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The
Dealmakers Issue Number 8 for the week of March 10, 1995 Apparel
Retailers Expand Nationwide Top
Hat Tuxedo operates eight locations in Indiana. The
stores occupy spaces of 1,200 sq.ft. in freestanding facilities and regional malls, while
specializing in formalwear. Growth
opportunities are sought in its existing market. Leases
running 10 years are typical. For more information, contact James Belt, Top Hat
Tuxedo, 938 E. Georgia, Indianapolis, IN 46202; 317-639-6060, Fax 639-6709. United
Merchants & Manufacturers trades as Jonathan Logan at 31 locations nationwide. The women's apparel stores occupy spaces of 3,000
sq.ft. to 8,000 sq.ft. in malls, outlet and strip centers.
Plans call for one opening in the coming 18 months.
Expansion will take place in PA. For more information, contact Thomas Hagmeyer,
United Merchants & Manufacturers, 980 6th Avenue Third Floor, New York, NY 10018;
212-967-6250, Fax 465-3920. Block
Industries trades as Nino Cerreti Sport, Big Daddy Long Legs and J. Kahns at five
locations in MI, PA, SC and VA. The stores
carry street and activewear for men at moderate prices.
Spaces of 2,500 sq.ft. are used in outlet centers.
Plans call for two openings in the coming 18 months.
Expansion will take place in its existing markets. For more information, contact Michael Silver,
Block Industries, PO Box 420, Wilmington, NC 28402; 910-392-2100, Fax 791-6691. House
of Bargains/Kid Spot trades as Kid Spot at 55 locations in PA, DE, NJ, MI, IL and IN. The children's apparel stores occupy spaces of
4,000 sq.ft. to 5,000 sq.ft. in strip centers. Preferred
anchor tenants include Wal*Mart and Kmart. Plans
call for eight openings in the coming 18 months. Expansion
will take place in MI, IL and OH. Demographic
requirements include a population of 110,000 in the primary trading area earning $35,000
as the average income. The company typically
signs a five-year lease with two options of five years. For more information, contact Jack Healy, House of
Bargains/Kid Spot, 70 Portland Road, West Conshohocken, PA 19428; 610-834-1600, Fax
834-0942. The
Tall Girl Shop Ltd. trades as Tall Girl at 34 locations in IL, MI, VA, IN, OH, PA, MN and
Canada. The stores specialize in apparel and
accessories for tall women. Spaces of 2,100
sq.ft. to 3,000 sq.ft. are used in power centers and regional malls. Preferred anchor tenants include Nordstroms and
Lord & Taylor. Plans call for the
opening of four units in the coming 18 months. Expansion
will take place in the Eastern United States. Demographic
requirements include 500,000 people in a 10-mile radius earning $55,000 as the average
income. The company usually signs a five-year
lease. For more information, contact Jim Killin, The Tall
Girl Shop Ltd., 380 Brunel Road, Mississauga, ON, Canada L4Z 2C2; 905-890-2430, Fax
890-2815. TJX
Companies, Inc. trades as Hit or Miss at 495 locations nationwide. The women's apparel stores occupy spaces of 3,600
sq.ft. in downtown store fronts, strip and outlet centers.
Plans call for 30 openings in the coming 18 months.
Expansion in the outlet centers will take place nationwide, while new locations in
the strip center stores are sought on the East Coast.
Demographic requirements include a population of 100,000 within three miles earning
an average income of $25,000 to $40,000. The
company typically signs a five-year lease. For more information, contact Gary J. Habsburg,
TJX Companies, Inc., 100 Campanelli Parkway, Stoughton, MA 02072; 617-344-0800, 344-4980. Big M,
Inc. trades as Annie Sez at 35 locations in NY, NJ, CT, PA, VA, DE and MD. The discount women's apparel stores occupy spaces
of 12,000 sq.ft. in freestanding facilities and strip centers. Preferred anchor tenants include supermarkets. Growth opportunities are sought in NJ, NY, CT, MD
and DE. Demographic requirements include a
three-mile population of 100,000 earning an average of $50,000. For more information, contact Kenneth
Mandelbaum, Big M, Inc., 12 Vreeland Avenue, Totowa, NJ 07512; 201-890-0021, Fax
201-890-5994. Real
Estate Professionals Making News Midland
Development Group, Inc. (314-576-1900) announces the opening of its Raleigh, NC office,
the company's fifth location. The Raleigh
office will be under the direction of Senior Vice President John I. Silverman. Jeffrey M. Vittert will assist Silverman at the
Raleigh office. Paulette
B. Peltz has joined Charter Oaks Partners (703-905-4400) as Vice President, Legal. She will be responsible for overseeing the daily
operation of the legal department and supervising outside counsel for contract and lease
review and negotiations. Jeff
Kuchman, vice president of Mid-America Real Estate Corp. (708-954-7300) has been named
"1994 Broker of the Year" by the parent Mid-America Real Estate Group. During 1994, Kuchman was involved in representing
retailers in leasing over 750,000 sq.ft. Jennifer
Barr has been named a sales consultant at Metro Commercial Real Estate, Inc.
