|
New Construction
|
|
|
New Construction Powers & Co. is preleasing a 15,000 sq.ft. center on
Middlesex Turnpike in Burlington, MA. Opening is slated for spring 2008. The
center is located between Burlington Mall and Middlesex Mall. The
space can be subdivided. Area demographics include a population of 172,485
within five miles earning $110,224 as the average household income. Area retail
includes Jo-Ann, Bugaboo Creek, Old Navy, Linens ‘N
Things, Expo Design Centers, DeMoulas, Sleepy’s,
FedEx Kinko’s, Starbucks, Trader Joe’s, Petco, Bed
Bath & Beyond, Circuit City, Barnes & Noble, AMC Theatres,
Macaroni Grill, Staples, Kohl’s and Crate & Barrel,
as well as Sears, Nordstrom and Macy’s at the Burlington
Mall. The company is also preleasing Center West, a 60,000 sq.ft. center
located on West Center Street/Route 106 in West Bridgewater, MA. Spaces from
1,000 sq.ft. to 35,000 sq.ft. are available. Area demographics include a
population of 103,827 within five miles earning $69,736 as the average household
income. Area retail includes Lowe’s Home Improvement. A spring 2008 For more information regarding the site in Burlington, contact Mary Powers, Powers & Co., PO Box 435, Lynnfield, MA 01940; 781-334-4661; Email: powers.co@verizon.net; Web site: www.powersandco.com. For more information regarding Center West, contact Leslie Cotter; 781-883-8464; leslieanncotter@yahoo.com. Or Mary Powers. Pointe Development Co. is preleasing South Lake Village, a 30,000 sq.ft. strip center located at the intersection of SR 50 and South Lake Boulevard in Clermont, FL. The site also includes two 5,000 sq.ft. pad sites. Opening is slated for the third quarter of 2008. Area demographics include a population of 35,463 within five miles earning $69,786 as the average household income. The average daily traffic count is 55,000 vehicles. Area retail includes Kmart, Gold’s Gym, Lowe’s Home Improvement, Home Depot, Kash n’ Karry, Wachovia Bank, Office Depot, Panera Bread, Carrabba’s, Chili’s, Walgreens, Ruby Tuesday, CVS, SuperTarget and T.G.I. Friday’s. The company is also preleasing Oakley 50 Shopping Center, located on SR 50 in Clermont, FL. Area demographics include a population of 31,118 within three miles earning $64,516 as the average household income. The average daily traffic count is 55,000 vehicles. Opening is slated for the third quarter of 2008. For more information, contact David Egozi, Pointe Development Co., 1111 Kane Concourse, Suite 401F, Bay Harbor Islands, FL 33154; 305-861-3737, Fax 305-865-3434; Email: degozi@pointecompanies.com. Grubb & Ellis is preleasing up to 9,100 sq.ft. of retail/office space on Wisconsin Avenue in Cranberry, PA. The average daily traffic count is 37,280 vehicles. Area demographics include a population of 85,880 within seven miles earning $97,254 as the average household income. The site is located across from Ann Taylor, Coldwater Creek, Gymboree, Christopher & Banks, The Children’s Place, Old Navy, Jos. A. Bank, Limited Too, Chico’s, Kirkland’s Home and Talbots. Area retail includes Rite Aid, Dick’s Sporting Goods, Best Buy, Barnes & Noble, Home Depot, Toys "R" Us, OfficeMax, Wal*Mart, Panera Bread, Starbucks, Pizzeria Uno, Kroger, Marshalls, Michaels, Babies "R" Us, Burger King, Arby’s, McDonald’s, Lone Star Steakhouse, Bob Evans, Max & Erma’s, Kinko’s, Giant Eagle, Long John Silvers, Olive Garden, On the Border, Krispy Kreme, Pier 1 Imports, T.J. Maxx, Linens ‘N Things, Staples, Kohl’s, Lowe’s Home Improvement, Applebee’s and Red Robin. The company is also preleasing Heritage Square, located on Mall Ring Road in Pittsburgh, PA. Up to 8,000 sq.ft. is available. Area demographics include a population of 743,320 within a 20-minute drive earning $57,608 as the average household income. Area retail includes Sears, Dick’s Sporting Goods, JCPenney, Macy’s, Buca di