles earning $66,287 as the average household income. The average daily traffic count is 65,000 vehicles. Asking rent is $19 psf NNN plus CAM of $1.50 psf and taxes of $3 psf. The company is also preleasing Park Hills, a 200,000 sq.ft. power center located at the intersection of Interstate 90 and IL 173 in Machesney Park, IL. Outlots of one acre, 35,000 sq.ft. and 38,000 sq.ft. are available. Opening is slated for 2008. Area demographics include a population of 56,000 within five miles earning $65,767 as the average household income. The average daily traffic count is 57,250 vehicles. Area retail includes Home Depot, Target and Kohl’s. Asking rent is $16 psf NNN plus CAM of $1.50 psf and taxes of $3 psf.

For more information, contact Stephanie Jones or Shane Van Sickle,
Landmark Development, Inc., 6735 Vistagreen Way, Rockford, IL 61107; 815-639-0034, Fax 815-639-0029; Email:
stephanie@landmarkdevelopmentinc.com; Web site: www.landmarkdevelopmentinc.com.

Colliers International is preleasing phase two of Shopper’s Square, a 62,300 sq.ft. center located at the intersection of South Virginia Street and East Plumb Lane in Reno, NV. Phase one tenants include Marshalls, Shepler’s Western Wear, CVS, Ben Franklin Crafts, McDonald’s, Radio Shack and Cold Stone Creamery. Area retail includes Albertsons, Ruby River Steakhouse, Peppermill, Red Lobster, Outback, Atlantis and Raley’s. Area demographics include a population of 116,597 within a three-mile radius earning an average household income of $40,617. The average daily traffic count is 26,000 vehicles.

For more information, contact Roxanne Stevenson or Rick Casazza, Colliers International, 5345 Kietzke Lane, Suite 100, Reno, NV 89511; 775-823-4661/4666; Email: rstevenson@colliersreno.com and rcasazza@colliersreno.com.

Retail Estate, Inc. is preleasing The Fairwind Hotel, a 15,000 sq.ft. development situated on a land area of 28,900 sq.ft. at the intersection of 10th Street and Collins Avenue in South Miami Beach, FL. Retail spaces of 3,040 sq.ft. to 8,223 sq.ft. are available. Opening is slated for October 2008. Area retail includes Armani Exchange, Versace, Zara, MNG By Mango, Intermix, Nicole Miller, Betsy Johnson, Todd Oldham, Kenneth Cole, Guess, Urban Outfitters, Sephora, Hugo Boss, Via Spiga and Mac Cosmetics.

For more information, contact Sandie Witmer, Retail Estate, Inc., 2332 Galiano Street, 2nd Floor, Coral Gables, FL 33134; 305-441-2911, Fax 305-445-8195.

The Bradco Cos. is preleasing High Desert Crossings, a 192,500 sq.ft. specialty center situated on 19.06 acres at the intersection of Interstate 15 and Eucalyptus Street in Hesperia, CA. Spaces from 3,000 sq.ft. to 40,000 sq.ft. are available, with an opening slated for the third quarter of 2008. Area demographics include a population of 135,967 within five miles earning $54,543 as the average household income. The average daily traffic count is 208,000 vehicles.

For more information, contact Anthony Schlumpf, The Bradco Cos., PO Box 2710, Victorville, CA 92393; 760-951-5111 Ext. 107, Fax 760-951-5113.