|
New Construction
|
|
|
New Construction Southwest Real Estate Advisors is preleasing Summit at Chandler Heights, located on South Alma School Road in Chandler, AZ. Space of up to 7,600 sq.ft. is available and suited for restaurant use. Demographics include a population within a one-mile radius earning an average household income of $80,000. The space will be available during August. For more information, contact John O’Dea, Southwest Real Estate Advisors, Phoenix, AZ 85044; 480-621-3021; Email: jodea@aol.com. Sierra Realty Advisors is preleasing a retail site located on Diversey Street in Chicago, IL. Divisible space of 12,000 sq.ft. is available, and the center will open during October 2007. Demographics include a population of 84,554 within a one-mile radius earning an average household income of $97,991. Area retailers include Borders, Bed Bath & Beyond and T.J. Maxx. For more information, contact Joe Sauer, Sierra Realty Advisors, 640 North LaSalle Drive, Suite 410, Chicago, IL 60610; 312-254-0703, Fax 312-422-7745; Email: joe@sierraadvisors.com; Web site: www.sierraadvisors.com. Phoenix Commercial Advisors is preleasing the second phase of The Promenade at Casa Grande, a one million sq.ft. shopping center located at the intersection of Interstate 10 and Florence Boulevard in Casa Grande, AZ. The first phase is opening this fall and includes cotenants Dillard’s, Famous Footwear, Lane Bryant, Michaels, PetSmart, Shoe Pavillion, Best Buy, Harkins Theatres, JCPenney, Kohl’s, Staples and Target. The second phase is scheduled to open spring 2008. For more information, contact Lance Umble or Tyler Chester, Phoenix Commercial Advisors, 3020 East Camelback Road, Suite 215, Phoenix, AZ 85016; 602-734-7206/288-3480; Emails: lumble@pcaemail.com and tchester@pcaemail.com; Web site: www.phoenixcommericaladvisors.com. Greenway Investment Co. is developing a 145,000 sq.ft. shopping center located at the intersection of Central Expressway and Main Street in Dallas, TX. The center is anchored by Home Depot. For more information, contact Welsh Cos. Florida, Inc. is preleasing Carolina Commons, a 99,208 sq.ft. mixed-use center located at the intersection of Vanderbilt Beach Road and Pristine Drive in North Naples, FL. Inline and endcap spaces of 1,754 sq.ft. to 2,297 sq.ft. are available. Asking annual rent is $28 psf NNN with CAM of $6 psf. For more information, contact Jordan Poppa, Welsh Cos. Florida, Inc., 2400 9th Street, North Suite 101, Naples, FL 34103; 239-261-4744, Fax 239-263-4142; Email: jordanp@welshfl.com. The Paradise Group is preleasing Paradise Shoppes at Price Crossing, a 73,046 sq.ft. center located at the intersection of Toledo Blade Boulevard and Price Boulevard in North Port, FL. The grocery-anchored center has spaces of 1,000 sq.ft. to 1,439 sq.ft. available as well as outlots of 1.12 acres and 0.87 acres. The center is scheduled to open during the first quarter of 2008. Demographics include a population of 53,322 within a five-mile radius earning an average household income of $46,109. For more information, contact The Paradise Group, 2901 Rigsby Lane, Safety Harbor, FL 34695; 727-726-1115, Fax 727-726-2337. Peterson Cos. is developing National Harbor, a one million sq.ft. mixed-use center with 415,000 sq.ft. of retail and restaurant space for the initial phase situated on 300 acres on Oxon Hill Road in Oxon Hill, MD. Demographics include a population of 3.94 million within a 25-mile radius earning an average household income of $97,668. For more information, contact Marc Menick, Peterson Cos., 12500 Fair Lakes Circle, Suite 400, Fairfax, VA 22033; 703-631-7510, Fax 703-631-6481; Email: mmenick@petersoncos.com; Web site: www.petersoncos.com. Thomas English Retail Real Estate, LLC is preleasing Maysville Pointe Shopping Center, a 175,000 sq.ft. center located on Maysville Road in Maysville, IN. Cotenants include PetSmart and MC Sports. Area retail includes Wal*Mart, Kohl’s and Walgreens. The site has inline space and outlots available. For more information, contact Thomas English, Thomas English Retail Real Estate, 2325 Pointe Parkway, Suite 150, Carmel, IN 46032; 317-574-7448, Fax 317-574-7471; Web site: www.terre-llc.com. CB Richard Ellis is preleasing Winchester Commercial Center, a 74,166 sq.ft. mixed-use development located in Temecula, CA with 28,416 sq.ft. of retail space. The center is a joint venture between Falcon Real Estate and Transcan Development, LLC and will open