Beppo, Fatburger, David’s Bridal, Cold Stone Creamery, Marshalls, Costco, Aldi, Chick-fil-A, Johnny Carino’s, CompUSA, T.J. Maxx, Jo-Ann, Longhorn Steakhouse, Toys "R" Us, Lowe’s Home Improvement, Applebee’s, Kohl’s, Giant Eagle, Staples, Cracker Barrel, Wal*Mart Supercenter, Old Navy, Bed Bath & Beyond, Barnes & Noble, Michaels, Target, Circuit City and Home Depot. For more information, contact David Glickman, Grubb & Ellis; 412-434-1065; Email: david.glickman@grubb-ellis.com. Strathmore Development Co. is preleasing The Shoppes at Collier Place, a 41-acre site located at the intersection of Rattlesnake Hammock Road and Collier Boulevard in Naples, FL. Spaces of up to 9,700 sq.ft.; 11,100 sq.ft.; 22,900 sq.ft. and 32,700 sq.ft. are available. McDonald’s, Walgreens and American Momentum Bank occupy adjacent outparcels. Area demographics include a population of 74,888 within five miles earning $49,447 as the median household income. The average daily traffic count is 49,758 vehicles. For more information, contact Terry Benton, Strathmore Development Co., 1427 West Saginaw, Suite 200, East Lansing, MI 48823; 517-664-4128, Fax 517-664-4108; Email: terryb@strathmoredev.com. CB Richard Ellis|Pittsburgh is preleasing The North Shore, a 24-acre mixed-use project located in Pittsburgh, PA between Heinz Field and PNC Park. Spaces of 4,830 sq.ft. and 7,787 sq.ft. are available at the site. Tenants include Bettis’ 36 Grille, Calico Jack’s and Fox Sports. For more information, contact Herky Pollock, CB Richard Ellis|Pittsburgh, 600 Grant Street, Suite 1400, Pittsburgh, PA 15219; 412-471-9500, Fax 412-471-0995; Email: herky.pollack@cbre.com; Web site: www.cbre.com/pittsburgh. Southern Custom Malls is preleasing Meridian Marketplace, a 19,120 sq.ft. strip center situated on 2.6 acres at the intersection of Highway 19 North and 67th Avenue Loop in Meridian, MS. Spaces of 1,600 sq.ft. to 2,600 sq.ft. are available with Shoe Show anchoring and Wal*Mart shadow-anchoring the site. Opening is slated for November 2008. Area demographics include a population of 41,300 within five miles earning $42,000 as the average household income. The average daily traffic count is 16,000 vehicles. Asking rent is $14 psf to $18 psf plus CAM of $0.45 psf, taxes of $2.15 psf and insurance of $0.45 psf. For more information, contact Mike Hatmaker, Southern Custom Malls, 471 Harber Drive South, Indian Rocks Beach, FL 33785; 727-709-9965, Fax 877-852-9161; Email: mikehatmaker@southerncustommalls.com. The Wilder Cos. is preleasing Loop West, a 400,000 sq.ft. center located along Osceola Parkway in Orlando, FL adjacent to The Loop. The center is anchored by Belk and JCPenney and area retail includes Kohl’s, Regal Cinema 16, Old Navy, Bed Bath & Beyond, Ross Dress for Less, The Sports Authority, Michael’s, Lowe’s Home Improvement, BJ’s Wholesale Club and Ashley Furniture. Demographics include a population of 176,203 within a five-mile radius earning an average household income of $55,813. The company is also preleasing The Loop – Punta Gorda, a mixed-use center with 1.2 million sq.ft. of retail space located in Punta Gorda, FL. Anchor and shop spaces are available. Opening is slated for 2008. For more information, contact The Wilder Cos., 800 Boylston Street, Suite 1300, Boston, MA 02199; 617-247-9200, Fax 617-247-4044; Web site: www.wilderco.com. Murphy Land and Retail Services, Inc. is preleasing Amelia Station, a 108,400 sq.ft. shopping center located on Amelia Concourse in Yulee, FL. Construction is slated to begin this year. Area retail includes Home Depot, Target, Winn-Dixie, Wal*Mart, Lowe’s Home Improvement and Publix. The company is also preleasing Shoppes at Southwood, a 15,000 sq.ft. site located at the intersection of Capital Circle and Blair Stone Road in Tallahassee, FL. The site is part of a 3,300-acre