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New Construction
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New Construction Courtelis Co. is preleasing The Brooks Town Center, an 80,000 sq.ft. center situated on 9.9 acres at the intersection of Coconut Road and Three Oaks Parkway in Estero, FL. Junior anchor and shop spaces are available along with an outparcel and a bank pad site. The center is anchored by Sweetbay Supermarket. Area retail includes Publix, Ace Hardware, Winn-Dixie, Radio Shack, Albertsons, Lowe’s Home Improvement, Best Buy, Bed Bath & Beyond, Dillard’s, Muvico Theaters, Target and Stein Mart. Area demographics include a population of 53,904 within a five-mile radius earning an average household income of $92,494. The company is also preleasing phase one of La Piazza at Ave Maria, a mixed-use center situated on 25 acres along Ave Maria Boulevard in Ave Maria, FL. Phase one includes a 75,000 sq.ft. retail component along with residential and office components. Area demographics include a trade-area population of 33,000 earning an average household income of $49,202. For more information, contact Courtelis Co., 703 Waterford
Way, Suite 800, Miami, FL 33126; 888-859-1100 or 305-261-4330, Fax 305-261-4338;
KBM Commercial Properties is preleasing Smokies Station, a 765,000 sq.ft. Bass Pro Shops-anchored mixed-use development located along Interstate 40 at Exit 407 in Sevierville, TN. Pad sites are available. Area demographics include a population of 113,228 within a 10-mile radius earning an average household income of $53,129. The center is slated to open during the summer of 2008. The company is also preleasing Hamilton Place Town Centre, a 181,700 sq.ft. center located at the intersection of State of Franklin Road and Med Tech Parkway in Johnson City, TN. Area demographics include a population of 137,536 within a 10-mile radius earning an average household income of $53,115. The center is slated to open during the spring of 2008. The company is also preleasing Allensville Square, a 421,931 sq.ft. Home Depot-anchored power center located along Highway 66/Winfield Dunn Parkway in Sevierville, TN. Area demographics include a population of 64,282 within a 10-mile radius earning an average household income of $51,157. For more information, contact KD Moore or Robert Broglia, KBM
Commercial Properties, 109 Meadow View Road, Suite 1, Bristol, TN 37620;
423-968-3321; Warren Commercial Real Estate, in a joint venture with Batson Cook Development, is developing Cleveland Towne Center, a 350,000 sq.ft. center located along Interstate 75 in Cleveland, TN. The center is anchored by Target, Kohl’s, Books-A-Million, Michaels, Ross Dress for Less, Bed Bath & Beyond and Circuit City. The center is slated to open during the spring of 2008. For more information, contact Phil Warren, Jr., Warren
Commercial Real Estate, 5217 Maryland Way, Suite 300, Brentwood, TN 37027;
615-309-0781 Ext. 101, Fax 615-309-0784; Holladay Properties is developing The Shops at Winding Brook, a 300-acre mixed-use development located at the intersection of Lewistown Road and Interstate 95 in Richmond, VA. The center is anchored by Bass Pro Shops. Area demographics include a trade-area population of 194,119 earning an average household income of $60,749. The average daily traffic count is 131,000 vehicles. For details, contact Holladay Properties, 155 Tri County
Parkway, Suite 220, Cincinnati, OH 45246; 513-772-3415, Fax 513-772-3698; Paran Management Co., Ltd. is preleasing Forest Park, a 475,122 sq.ft. development situated on 52 acres along Main Street in Dayton, OH. The project will feature retail, civic, office and residential components. Area demographics include a population of 179,446 within a five-mile radius earning an average household income of $45,894. The average daily traffic count is 35,000 vehicles. For more information, contact Richard Surovi, Paran
Management Co., Ltd., 2720 Van Aken Boulevard, Suite 200, Cleveland, OH 44120;
800-888-5663 or 216-921-5663; Trammell Crow Co. is developing Posner Commons Shopping Center, a 600,000 sq.ft. center located at the intersection of Interstate 4 and U.S. Highway 27 in Polk County, FL. The center is anchored by Target, JCPenney, Belk, Dick’s Sporting Goods, Best Buy, Staples, Ross Dress for Less, Michaels, PetSmart and Books-A-Million. For more information, contact Trammell Crow Center, 2001 Ross
Avenue, Suite 3400, Dallas, TX 75201; 214-863-4102, Fax 214-863-3138; First Rockford Group is preleasing Machesney Crossings, a 250,000 sq.ft. development situated on 21 acres at the intersection of Illinois Route 173 and Highway 251 in Machesney Park, IL. Shop spaces from 1,600 sq.ft. to 11,790 sq.ft. are available. Cotenants include T.J. Maxx, Michaels, OfficeMax, Famous Footwear, Fashion Bug and Maurices. Area demographics include a population of 83,098 within a five-mile radius earning an average household income of $75,638. The average daily traffic count is 52,095 vehicles. For details, contact Marc Strauss, First Rockford Group;
815-229-3000; Weingarten Realty is developing phase one of Deltona Village, an 80-acre development located at the intersection of Interstate 4 and Grave Road in Deltona, FL. Phase one will include a 200,000 sq.ft. grocery-anchored center with a 16-screen Epic Theatre. Area demographics include a population of 99,832 within a five-mile radius earning an average household income of $52,347. For more information, contact Terry Marks, Weingarten Realty, 601-C North Bumby Avenue, Orlando, FL 32803; 407-563-1134 or 800-816-3791, Fax 407-894-3430. NewMark Merrill Cos. is preleasing Thousand Oaks Marketplace, a 110,000 sq.ft. center located at the intersection of Ventu Park Road and Highway 101 in Thousand Oaks, CA. Area demographics include a population of 64,679 within a three-mile radius earning an average household income of $101,680. The average daily traffic count is 41,600 vehicles. For more information, contact Brad Pearl or Darren Bovard,
NewMark Merrill Cos., 5850 Canoga Avenue, Suite 650, Woodland Hills, CA 91367;
818-710-6100, Fax 818-710-6116; Colliers Abood Wood-Fay is developing Landmark at Doral, a phased mixed-use center located in Doral, FL. Phase one consists of a residential component and phase two is a lifestyle center featuring a 100,000 sq.ft. retail component along with office and residential components. Area demographics include a population of 37,665 within a three-mile radius earning a median household income of $73,660. For more information, contact Achikam Yogev or Micky Hooks, Colliers Abood Wood-Fay, 95 Merrick Way, Suite 380, Coral Gables, FL 33134; 305-446-0011.
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