during December 2008. For more information, contact CB Richard Ellis, 4141 Inland Empire Boulevard, Suite 100, Ontario, CA 91764; 909-418-2000, Fax 909-418-2100; Web site: www.cbre.com/usa/us/ca/ontario. Or Scott Sweeney, Falcon Real Estate Investment Co., LP, 10815 Rancho Bernardo Road, Suite 120, San Diego, CA 92127-2187; 858-451-8125, Fax 858-451-8135; Email: ssweeney@falconreal.com; Web site: www.falconreal.com. Weingarten Realty Investors is developing the Wake Forest Town Center, a 385,000 sq.ft. retail center located at the intersection of U.S. 1 and Wake Union Church Road in Wake Forest, NC. For more information, contact Weingarten Realty Investors, 2600 Citadel Plaza Drive, Suite 300, Houston, TX 77008; 713-866-6000, Fax 713-866-6049; Email: ir@weingarten.com; Web site: www.weingarten.com. Richardson Development Group is developing Pavilions of Troy, a mixed-use center located on 40 acres of the former Kmart headquarters in Troy, MI, in a joint venture with Boorn Partners. Area retail includes Somerset Collection mall. For more information, contact Richardson Development Group, 11921 Freedom Drive, Suite 980, Reston, VA 20190-5608; 703-437-0821, Fax 703-716-1044. KFLP is developing an 11,000 sq.ft. shopping center located at the intersection of Route 9 and Lacey Road in Forked River, NJ. Spaces of 2,500 sq.ft. to 5,000 sq.ft. are available along with an outlot of 5,000 sq.ft. The center is anchored by Commerce Bank. Area retail includes Shop Rite, Cost Cutters, Lacey Center and a future Home Depot. Demographics include a population of 42,720 within a five-mile radius earning an average household income of $57,641. The average daily traffic count is 18,000 vehicles. For more information, contact Mark Kugler, KFLP, 1515 Jefferson Davis Highway, Suite 1606, Arlington, VA 22202; 703-338-6017; Email: kflp@aol.com; Web site: www.geocities.com/kflpnj. European Equities Corp. is preleasing a shopping center located at the intersection of 66th Street and 71st Avenue North in Pinellas Park, FL. Two spaces of 1,242 sq.ft. are available. Cotenants include Subway and T-Mobile. Demographics include a population of 354,989 within a five-mile radius earning an average household income of $50,424. Asking annual rent is $26 psf NNN with pass-thrus of $4 psf. The center is expected to open during the fourth quarter of 2007. The company is also preleasing the 6900 Park Boulevard Commons, a 6,307 sq.ft. shopping center located on Park Boulevard in Pinellas Park, FL. Space of 2,418 sq.ft. is available. Cotenants include Nail Salon and Extreme Tan & Smoothies and area retail includes Sam’s Club. Asking annual rent ranges from $24 psf to $26 psf NNN with pass-thrus of $5 psf. Demographics include a population of 252,540 within a five-mile radius earning an average household income of $50,755. The center is expected to open during the fourth quarter of 2007. The company is also leasing Carillon Crossings, an 8,044 sq.ft. strip center located at the intersection of Roosevelt Boulevard and 28th Street in Saint Petersburg, FL. Inline spaces of 1,536 sq.ft. and endcaps of 2,486 sq.ft. are available. Asking annual rent ranges from $32 psf to $35 psf with pass-thrus of $5 psf. Demographics include a population of 140,936 within a five-mile radius earning an average household income of $49,682. The center is scheduled to open during the first quarter of 2008. The company is also preleasing Coachman Commons, a 7,115 sq.ft. strip center located at the intersection of U.S. Highway 19 North and State Road 590/Coachman Road in Clearwater, FL. Inline spaces of 1,195 sq.ft. and an endcap of 3,193 sq.ft. are available. Cotenants include Subway. Asking annual rent ranges from $26 psf to $30 psf NNN with pass-thrus of $5 psf. Demographics include a population of 225,460 within a five-mile radius earning an average household income of $56,039. For more information, contact John Montabana, European Equities Corp., 630 Chestnut Street, Clearwater, FL 33756; 727-723-8720 Ext. 329, Fax 727-723-7150. Empire Commercial Real Estate is preleasing Moreno Marketplace, a 94,000 sq.ft. lifestyle center located at the corner of Cactus Avenue and Moreno Beach Drive in Moreno Valley, CA. Stater Bros. will anchor, and the center will include Starbucks, Baskin Robbins, Juice It Up!, Quiznos, Fantastic Sam’s, Red Brick Pizza, Charo Chicken, Chop Sticks and Jack in the Box. Opening is slated for early 2008. For more information, contact |