master-planned community and is adjacent to Southwood Business Park. Construction commenced this summer. Area retail includes Publix, SunTrust Bank, Gate Oil and CVS. For more information, contact Murphy Land and Retail Services, Inc., 11555 Central Parkway, Suite 1102, Jacksonville, FL 32224; 904-645-7143. Wolfson Verrichia Group, Inc. is preleasing Main Street at Granite Run, a lifestyle center located at the intersection of Route 1/Baltimore Pike and Route 452 in Delaware County, PA. The project will consist of retail, residential, office and hotel components. Area demographics include a trade-area population of 716,870 earning $90,635 as the average household income. The average daily traffic count is 65,000 vehicles. For more information, contact Wolfson Verrichia Group, Inc., 120 West Germantown Pike, Suite 120, Plymouth Meeting, PA 19462; 610-277-8899, Fax 610-277-8880. Markward Group is preleasing a 20,000 sq.ft. retail/office outlot to Bethlehem Plaza, located at the intersection of Route 22 and Route 191 in Bethlehem, PA. Spaces are available from 1,600 sq.ft. to 10,000 sq.ft. The two-story building features retail on the ground floor and offices on the second floor. For more information, contact Derek Zerfass, Markward Group, Inc., 5925 Tilghman Street, Allentown, PA; 610-770-3600; Email: deals@markwardgroup.com. Levin Properties is preleasing a 200,000 sq.ft. shopping center on Klockner Road in Hamilton, NJ. ShopRite will anchor the site, with a 75,000 sq.ft. supermarket. Construction is slated to begin later this year with an opening scheduled for 2008. Area demographics include a population of 131,079 within three miles earning $60,029 as the average household income. For more information, contact Levin Management Corp., 893 Route 22 West, North Plainfield, NJ 07060. Winick Realty Group is preleasing Columbus Village, a 320,000 sq.ft. project consisting of five buildings on three contiguous blocks with on-site parking in New York, NY between 97th Street and 100th Street. The project has frontage along Columbus Avenue and Amsterdam Avenue. Opening is slated for next fall. Whole Foods will occupy 57,500 sq.ft. on Columbus Avenue between 97th Street and 100th Street. Retail space totaling 103,366 sq.ft. is available. Duane Reade will occupy 17,200 sq.ft. at the intersection of 97th Street and Columbus Avenue, where space of 4,461 sq.ft. is available. On Columbus Avenue between 98th Street and 99th Street, total space of 68,268 sq.ft. is available and at the intersection of 100th Street and Columbus Avenue, 31,129 sq.ft. is available. Space of 34,051 sq.ft. is available at the intersection of 100th Street and Amsterdam Avenue. For more information, contact Jeff Winick or Lori Shabtai, Winick Realty Group; 212-792-2601; Emails: jeff@winick.com and lori@winick.com. Coldwell Banker Commercial, NRT is preleasing Plaza 23, located at the intersection of Avenue Fernandez Junco and Del Parque Street in San Juan, Puerto Rico. The site will feature a 30,166 sq.ft. supermarket anchor and shop space ranging from 121 sq.ft. to 12,929 sq.ft. on the first floor. On the second floor, the project will feature spaces ranging from 573 sq.ft. to 13,725 sq.ft., while the third floor will feature a movie theater, food court and fast-food restaurants. For more information, contact Ross White and Steve Bogden,
Coldwell Banker Commercial, NRT, 6550 South Millrock Drive, Suite 200, Salt Lake
