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New Construction Ferrara Jerum International Real Estate Consultants is preleasing Sunset Valley Town Center, a 430,000 sq.ft. power center located at the intersection of Mall Boulevard and Hunt Road in Busti, NY. Area retail includes Chautauqua Mall, featuring JCPenney, Bon Ton and Sears. Demographics include a trade-area population of 124,360 earning an average household income of $46,172. Opening is expected during spring of 2009. For more information, contact Ferrara Jerum International Real Estate Consultants, 45 Exchange Boulevard, Suite 1027, Rochester, NY 14614; 585-454-6991, Fax 585-454-6439; Email: info@ferrarajerum.com. RIPCO Real Estate Corp. is preleasing Yale & Town Retail, a 330,000 sq.ft. development situated on 20 acres and located at the intersection of Canal Street and Henry Street in Stamford, CT. Demographics include a population of 162,196 within a five-mile radius earning a median household income of $101,381. Opening is slated for spring of 2010. For more information, contact Todd Cooper or John Hanlon, RIPCO Real Estate Corp., 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880; Emails: tcooper@ripcony.com and jhanlon@ripcony.com; Web site: www.ripcony.com. Robert K. Futterman & Associates is preleasing Westwood Station, a 4.5 million sq.ft. mixed-use development with 1.2 million sq.ft. of retail space, including a 350,000 sq.ft. lifestyle center, located on Interstate 95/Route 128 in Westwood, MA. Proposed cotenants include Best Buy, PetSmart, Sports Authority, Babies "R" Us, Target, Marshalls & More, Carters, Osh Kosh B’Gosh, Disney, Children’s Place, Harry & David, Lenscrafters, Pei Wei, Chipotle, ULTA, Delia’s, Justice, Paper Store, Christopher & Banks, Lane Bryant/Cacique, Fresh City, Paradise Bakery, Staples Express, T-Mobile, Benihana, Forever 21, H&M, American Eagle, New York & Co., Not Your Average Joe’s, Aeropostale, J. Crew, Club Monaco, Guess, Apple, Sephora, White House/Black Market, BCBG, Coach, BCBG Girls, Jasmine Sola, Z Gallerie, California Pizza Kitchen, Barnes & Noble, Sharper Image, Acorn, J. Jill, Eileen Fisher, Origins, Brooks Brothers, Coldwater Creek, Talbots, Sur La Table, Soma, Chico’s, McCormick & Schmick, Domain, Flemings, Blue Martini, Jos. A. Bank, Eddie Bauer, Ra Sushi, Brio and Arhaus. The center is scheduled to open during the spring of 2008. The site is adjacent to a commuter train station. New England Development in partnership with Commonfund Realty and Cabot, Cabot & Forbes are developing the project. For more information, contact Mitchell Friedel, Jeremy Ezra or Mathew Focht, Robert K. Futterman & Associates, 521 Fifth Avenue, Seventh Floor, New York, NY 10175; 212-599-3700, Fax 212-599-3744; Emails: mfriedel@rkf.com, jezra@rkf.com and mfocht@rkf.com; Web site: www.rkf.com. Conviser Property Group, Inc. is preleasing Wrentham Crossing, a 130,000 sq.ft. shopping center located at the intersection of Interstate 495 and Route 1A in Wrentham, MA. Area retail includes Wrentham Village Premium Outlets. For more information, contact Conviser Property Group, Inc., 20 Linden Street, Suite 205, Boston, MA 02134; 617-787-5900 Ext. 1, Fax 617-663-6300; Email: info@conviserpg.com. Pennsylvania Real Estate Investment Trust, in a joint venture with Northeast Resorts, is preleasing a mixed-use center with a potential casino anchor, situated on 30 acres in New Bedford, MA. For more information, contact Pennsylvania Real Estate Investment Trust, 200 South Broad Street, Philadelphia, PA 19102-3803; 215-875-0700, Fax 215-546-7311; Web site: www.preit.com. Cushman & Wakefield Retail Services is preleasing Centuria, a mixed-use development in Fort Lee, NJ with 128,000 sq.ft. of divisible space available. Area retail includes Borders, Starbucks and Duane Reade. A 2008 opening is slated. For more information, contact Michael Stone, Justin Stein or
C. Bradley Mendelson, Cushman & Wakefield Retail Services, 51 West 52nd