(609-866-1900). At Metro Commercial, she will
specialize in landlord representation. James
C. Auther has joined the retail properties division of Grubb & Ellis' Newport Beach
office (714-937-0881). Auther comes to Grub
& Ellis from Lee & Associates, where he worked since 1984 specializing in the sale
and leasing of retail projects. In addition,
John G. Orrico, Senior Vice President and District Manager of the New Jersey operations
for Grubb & Ellis, recently announced the appointment of John W. Beers, who has joined
as a Vice President with the company, specializing in the sale and leasing of commercial
and industrial buildings, as well as the sale and subdivision of raw land. Petland
(614-775-2464), a 140-plus chain of pet supply stores, announced the addition of Stanley
E. Michnowicz as director of real estate. Marc
Betesh, President of Kislak Lease Services (908-750-4500), headquartered in Woodbridge,
NJ, announced the expansion of the company's services to the New England region with the
opening of a branch office in Boston. Jane
Lemek will serve as Regional Manager at the Boston office. First
Union Management, Inc. (216-781-4030), the property management affiliate of First Union
Real Estate Investments, announced the appointment of Gary D. McEnteer, William A. Robbins
and Donald S. Simpson as leasing representatives for the company. John
R. Isaac Jr. resigned from Value Merchants, Inc. after his proposed salary as an officer
of the reorganized company was disputed by a judge and creditors in the corporation's
bankruptcy proceedings. Issac will become president and chief operating office of
Rent-A-Center U.S.A. in Wichita, KS, but will retain his seat on the Value Merchants
board. Deborah
A. Lerner, CSM, CPM of United Realty Management Corp. (305-452-7400), recently received
the Certified Property Manager (CPM) designation at a meeting of the Institute of Real
Estate Management (IREM). Lease
Signings Neal
Realty & Investments, Inc. (305-568-0530) leased 1,200 sq.ft. to the Hair Cuttery at
North Lauderdale Wal*Mart Center in North Lauderdale, FL.
The company also leased 900 sq.ft. to Pak Mail at the Seawalk Pointe Wal*Mart
Shopping Center in Hallandale, FL. Terranomics
(415-474-6100) leased 2,150 sq.ft. to Schlotzsky's Deli on Telegraph Avenue in Berkeley,
CA. The company also leased 4,342 sq.ft. to
Payless Shoe Source at Sonora Crossroads in Sonora, CA. KLNB,
Inc. (410-321-0100) leased 20,000 sq.ft. to Valu Foods at the Ames Edgewood Shopping
Center in Harford County, MD. The company
also leased 2,256 sq.ft. to Lasting Paints, Inc. at Earleigh Heights Shopping Plaza in
Severna Park, MD and 1,875 sq.ft. to Diet Center at the ValuFood Festival Shopping Center
in Severna Park. Breslin
Realty (516-741-7400) leased 39,000 sq.ft. to Nobody Beats The Wiz Home Entertainment
Center at the intersection of Johnson Avenue and Sunrise Highway in Sayville, NY. The Wiz joins Kmart, Sports Authority, Borders
Books, Office Max, Marshalls and King Kullen in the 500,000 sq.ft. project. The company also brokered two deals with Pet
Stuff, Inc. Pet Stuff's new locations will be
at 2975 Hempstead Turnpike, Levittown, NY and in the South Bay Commons Shopping Center,
West Islip, NY. Each location will occupy
20,000 sq.ft. Breslin Realty also leased
8,250 sq.ft. to Boaters World Discount Marine Centers in the Today's Man/Giant Center in
Carle Place, Long Island, NY. Hicks
& Rotner Associates, Inc. (301-823-4250) brokered a deal with Checkers Drive-in
Restaurants, Inc. taking 16,373 sq.ft. at the Middlesex Shopping Center in Essex, MD. The company also brokered a deal with Household
Financial Corp. taking 1,500 sq.ft. at the Golden Mile Marketplace in Frederick, MD. Glimcher
Group. Inc. (412-765-3333) brokered a deal with Play It Again Sports taking 4,000 sq.ft.