City, UT 84121; 801-947-8300; Web site: Cedarwood Development is preleasing Fayette Crossing, a 426,000 sq.ft. power center situated on 59 acres on U.S. 40 in Uniontown, PA. Wal*Mart Supercenter anchors the site. The first phase is slated to open this winter, to be followed by phase two next winter. Area retail includes Movie Gallery, Golden Corral, Ruby Tuesday, Shop & Save, Target, Home Depot, Staples, Kmart and Lowe’s Home Improvement. Area demographics include a population of 152,000 within 15 miles earning $44,000 as the average household income. The average daily traffic count is 31,000 vehicles. For more information, contact Jodi Cross or Todd Burton, Cedarwood Development, 1765 Merriman Road, Akron, OH 44313; 330-869-2268 or 330-836-9971, Fax 330-869-6365; Emails: jcross@cedarwoodd.com and tburton@cedarwoodd.com. Opus Corp. is developing The Shoppes of Gulf Coast, a 275,000 sq.ft. power center situated on 34 acres at the intersection of Interstate 75 and Alico Road in Fort Myers, FL. Opening is slated for next fall. Area demographics include a population of 334,372 residing within a 20-minute drive. The company is also developing Shoppes of Four Corners, a 225,000 sq.ft. power center situated on 27 acres on State Road 25/U.S. Route 27 in Davenport, FL. Opening is slated for next fall. Area demographics include a population of 140,000 residing within a 20-minute drive. In addition, the company is preleasing Nature Coast Commons, a 350,000 sq.ft. power center situated on 42 acres at the intersection of U.S. 19 and Wendy Court in Spring Hill, FL. Opening is slated for next summer. JCPenney will anchor the center. Area demographics include a population of 185,000 residing within a 20-minute drive. For more information, contact Dan Morris, Opus Corp.; 813-349-5157. Tavistock Group is developing Lake Nona Town Center, a 7,000-acre master-planned community located on SR 417/Greeneway and SR 15/Narcoossee Road in Orlando, FL. The project features 925,000 sq.ft. of retail space, 9,000 single-family and multi-family residential units, 935,000 sq.ft. of office space, five million sq.ft. of industrial space and a hotel resort/villa. The retail component will house three department stores, a 175,000 sq.ft. anchor tenant, 90,000 sq.ft. of junior anchor tenants and 513,000 sq.ft. of small shop space, as well as a 60,000 sq.ft. cinema, 16,000 sq.ft. of restaurant pad sites and 40,000 sq.ft. of outlots. For more information, contact Tavistock Group, 9588 Narcoossee Road, Orlando, FL 32827; 407-888-6500, Fax 407-857-0829. Joyce Development Group is preleasing Tapestry Park, a mixed-use project in Jacksonville, FL located at the intersection of Southside Boulevard and Gate Parkway. The average daily traffic count is 58,000 vehicles. The center features retail on the first floor and offices on the second floor. Tenants include Dagwood’s Sandwich Shoppe, Rio Hair Studio and Village Tavern. The site also features a 96-room Hotel Indigo. Phase one of development will feature 52 townhouses and phase two calls for 250 apartments. Area demographics include a population of 119,726 within five miles earning $105,656 as the average household income. Opening is slated for spring 2008. For more information, contact Joyce Development Group, 12443 San Jose Boulevard, Suite 1002, Jacksonville, FL 32223; 904-886-0602, Fax 904-886-0604; Web site: www.joycedevelopmentgroup.com. Cottonwood Commercial is preleasing Main Street at Preston Lake, a 175,000 sq.ft. mixed-use center situated on 21 acres at the intersection of Spotswood Trail/U.S. 33 and Massonetta Springs Road in Harrisonburg, VA. Spaces from 1,000 sq.ft. to 12,000 sq.ft. are available. Opening is slated for May 2009. Anchors include Talbots, Jos. A. Bank, Bookbinders Grill and Visulite Theater. Area demographics include a population of 51,135 within five miles earning $56,663 as the average household income. The average daily traffic count is 24,000 vehicles. Area retail includes Valley Mall, Harrisonburg Crossing, Skyline Plaza and Spotswood Valley Square. Asking rent is $24 psf plus CAM of $3 psf. For more information, contact Jared L. Burden, Cottonwood Commercial, 4149 Quarles Court, Harrisonburg, VA 22801; 540-607-0813, Fax 540-437-3541; Email: