New Construction
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New Construction

Realco-Greenwich, LLC is developing Meridian Center, a multi-phase, 90-acre project that will include 700,000 sq.ft. of office, retail, industrial and hotel space, located on Ben Hill Griffin Parkway in Fort Myers, FL. The development is a joint venture between Greenwich Development and Realco Florida.

For more information, contact Greenwich Development, 14540 Southwest 136 Street, Suite 102, Miami, FL 33186; 305-969-0736, Fax 305-969-7953; Web site: www.greenwichllc.com. Or Realco Florida, 372 Lenell Road, Fort Myers Beach, FL 33931; 239-390-5030, Fax 239-390-5027.

Lee & Associates Commercial Real Estate Services is preleasing a shopping center located on Yucaipa Boulevard between 6th Street and 7th Street in Yucaipa, CA. Spaces from 1,200 sq.ft. to 5,787 sq.ft. are available. Cotenants include Chili’s and AT&T Wireless. Area retail includes Wendy’s, Ross Dress for Less, Vons, Longs Drugs, Starbucks, Denny’s, McDonald’s, Bank of America, Staples, El Pollo Loco and Rite Aid. Demographics include a population of 64,930 within a five-mile radius
earning an average household income of $65,069. The average daily traffic count is 25,705 vehicles. Opening is slated for August 2008. The company is also preleasing
The Shops at Bear Creek, a 26,590 sq.ft. center located at the intersection of Clinton Keith Road and Palomar Street in Wildomar, CA. Spaces of 1,200 sq.ft. and up are available and the center is anchored by a 17,000 sq.ft. Rite Aid. Demographics include a population of 99,234 within a five-mile radius earning an average household income of $81,523. The average daily traffic count is 21,764 vehicles. Opening is scheduled for October 2007.

For more information regarding the Yucaipa property, contact Brian Bielatowicz, Nick Wirick or Jeff Stanley, Lee & Associates Commercial Real Estate Services, 25240 Hancock Avenue, Suite 100, Murrieta, CA 92562; 951-445-4515, 951-276-3636/3612; Fax 951-445-4527; Emails: bbielatowicz@lee-associates.com, nwirick@lee-associates.com and jstanley@lee-associates.com; Web site: www.lee-associates.com. For more information regarding The Shops at Bear Creek, contact Andrew McLean; 951-445-4521; Email: amclean@lee-associates.com. Or Brian Bielatowicz.

Sullivan Hayes Brokerage is preleasing a 1.8 million sq.ft. mixed-use center situated on 30 acres located at the intersection of 9th Avenue and Colorado Boulevard in Denver, CO. The project will feature 330,300 sq.ft. of retail along
with office, hotel and multi-family
components. Demographics include a population of 417,148 within a five-mile radius earning an average household income of $60,282. The average daily traffic count is 64,000 vehicles. Area draws include Rose Medical Center, VA Health Care System and National Jewish Respiratory Hospital. Opening is slated for 2010.

For more information, contact Daniel Miller, Sullivan Hayes Brokerage, 2000 South Colorado Boulevard, Tower 1, Suite 8500, Denver, CO 80222; 303-534-0900, Fax 303-831-1333; Email: dmm@sullivanhayes.com; Web site: www.sullivanhayes.com.

Grubb & Ellis|Las Vegas is preleasing Craig Tenaya Center, a 48,000 sq.ft. mixed-use center located at the intersection of Craig Road and Tenaya Way in Las Vegas, NV. Spaces of 750 sq.ft. to 12,500 sq.ft. are available. The asking monthly rent is $2.50 psf. Demographics include a population of 350,668 within a five-mile radius earning an average household income of $72,635. The average daily traffic count is 31,500 vehicles. Opening is slated for April 2008. Area retail includes McDonald’s, CVS, Jack in the Box, Starbucks, Subway, Hollywood Video, Smart & Final, Denny’s and Albertsons. Area draws include Santa Fe Hotel & Casino.

For more information, contact Ken Preston or Chris Godino, Grubb & Ellis|Las Vegas, 3930 Howard Hughes Parkway, Suite 180, Las Vegas, NV 89169; 702-733-7500, Fax 702-862-8242; Emails: kpreston@gelasvegas.com and cgodino@gelasvegas.com; Web site: www.gelasvegas.com.

Archon Group is developing The Corner at Short Pump, a 246,000 sq.ft. mixed-use center situated on 41 acres located at the intersection of West Broad Street and Lauderdale Drive in Richmond, VA. Area retail includes Short Pump Town Center which features Nordstrom, Dillards, Williams-Sonoma, Pottery Barn and Crate & Barrel. Demographics include a population within a five-mile radius earning an average household income of $85,064. Opening is slated for spring of 2009. The company is also preleasing Alamo Ranch Marketplace, a 930,000 sq.ft. center situated on 109 acres located at the intersection of Culebra Road and Loop 1604 in San Antonio, TX. The center will feature three anchors, 10 junior anchors and 16 outparcels along with shop space. Demographics include a trade-area population of 66,000 earning a median household income of $68,200. Opening is scheduled for spring of 2008.

For more information, contact Archon Group, Southwest Regional Office, 6011 Connection Drive, Irving, TX 75039; 972-368-2200, Fax 972-368-4099; Web site: www.archon.com/retail.

Urban Partners, LLC is developing Burien Town Square, a mixed-use project featuring 70,000 sq.ft. of retail space along with restaurants and condominiums located at the intersection of Southwest 152nd Street and Southwest 6th Avenue in Burien, WA.

For more information, contact Urban Partners, The Bradbury Building, 304 South Broadway, Suite 400, Los Angeles, CA 90013; 213-437-0470, Fax 213-437-0474; Email: info@urbanpartners.net.

