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Home-Related Chains Expand Nationwide
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| Home-Related Chains Expand Nationwide Raymour & Flanigan Furniture operates 74 locations throughout CT, DE, MA, NJ, NY, PA and RI. The home furnishings stores, selling furniture and bedding, occupy spaces of 40,000 sq.ft. to 70,000 sq.ft. in power and strip centers as well as freestanding locations. Plans call for 12 openings throughout southern and western CT, DE and northern and central NJ, along with Westchester County and Long Island, NY and the Philadelphia, PA metropolitan area during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 150,000 within a seven-mile radius earning an average household income of $45,000. A land area of 2.5 acres is required for freestanding units. For more information, contact Scott Milnamow, Raymour &
Flanigan Furniture, PO Box 220, Liverpool, NY 13088; 315-453-2590, Fax
315-453-2570; Fairview Millwork, Inc. trades as Fairview Millwork at five locations throughout MA and NH. The home improvement stores, featuring kitchen showrooms, occupy spaces of 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the South Yarmouth, MA metropolitan area during the coming 18 months. For more information, contact John Mahoney, Sr., Fairview
Millwork, Inc., 100 Pearl Street, Bridgewater, MA 02324; 508-697-6128, Fax
508-697-8190; Hunt Country Furniture operates four locations throughout MA, NY and PA. The home furnishings stores, featuring a fully furnished model home with attached showroom, occupy spaces of 7,000 sq.ft. to 8,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout central and eastern NY during the coming 18 months. For more information, contact Tom Coons, Hunt Country
Furniture, 16 Dog Tail Corners Road, Wingdale, NY 12594; 845-832-6601; Rocky’s Hardware & Home Center operates 32 locations
throughout CT, FL, MA, NH and RI. The home improvement stores, selling hardware
and building materials, occupy spaces of 14,000 sq.ft. to 17,000 sq.ft. in strip
centers and freestanding locations. Growth opportunities are sought throughout
the existing markets during the coming 18 months. Typical leases run 10 years
with two, five-year options. A vanilla shell and specific improvements are
required. Competitors include Home Depot and Lowe’s Home Improvement.
Preferred demographics include a population of 25,000 within a two-mile radius
earning an average household income For more information, contact Rocco Falcone, Rocky’s Hardware
& Home Center, 40 Island Pond Road, Springfield, MA 01118; 413-781-1650 Ext.
300, Fax 413-731-5173; Grand Piano and Furniture, Inc. trades as Grand Home Furnishings at 16 locations throughout TN, VA and WV. The home furnishings stores, selling middle- to high-end furniture, home electronics and appliances, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout VA and WV during the coming 18 months. For more information, contact Randy Lunde, Grand Piano and
Furniture, Inc., 4235 Electric Road Southwest, Suite 100, Roanoke, VA 24018;
540-776-7000, Fax 540-777-6574; HomeGoods operates 270 locations nationwide. The home furnishings stores occupy spaces of 25,000 sq.ft. in power and community centers. Growth opportunities are sought throughout Orlando and Tampa Bay, FL during the coming 18 months, with representation by Colliers Arnold. Preferred demographics include a population of 100,000 within the regional trade area earning an average household income of $55,000. Mattress Firm operates over 400 locations nationwide. The specialty mattress retailer occupies spaces of 4,000 sq.ft. to 6,000 sq.ft. in endcaps and outparcels of strip centers. Growth opportunities are sought throughout southeastern FL during the coming 18 months, with representation by Colliers Arnold. The company prefers sites with high visibility. Elegant & Outdoors operates one location throughout IN. The home furnishing store, selling high-end outdoor furniture, occupies spaces of 6,000 sq.ft. to 8,000 sq.ft. in strip centers along with freestanding locations. Growth opportunities are sought throughout Hillsborough and Pinellas counties, FL during the coming 18 months, with representation by Colliers Arnold. Preferred demographics include a trade-area population earning an average household income of $70,000. Rooms To Go trades as Rooms To Go and Rooms To Go Beds at 150 locations throughout AL, FL, GA, LA, MS, NC, SC, TN, TX and Puerto Rico. The home furnishings stores occupy spaces of 6,000 sq.ft. to 39,000 sq.ft. inline and on endcaps of strip centers along with freestanding locations. Growth opportunities are sought throughout western FL during the coming 18 months, with representation by Colliers Arnold. For more information, contact Jim Kovacs or Garrett Williams,
Colliers Arnold, 4350 West Cypress Avenue, Suite 300, Tampa, FL 33607;
813-221-2290. For more information regarding Mattress Firm, contact Jeremy Kral
or Jim Roberts; Bill’s Carpet Fair, Inc. trades as Bill’s Carpet Fair at seven locations throughout MD and VA. The home improvement stores, selling carpet and other flooring surfaces, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in strip centers as well as freestanding locations. Growth opportunities are sought throughout Lancaster, Mechanicsburg and York, PA, as well as the existing markets, during the coming 18 months. For more information, contact Ruben Schechman, Bill’s Carpet
Fair, Inc., 7100 Rutherford Road, Baltimore, MD 21244; 410-298-5800, Fax
410-298-5049; Ace Hardware operates 4,600 locations nationwide. The home improvement stores, selling hardware and building supplies, occupy spaces of 11,500 sq.ft. to 14,500 sq.ft. in endcaps of strip centers along with freestanding locations. Growth opportunities are sought throughout the Atlanta, GA; Louisville, KY; New Orleans, LA; Charlotte, NC and Memphis, TN metropolitan areas during the coming 18 months. The company will consider build-to-suits and leasing in addition to acquiring sites. Additional growth opportunities are sought throughout NJ and southeastern PA, using spaces of 10,000 sq.ft. to 12,000 sq.ft. in neighborhood and community centers, with representation by Legend Properties, Inc. For more information, contact Robert Nease, Ace Hardware,
5224 Three Notch Road, Ringgold, GA 30736; 423-314-6042; For additional information regarding NJ and southeastern PA expansion, contact David DePetris, Legend Properties, Inc., 625 West Ridge Pike, Suite A-107, Conshohocken, PA 19248-1180; 610-941-4034, Fax 610-941-4038; Web site: www.acehardware.com. Stine Lumber Co. operates 11 locations throughout LA and MS. The home improvement centers occupy spaces of 45,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 10 acres is required. For more information, contact Gary Stine, Stine Lumber Co., 1509 Huntington Street, Sulphur, LA 70663; 337-527-0121, Fax 337-528-8267. Mattress Giant Corp. trades as Mattress Giant at 285 locations throughout central and southern FL, MA, MN, MO and NJ as well as the Baltimore, MD; Philadelphia, PA and Dallas and Houston, TX metropolitan areas. The home furnishings stores, selling mattresses, occupy spaces of 4,000 sq.ft. to 4,800 sq.ft. in lifestyle, power and specialty centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years and turnkey is required. Preferred cotenants include Bed Bath & Beyond, JCPenney, Target, Kohl’s, T.J. Maxx, Home Depot and Wal*Mart. Preferred demographics include a population of 50,000 within a five-mile radius earning an average household income of $50,000. Competitors include Mattress Firm and Sleepy’s. For more information, contact Sam Cantey, Mattress Giant Corp., 14665 Midway Road, Suite 100, Addison, TX 75001; 972-392-2202, Fax 972-770-0168. |