jared.burden@cottonwood.com. Castle Realty Associates is preleasing The Markets at Royal Square, a 20,000 sq.ft. shopping center located on Royal Avenue in Belgium, WI. The retail component is part of a 144-acre development and has spaces available from 1,200 sq.ft. to 10,000 sq.ft. with Fresh Market anchoring the site. Asking rent is $15 psf NNN. The average daily traffic count is 22,500 vehicles. Area retail includes Walgreens, KFC/Long John Silvers, Great Clips, Dairy Queen, Grafton Antique Mall, Ghost Town Restaurant, Subway, Verizon, Dinner By Design, Cost Cutters, Home Depot, OfficeMax, Target, Charcoal Grill, Starbucks, Quiznos, Maurice’s, Arby’s and Piggly Wiggly. Area demographics include a population of 212,270 within 20 miles earning $72,194 as the average household income. For more information, contact Castle Realty Associates; 414-352-5200, Fax 414-352-3227. Katz & Associates is preleasing Current at Lee Vista, a 675,000 sq.ft. open-air, mixed-use center located in Lee Vista, FL on Lee Vista Boulevard. The average daily traffic count is 96,648 vehicles. Area demographics include a population of 597,408 within 10 miles earning $55,673 as the average household income. Premier Properties, USA is developing the site. For more information, contact Kevin Higgins or Meredith Housman, Katz & Associates, 200 Glades Road, Suite 206, Boca Raton, FL 33431; 561-361-7232 Ext. 11/15; Emails: kevinhiggins@dkatz.com and meredithhousman@dkatz.com. PlazaCorp Realty Advisors, Inc. is preleasing Pontiac Center, located on West Reynolds Street in Pontiac, IL. The site consists of two 10,500 sq.ft. buildings, which have spaces available from 1,400 sq.ft. to 3,000 sq.ft. Wal*Mart anchors the center with committed tenants including Illinois Valley Cellular, Maurice’s, Dollar Tree and Midwest Cellular. Adjacent retailers include Aldi, Taco Bell, Arby’s and Burger King. Opening is slated for this fall. For more information, contact Jon Jurhs, PlazaCorp Realty Advisors, Inc., 211 East Water Street, Suite 201, Kalamazoo, MI 49007; 269-383-5775, Fax 269-383-5774. Fameco Real Estate is preleasing Upland Square, a planned center located in Pottstown, PA. Proposed tenants include Target and Giant. For more information, contact Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462; 610-834-8000, Fax 610-834-1793. KFLP is preleasing an 11,000 sq.ft. center located in Lacey Township/Forked River, NJ at the intersection of Route 9 and Lacey Road. Spaces of 2,500 sq.ft. and 5,000 sq.ft. are available, as well as a 5,000 sq.ft. outlot. Commerce Bank anchors the site. Area demographics include a population of 42,720 within five miles earning $57,641 as the average household income. The average daily traffic count is 18,000 vehicles. Area retail includes Lacey Center, ShopRite, Cost Cutters, Home Depot and a proposed Staples. 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. Echo Retail Services is preleasing Warrendale Village, located on Warrendale Bayne Road in Warrendale, PA. The average daily traffic count is 13,500 vehicles. Area retail includes OfficeMax, Dick’s Sporting Goods, Best Buy, Toys "R" Us, Giant Eagle, Home Depot, Babies "R" Us, Panera Bread, T.J. Maxx, Target, PetSmart, Kohl’s and Lowe’s Home Improvement. Area demographics include a population of 411,490 residing within a 20-minute drive earning $49,937 as the median household income. For more information, contact Bradley Kelly, Echo Retail Services, 701 Alpha Drive, Pittsburgh, PA 15238; 412-968-1659; Email: bkelly@echoretail.com; Web site: www.echoretail.com. Crossman & Co. is preleasing Oakland Commons, a center adjacent to the Oakland Park residential development in Orlando, FL. Area demographics include a population of 153,284 within a 15-minute drive earning $82,693 as the average household income. The average daily