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New Construction
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New Construction KLNB Retail is preleasing Pender Village Center, a 324,279 sq.ft. mixed-use development with a 94,952 sq.ft. retail component located at the intersection of Route 50 and Fair Ridge Drive in Fairfax, VA. The center is anchored by Harris Teeter and cotenants include T-Mobile, Divine Spa, Spicy Pickle, Robeks and Chevy Chase Bank. Area retail includes Fairfax Towne Center, featuring Safeway, Bed Bath & Beyond, T.J. Maxx, Panera Bread, Regal Cinemas, Sprint, BB&T, Moby Dick House of Kabob, Palm Beach Tan, Hair Cuttery, Parcel Plus and Baja Fresh; Fair Lakes Promenade, featuring California Tortilla, Macaroni Grill, Barnes & Noble, Old Navy, Silver Diner, Ritz Camera, Comp USA, Linens ‘N Things, Men’s Wearhouse and T.G.I. Friday’s, and Fair Oaks Mall, featuring Sears, Lord & Taylor, JCPenney and Macy’s. Area demographics include a population of 73,760 within a three-mile radius earning a median household income of $109,534. The average daily traffic count is 80,000 vehicles. The asking rent ranges from $45 psf NNN to $50 psf NNN. The center is slated to open during the second quarter of 2008. For more information, contact Craig Cheney or Dallon Cheney,
KLNB Retail, 8000 Towers Crescent Drive, Suite 1070, Vienna, VA 22182;
703-852-3170/3163; Synergy Retail Group is preleasing Becker Crossings, a 9.5-acre development located at the intersection of Becker Road and Port St. Lucie Boulevard in Port St. Lucie, FL. Outlots are available. Opening is slated for 2008. The company is also preleasing Coral Landings II and Coral Landings III, located at the intersection of Sample Road and U.S. 441 in Coral Springs, FL. Coral Landings II is a 120,000 sq.ft. Publix-anchored center. Cotenants include Pearle Vision and Starbucks. Coral Landings III is a 180,000 sq.ft. center anchored by Best Buy, HomeGoods, A.C. Moore and Petco. Cotenants include Ulta, Mattress Firm and Commerce Bank. Area retail includes Lowe’s Home Improvement, Wal*Mart Supercenter, Burlington Coat Factory, Circuit City and Target. Area demographics include a population of 371,015 within a five-mile radius earning an average household income of $66,223. The average daily traffic count is 88,000 vehicles. Coral Landings II is scheduled to open later this year. For more information regarding Becker Crossings, contact Melody Spano, Synergy Retail Group; 561-395-3303. For more information regarding Coral Landings II and Coral Landings III, contact Denise Leyendecker; 561-395-4143. Faison is preleasing South Lakeland Village Plaza, a 200,000 sq.ft. center located at the intersection of State Highway 37 and County Road 540A in Lakeland, FL. Shop space of 7,200 sq.ft. is available along with a 1.02-acre outlot. The center is anchored by Home Depot. Cotenants include Bob Evans and AmSouth Bank. Area demographics include a population of 132,408 within a five-mile radius earning an average household income of $58,709. The average daily traffic count is 39,000 vehicles. For details, contact Chuck Bludworth or Philip Greenwald,
Faison, 200 East New England Avenue, Suite 350, Winter Park, FL 32789;
407-781-2502/2504, Fax 407-781-2518; Winick Realty Group, LLC is preleasing a mixed-use development located at the intersection of Sixth Avenue and West 32nd Street in New York, NY. Ground floor space of 9,800 sq.ft. is available along with 5,000 sq.ft. of mezzanine space, 16,300 sq.ft. of second floor space and 16,500 sq.ft. of third floor space. Area retail includes Starbucks, Brookstone, The Body Shop, The Children’s Place, Foot Locker, Aeropostale, Enzo Angiolini, Express, Bank of America, Payless ShoeSource, Old Navy, H&M, Macy’s and Tourneau. Area draws include Madison Square Garden. The project is slated to open during the second quarter of 2008. For more information, contact Benjamin Fox or Amanda Scoblick,
Winick Realty Group, LLC, 655 Third Avenue, 8th Floor, New York, NY
10017; 212-792-2605/2603, Fax 212-792-2660; Trachman Indevco, LLC is preleasing Citrus Crossing, a 23-acre mixed-use development with 175,000 sq.ft. of retail space located at the intersection of Citrus Avenue and Alosta Avenue in Azusa, CA. Shop space and a restaurant pad site are available. Cotenants include Ross Dress for Less, CVS, 99 Cents Only, Kragen Auto Parts, Regency Theatres, Tesco’s Fresh & Easy, Panda Express, Starbucks and Jamba Juice. The center is slated to open during the fall of 2008. For more information, contact Andrew Trachman or Emmet
Albergotti, Trachman Indevco, LLC, 1801 Century Park East, Suite 1040, Los
Angeles, CA 90067; 310-789-3888 Ext. 222/238, Fax 310-789-3889; Vornado Realty Trust is developing Waterside Place, a mixed-use project located along Congress Street in Boston, MA. A 640,000 sq.ft. retail component will join a 300-room hotel and a 209-unit residential component. Area draws include the Boston Convention and Exhibition Center. Opening is slated for late 2011. For more information, contact Vornado Realty Trust, 888
Seventh Avenue, New York, NY 10019; 212-894-7000, Fax 212-894-7995; JBG Rosenfield Realty is preleasing North Bethesda Market, a 600,000 sq.ft. mixed-use development with a 220,000 sq.ft. retail component located at the intersection of Rockville Pike and Executive Boulevard in North Bethesda, MD. The center is anchored by LA Fitness. For more information, contact JBG Rosenfeld Retail, 4445
Willard Avenue, Suite 700, Chevy Chase, MD 20815; 301-657-0700; Goddard Development Partners is preleasing The Marketplace at Newburgh, an 850,000 sq.ft. mixed-use center situated on 138 acres at the intersection of Interstate 84 and Interstate 87 in Orange County, NY. For more information, contact Alan Zuckerman or Donna
Goddard, Goddard Development Partners, 145 Otterkill Road, Mountainville, NY
10953; 845-534-0100; NAI Capital is developing El Monte Transit Village, a 60-acre mixed-use center located at the intersection of Interstate 10 and Santa Anita Boulevard in El Monte, CA. The project will feature residential, office and hospitality components along with a 560,000 sq.ft. retail component. Area draws include the El Monte Bus Hub. For more information, contact Luis Valenzuela, NAI Capital,
400 Citadel Drive, Suite 150, Commerce, CA 90040; 323-201-3600; Cushman & Wakefield is preleasing a 410,000 sq.ft.
mixed-use development with a 15,000 sq.ft. retail component located along Hudson
Street in New York, NY. For more information, contact Andrew Peretz or Robert Constable, Cushman & Wakefield, 51 West 52nd Street, New York, NY 10019-6178; 212-841-7500, Fax 212-841-5002. |