KLNB Retail Commercial Real Estate Services is developing Lakeside Centre, a one million sq.ft. shopping center located at the intersection of U.S. Route 501/Lynchburg Expressway and Lakeside Drive in Lynchburg, VA. Demographics include a population of 102,046 within a seven-mile radius earning an average household income of $53,447. Area retail includes Foodland, Carmike Cinema, J. Crew, Radio Shack and Dollar Tree. Opening is slated for spring of 2008. The company is also preleasing Dulles Landing, a 700,000 sq.ft. shopping center located at the intersection of Route 50 and Loudoun City Parkway in Loudoun County, VA. Junior anchor and shop space is available along with outparcels. Cotenants include Borders, Kohl’s, The Sports Authority, Wal*Mart, Bed Bath & Beyond, Ross Dress for Less, Michaels, PetSmart, Old Navy and Best Buy. Demographics include a population of 119,467 within a seven-mile radius earning an average household income of $110,822. Opening is expected during the spring of 2009.

For more information regarding Lakeside Centre, contact Sam Hodges or Dmitri Georgelakos, KLNB Retail Commercial Real Estate Services, 8027 Leesburg Pike, Suite 300, Vienna, VA 22182; 571-382-2070/2071, Fax 703-288-2999; Emails: shodges@klnb.com and dgeorgelakos@klnb.com. For more information regarding Dulles Landing, contact Devin Corini, John Meyer, Adam Miller or Maury Levin; 571-382-2072, 443-632-2052/2050/2051; Emails: dcorini@klnb.com, jmeyer@klnb.com, amiller@klnb.com and mlevin@klnb.com.

First Western Properties is preleasing The Shops at Harbor Hill, a 52,336 sq.ft. shopping center located at the intersection of Borgen Boulevard and Harbor Hill Drive in Gig Harbor, WA. Phase one will comprise two buildings totaling 22,875 sq.ft. and phase two will comprise three buildings. Area retail includes Costco. Demographics include a trade-area population of 61,106 earning an average household income of $86,140. The average daily traffic count is 17,024 vehicles.

For more information, contact Rune Harkestad, First Western Properties, 520 Kirkland Way, Suite 100, Kirkland, WA 98033; 425-822-5522, Fax 425-822-7440; Email: runeh@fwp-inc.com; Web site: www.fwp-inc.com. Or Lisa Tallman or Krista Hanberg, 6402 Tacoma Mall Boulevard, Tacoma, WA 98409; 253-472-0404, Fax 253-472-0541; Emails: lisa@firstwesternproperties.com and

LMG Investments, LLC is preleasing The Village of Pleasant Run, a 10,000 sq.ft. center situated on a 43,000 sq.ft. parcel located at the intersection of Polk Street and Pleasant Run Road in DeSoto, TX. Demographics include a population of 52,447 within a three-mile radius earning an average household income of $69,540. Area retail includes Walgreens, Braum’s, Chase Bank One, Beall’s, Boston Market and Hallmark. The average daily traffic count is 32,657 vehicles. The asking rent is $18 psf NNN.

For more information, contact Randall Gonzalez or Marci Millender, LMG Investments, LLC, 5440 Harvest Hill Road, Suite 233, Dallas, TX 75230; 972-233-8888, Fax 972-233-1615.

Faison Enterprises is preleasing Four Seasons Station, a 175,000 sq.ft. development featuring retail and restaurant space located on Pinecroft Road in Greensboro, NC. The center will be anchored by a 75,000 sq.ft. 18-screen movie theater. Area retail includes Belk, Dillards and JCPenney.

For more information, contact Thurman Brooks or Jason Schad, Faison Enterprises, 121 West Trade Street, 27th Floor, Charlotte, NC 28202; 704-972-2500, Fax 704-972-2573; Web site: www.faison.com.

NAI Capital Commercial Real Estate Services is preleasing The Shoppes at Creekside, a shopping center located at the intersection of the 210 Freeway and Riverside Avenue in Rialto, CA. Anchor, sub-anchor, pads and shop space are available. Demographics include a population of 117,324 within a three-mile radius earning an average household income of $50,561. Opening is slated for the first quarter of 2008.

For more information, contact Brandon Beuchemin or Lidia Talavera, NAI Capital Commercial Real Estate Services, 3281 East Guasti Road, Suite 225, Ontario, CA 91761; 909-945-2339, Fax 909-945-2338.

Bennett Williams/Coldwell Banker Commercial is preleasing Shoppes at Cape Horn, a 16,000 sq.ft. shopping center located at the intersection of Cape Horn Road and Lombard Street in Red Lion, PA. Area retail includes Quiznos, Rita’s, McDonald’s, Dollar General, Weis, Wendy’s, Blockbuster Video, Radio Shack, Dollar Tree, Giant, GNC and Subway. Demographics include a population of 78,549 within a five-mile radius earning an average household income of $65,478. Opening is planned for fall of 2007.

For more information, contact Chad Stine or Bradley Rohrbaugh, Bennett Williams/Coldwell Banker Commercial, 110 North George Street, 4th Floor, York, PA 17401; 717-843-5555, Fax 717-843-5550.

Echo Retail Services is developing a 240,500 sq.ft. power center situated on 40 acres located at the intersection of Interstate 40 and South Willow Road in Cookeville, TN. The development will feature two anchor sites and shop space as well as three outlots. Demographics include a population of 54,888 within a seven-mile radius earning a median household income of $31,343. The average daily traffic count is 40,500 vehicles. Area retail includes Kohl’s, Jackson Plaza shopping center, Staples, Kroger, OfficeMax, Kmart, Wal*Mart Supercenter and Lowe’s Home Improvement.

For more information, contact Echo Retail Services, 701 Alpha Drive, Pittsburgh, PA