traffic count is 29,000 vehicles. For more information, contact Courtney Potter, Crossman & Co.; 407-581-6232; Email: cpotter@crossmanco.com; Web site: www.crossmanco.com. Maury L. Carter & Associates is preleasing a center located at the intersection of U.S. 27 and CR 19 in Lake County, FL. Anchor spaces and outparcels are available. Area demographics include a population of 8,599 within five miles. The average daily traffic count is 31,100 vehicles. For more information, Pat Chisholm, Maury L. Carter & Associates; 407-581-6204; Email: pchisholm@maurycarter.com; Web site: www.maurycarter.com. ones Lang LaSalle is preleasing Kendall Town & Country. The project consists of a power center, lifestyle center, hotel and medical office park located at the intersection of Southwest 117th Avenue and North Kendall Drive in Miami, FL, the average daily traffic count is 75,000 vehicles. Committed tenants include Publix, Marshalls, Ross Dress for Less, New York & Co., Sergio’s, CVS, Hallmark, 24-Hour Fitness, Nine West Outlet, Outback Steakhouse, Two Brothers Pizza and Charcoal’s Latin Grill. Area demographics include a population of 448,113 within five miles earning $63,852 as the average household income. For more information, contact Karen Sanzo, Jones Lang LaSalle; Email: karen.sanzo@am.jll.com; Web site: www.jllretail.com. Everitt Commercial Partners, LLC is preleasing Eagle Crossing at Crossroads Boulevard, a 182-acre mixed-use site located at the intersection of Interstate 25 and Crossroads Boulevard in Larimer County, CO. The project features retail, office, medical and commercial components. Area retail includes The Market at Centerra, tenanted by Sportsman’s Warehouse, Pier 1 Imports, Marshalls, Ross Dress for Less, Bed Bath & Beyond, Jo-Ann and Chili’s, and The Promenade Shops at Centerra, tenanted by Macy’s, Dick’s Sporting Goods, Barnes & Noble, Best Buy, P.F. Chang’s and Metrolux Theatre. Area demographics include a population of 200,065 within 10 miles earning $80,539 as the average household income. For more information, contact Rick Callan or Pete Kelly, Everitt Commerical Partners, LLC; 970-226-1500; Emails: rc@everrittcompanies.com and peterk@everittcompanies.com. Coldwell Banker Commercial/Scalzo Group is preleasing two freestanding buildings located at the intersection of Stony Hill Road and Route 6 in Bethel, CT. The buildings total 10,000 sq.ft. and 20,000 sq.ft. and have available space from 2,500 sq.ft. The site located across from Big Y Supercenter and area retail includes Target, Wal*Mart and Super Stop & Shop. Area demographics include a trade-area population of 18,000 earning a median household income of $79,260. Asking rent is $25 psf NNN. For more information, contact Robert Cascella or Ginny Carroll, Coldwell Banker Commercial/Scalzo Group, 6 Stony Hill Road, Suite 220, Bethel, CT 06801; 203-205-7679/7674, Fax 203-797-2022; Emails: cascella@coldwellbankerscalzo.com and carroll@coldwellbankerscalzo.com. Benderson Development Co., LLC is preleasing The Commons at Avalon Park, a 53,500 sq.ft. shopping center located at the intersection of State Road 50 and Pilgrim Street in Orlando, FL. The average daily traffic count is 39,500 vehicles. Area demographics include a population of 208,370 within seven miles earning $71,101 as the average household income. Nearby draws include The University of Central Florida. The company is also preleasing UCF Foundation, a 29,400 sq.ft. shopping center adjacent to Staybridge Suites. Area retail includes Don Pablo’s, Panera Bread, Pizzeria Uno, Bennigan’s, Perkins, Tony Roma’s, Chipotle and Applebee’s. Area demographics include a population of 340,269 within seven miles earning $68,309 as the average household income. In addition, the company is preleasing Peachland Loveland Plaza, a 165,700 sq.ft. site adjacent to Peachland