Street, 10th Floor, New York, NY 10019; 212-841-7516/5989/7987;
Emails: michael.stone@cushwake.com, Conroy Development Co. is developing Renaissance Place,
a mixed-use prospect in four phases along the riverfront with 500,000 sq.ft. of
retail space. The Brownfields is situated on 60 acres at the intersection of
Route 8 and Interstate 84 in Naugatuck, CT and is planned to become For more information, contact Conroy Development Co., 33 Miller Street, Fairfield, CT 06824; 203-319-7373. Harborview Properties is preleasing an expansion of West Orange Shopping Center, a 35,000 sq.ft. center located at the intersection of Boston Post Road and Meloy Road in Orange, CT. The center is anchored by Domino’s and All-in-one Laundromat and has spaces of 1,150 sq.ft.; 3,000 sq.ft. and an endcap space of 10,000 sq.ft. with a drive-thru available. Area retail includes Lowe’s Home Improvement, Best Buy, Target and Sam’s Club. Asking rent is $18 psf with CAM of $2 psf and taxes of $2 psf. Opening for the expansion area is slated for September. For more information, contact Dale Kaufteil, Harborview Properties, 2406 Boston Post Road, Larchmont, NY 10538; 914-834-4488, Fax 914-560-2275; Email: dk@hvp.com. National Realty & Development Corp. is preleasing Westfield Pavilion, a 750,000 sq.ft. Lowe’s Home Improvement-anchored center located on Owen District Road in Westfield, MA. Shop space and pad sites are available. Demographics include a population of 377,797 within a 10-mile radius earning an average household income of $59,609. The average daily traffic count is 55,000 vehicles. For more information, contact National Realty & Development Corp., 3 Manhattanville Road, Purchase, NY 10577; 800-932-7368. New England Retail Properties, Inc. is preleasing Hadley Commons, a 300,000 sq.ft. shopping center located at the intersection of Russell Street/Route 9 and North Maple Street in Hadley, MA. The center is anchored by a proposed Home Depot and area retail includes Wal*Mart, Target, JCPenney, Barnes & Noble, Whole Foods, Linens ‘N Things, Marshalls and Michaels. Area draws include the University of Massachussetts at Amherst and Amherst College. Demographics include a population of 127,163 within a 10-mile radius earning an average household income of $65,227. For more information, contact Matt Halprin, New England Retail Properties, Inc., 860-529-9000; halprinm@newenglandretail.com. Or Mike Northam, National Retail Properties; 407-650-1156; mike.northam@nnnreit.com. Coldwell Banker Commercial/Bennett Williams is preleasing Belle Road Center, a 45,000 sq.ft. center located at the intersection of Cape Horn Road and Belle Road in Red Lion, PA. Spaces of 1,600 sq.ft. to 30,000 sq.ft. are available as well as a 1.4-acre outlot. Cotenants include Rutter’s Convenience Store. Demographics include a population of 114,687 within a five-mile radius earning an average household income of $54,112. Opening is expected during spring of 2008. For more information, contact Blake Gross or Kevin Myers,
Coldwell Banker Commercial/Bennett Williams, 110 North George Street, 4th
Floor, York, PA 17401; 717-843-5555, Fax 717-843-5550; Emails: bgross@bennettwilliams.com
and American Retail Properties is developing a 700,000 sq.ft. shopping center located at the intersection of Interstate 290 and Route 140 in Shrewsbury, MA. Area retail includes Shaws, Home Depot, Sam’s Club, Bob’s Furniture, Petco, Borders, Christmas Tree Shop, Wal*Mart, Hoyts and T.J. Maxx as well as Greendale Mall, featuring DSW, Marshalls, Best Buy and Old Navy, and Lincoln Plaza, featuring Target, Lowe’s Home Improvement, Stop & Shop, Dick’s Sporting Goods, Staples, Barnes & Noble and A.C. Moore. Demographics include a population of 92,089 within a five-mile radius earning an average household income of $75,612. For more information, contact David Nugent, American Retail Properties, 148 State Street, Suite 600, Boston, MA 02109; 617-778-6500, Fax 