Promenades Shopping Center, which is anchored by Publix. The project has spaces available from 4,125 sq.ft. to 91,438 sq.ft. Area retail includes Wal*Mart Supercenter, CVS, Wendy’s, McDonald’s, Cracker Barrel, Burger King, Taco Bell, The UPS Store, Pizza Hut and Dairy Queen. The company is also preleasing Town Center at St. Lucie West, a 546,200 sq.ft. shopping center located at the intersection of St. Lucie West Boulevard and Peacock Loop in Port St. Lucie, FL. Wal*Mart Supercenter anchors the site, with cotenants including Bealls, A.C. Moore, Staples, Stein Mart, Petco, Circuit City and T.G.I. Friday’s. Area demographics include a population of 176,283 within 10 miles earning $54,484 as the average household income. Area retailers includes Walgreens, Sears, Publix, Home Depot, Albertsons, Starbucks, Petco, Panera Bread, Moe’s Southwest Grill, Ruby Tuesday, Gold’s Gym, Chili’s, Outback Steakhouse and Rave 14 Multiplex. The company is also preleasing Lockwood Village, a 113,700 sq.ft. center located at the intersection of Lockwood Ridge Road and Honore Avenue in Sarasota, FL. The average daily traffic count is 22,400 vehicles. Area demographics include a population of 251,766 within seven miles earning $59,748 as the average household income. Inline spaces of 10,640 sq.ft.; 18,720 sq.ft. and 54,273 sq.ft. are available, as well as pad sites of 3,826 sq.ft.; 11,862 sq.ft. and 14,418 sq.ft. In addition, Benderson Development is preleasing Tourist Center Drive at University Center, a 33,800 sq.ft. center located on University Parkway/SR 610 in Sarasota, FL. Committed tenants include Moe’s Southwest Grill, Cheetah Flooring, Jersey Mike’s Subs, Mattress Firm, Wendy’s and Ruby Tuesday. The site is adjacent to Comfort Suites. Area retail includes University Consumer Square, tenanted by Home Depot, Staples, Carrabba’s, Starbucks and Stonewood Grill, and University Center, tenanted by BJ’s Wholesale Club, Shapes Fitness, Bonefish Grill, Lenox, Lee Roy Selmon’s and Westpoint Stevens. For more information, contact Benderson Development Co., LLC, 8441 Cooper Creek Boulevard, University Park, FL 34201; 941-359-8303, Fax 941-359-1836; Web site: www.benderson.com. Lee & Associates is preleasing Van Buren Marketplace, a four-building site situated on two adjacent land areas of 2.22 acres and 2.13 acres at the intersection of Van Buren Boulevard, Gamble Avenue and Bobbit Avenue in Riverside, CA. The site consists of a 14,000 sq.ft. building, a 4,280 sq.ft., a 6,550 sq.ft. restaurant site and a 1,750 sq.ft. fast-food pad site. Area demographics include a population of 92,562 within five miles earning $87,279 as the average household income. For more information, contact Jeff Stanley, Nick Wirick or Katherine Hunt, Lee & Associates, 25240 Hancock Avenue, Suite 100, Murrieta, CA 92562; 951-276-3645, Fax 951-445-4527. Southgate Development Group, LLC is preleasing a
38,500 sq.ft. shopping center located at the intersection of Boyette Road and
Bell Shoals Road in Riverview, FL. For more information, contact Mike Novak or Jeff Novak, Southgate Development Group, LLC; 813-833-0474/0609. National Commercial Brokers, Inc. is preleasing a 16,300 sq.ft. strip center located on High Street/Route 16A in Somersworth, NH. The site is located across from the Market Basket Shopping Center and area retailers includes Target, Wal*Mart, Home Depot, Staples, Chili’s, Starbucks and Pizzeria Uno. Area demographics include a population of 51,437 within five miles earning $51,759 as the median household income. The average daily traffic count is 31,000 vehicles. Opening is slated for next summer. For more information, contact Ed Gerwig, National Commercial Brokers, Inc., 75 Second Avenue, Suite 315, Needham, MA 02494; 781-453-0360, Fax 781-453-0390; Email: ed@nationalcommercial.com; Web site: www.nationalcommercial.com. |