617-778-6533; Email: dnugent@americanrp.com; Web site: www.americanrp.com. Eastern Retail Properties is preleasing Griswold Marketplace, a 405,000 sq.ft. shopping center located on Route 164 in Griswold, CT. Area retail includes Home Depot, Pier 1 Imports, Kohl’s, Famous Footwear, Wal*Mart, Old Navy, Linens ‘N Things, Tractor Supply Co. and Dollar Tree. Area draws include Mohegan Sun Casino. Demographics include a population of 90,379 within a 10-mile radius earning a median household income of $53,291. Opening is slated for the fall of 2009. The company is also preleasing Greenfield Crossing, a 160,000 sq.ft. development located on Route 2 in Greenfield, MA. Area retail includes Brooks Pharmacy, Stop & Shop, CVS, Walgreens, BJ’s Wholesale Club, Big Y, Staples, Sleepy’s, Home Depot, Fashion Bug, Rent-A-Center and Applebee’s. Demographics include a population of 49,558 within a 10-mile radius earning a median household income of $45,361. The company is also preleasing Killingly Commons, a 525,000 sq.ft. shopping center located at the intersection of Route 101 and Interstate 395 in Killingly, CT. Cotenants include Michaels, Staples, Bed Bath & Beyond, Target, Starbucks, Lowe’s Home Improvement, McDonald’s, Verizon, Petco, Ruby Tuesday and Stop & Shop. Area retail includes Beit Bros. Junior anchor space of 31,750 sq.ft. is available along with two pad sites and shop space of 4,400 sq.ft. Demographics include a population of 67,230 within a 10-mile radius earning a median household income of $53,323. Opening is scheduled for summer of 2008. The company is also preleasing The Centre at Garden Hills, a 385,210 sq.ft. development located on Route 2/New London Avenue in Cranston, RI. Area retail includes iParty, Circuit City, Borders, Linens ‘N Things, Pier 1 Imports, Shaws, Old Navy, JCPenney, Macy’s, Target, Lowe’s Home Improvement, Stop & Shop, Toys "R" Us, Sears, Kohl’s, Wal*Mart, Bed Bath & Beyond, Syms and Building 19. Demographics include a population of 234,095 within a five-mile radius earning a median household income of $47,590. Opening is expected in spring of 2009. The company is also preleasing Swansea Marketplace, a 330,000 sq.ft. development anchored by Lowe’s Home Improvement, located on Route 6/GAR Highway in Swansea, MA. Area retail includes Macy’s, Sears, Wal*Mart, Dollar Tree, Price Rite, Toys "R" Us, Marshalls, Big Lots, Swansea Cinema and Seabra Supermarket. Demographics include a population of 119,129 within a five-mile radius earning a median household income of $46,859. Opening is expected in summer of 2009. For more information, contact Mike Hotarek, Eastern Retail Properties, One Gateway Center, Suite 611, Newton, MA 02458; 617-630-1187, Fax 617-630-1190; Email: mhotarek@easternretail.com. Cedarwood Development, Inc. is preleasing Crossing at Lisbon, a 362,568 sq.ft. power center located at the intersection of Interstate 395 and River Road/Route 12 in Lisbon, CT. The center is anchored by Target and area retail includes Wal*Mart, Home Depot, Kohl’s, Old Navy, Pier 1 Imports, Linens ‘N Things, Ruby Tuesday and McDonald’s. Demographics include a population of 196,000 within a 15-mile radius earning an average household income of $66,000. The average daily traffic count is 97,000 vehicles. Opening is expected during summer of 2008. The company is also developing Post Road Marketplace, a 70,700 sq.ft. center located on Boston Post Road/U.S. Route 1 in Guilford, CT. The average daily traffic count is 17,672 vehicles. Opening is expected during 2009. For more information regarding Crossing at Lisbon, contact Dave Ferron, Todd Burton or Nick Tisone, Cedarwood Development, Inc., 1765 Merriman Road, Akron, OH 44313; 434-591-0004/330-836-9971, Fax 434-591-0054/330-869-6365; Emails: dferron@cedarwoodd.com, tburton@cedarwoodd.com and ntisone@cedarwoodd.com. For more information regarding Post Road Marketplace, contact Denis Ross; 330-869-2248, Fax 330-836-4591; Email: dross@cedarwoodd.com |