at the Hermitage Hills Plaza in Sharon, PA. The
200,000 sq.ft. project is anchored by Hills, Heilig-Meyers, Stambaugh-Thompson,
Rent-A-Center, Goodwill and Sally Beauty Supply. Schultz
Properties, Inc. (904-354-1789) leased 1,200 sq.ft. to Eye See You at Crown Point Plaza in
Jacksonville, FL. Legend
Properties, Inc. (609-231-1010) leased 25,000 sq.ft. to Silo at Riverview Place in
Philadelphia. The company also leased space
to Silo in Montgomeryville and Lancaster, PA. Legend
Properties leased 10,000 sq.ft. to Mandees at the Lumberton Plaza in Lumberton, NJ and
10,000 sq.ft. at Ivy Ridge Shopping Center in Roxborough, PA. Legend Properties also leased 22,000 sq.ft. to
Sears Hardware for a store on Oxford Valley Road in Bristol Township, PA in addition to a
location at the Marketplace in Huntington Valley, PA. Metro
Commercial Real Estate, Inc. (609-866-1900) leased 60,994 sq.ft. to Acme Supermarket in
Main Tree Shopping Center in Vineland, NJ. Space
Place California Lakeport- Willow Tree Plaza is anchored by Safeway. The 123,853 sq.ft. project has a 4,000 sq.ft. pad
site available and up to 12,000 sq.ft. of contiguous shop space available. The site fronts 11th Street. Demographics include a trade area population of
73,000 with an average family income of $25,000. The
daily traffic count on 11th Street is 10,000 cars. Travel
and tourism account for 11% of consumer spending. For details, contact Liz Hemsted of Menlo
Management Company at (916-547-3705), Fax (365-0451). Connecticut Orange- Barnes & Noble Center is anchored by Barnes
& Noble. A space of 4,500 sq.ft. is
available. The site fronts Boston Post Road. Demographics include a population of 181,000
within five miles. Also in Orange, Contempo
Center is anchored by Circuit City, Beaux Visage and Nutri-System. Spaces of 6,500 sq.ft. and 15,000 sq.ft. are
available for lease. The site fronts Post
Road. Demographics include a population of
181,000 within five miles. For details, contact Stan Klein of Colonial
Properties, Inc. at (203-795-8060), Fax (795-8046). Maryland Harford
County- Edgewater Village Shopping Center is
anchored by Giant Food, Rite Aid and Fashion Bug. The
150,000 sq.ft. project has a 9,600 sq.ft. space available for lease. The site fronts Route 40. Demographics include a five-mile population of
62,000 with an average household income of $45,129. For details, contact Paul J. Burt of The Cordish
Company at (410-752-5444), Fax (659-9491). Michigan Jackson- Space is available in a 300,000 sq.ft. strip
center to be developed at the intersection of I-94 and US 127. The site is located near Jackson Crossing Mall. For details, contact Tom Snyder of Continental
Properties at (810-657-2422). Jackson- Jackson Crossing is anchored by Sears, Target and
Toys 'R Us. The 619,000 sq.ft. enclosed
regional center has spaces of 30,000 sq.ft. and 65,000 sq.ft. available for lease. The site is located at the intersection of US 127
and I-94. In Waterford, Summit Place Mall is
anchored by Hudson's, Sears, J.C. Penney, Kohl's and Montgomery Ward. The 1.4 million sq.ft. mall has 50,000 sq.ft.
available for lease. The site is located at
the intersection of Elizabeth Lake Road and Telegraph Road. For details, contact Ed Eickhoff of
Ramco-Gershenson, Inc. at (810-350-9900). New
Jersey Roxbury
Township- Roxbury MarketPlace is a 120,000
sq.ft. project to be developed on Route 10 near the Ledgewood and Roxbury Malls. Nearby tenants include Home Depot, Barnes &
Noble, Marshalls and The Wiz. Spaces for
anchor tenants are available. Demographics
include a five-mile population of 86,000 with an average household income of $74,300. For details, contact Peter Nizwantowski of I.J.
Barkan, Inc. at (617-521-8700), Fax (521-8770). Virginia Alexandria- A 300,000 sq.ft. power center has space of 2,500
sq.ft. currently available. An addition
25,000 sq.ft. will be available by mid summer. The
site fronts Route 1. For details, contact Kevin Adams of Metropolitan
Asset Management Co., Inc. at (703-799-0999), Fax (799-2266). Who's
Opening And Where McAlpin's
(513-881-8000) a division of The Mercantile Stores, operates 23 stores in IN, KY and OH. Spaces of 40,000 sq.ft. are used in malls and
downtown locations. The company plans to open
a store at the Dayton Mall in Dayton, OH during 1996. Fry's
Electronics (???-????) plans to open a 114,000 sq.ft. store in Northridge, CA this month. The company is also scouting Glendale, CA for a
location. Cineplex
Odeon (416-323-6600) plans to open a 16-screen movie theater in Seattle, WA during the
spring of 1996. The company also plans to
open a 14-screen theater and video game center at The Summit in Bellevue, WA. Ethan
Allen (203-743-8000) recently opened a 10,000 sq.ft. home furnishings store in Boca Raton,
FL. Target
(612-335-5200) plans to open a 186,200 sq.ft. superstore next year at the South Towne
Center Marketplace shopping center in Sandy, UT. Other
tenants in the 318,380 sq.ft. project include Barnes & Noble, Gap Old Navy Clothing
Gart Brothers and TJ Maxx. Chevys
Mexican Restaurants (415-546-1200) plans to open two restaurants, one in Arlington, VA and
one in Greenbelt, MD, this month. The
company plans to open three more restaurants in the Washington, D.C. area by 1998. FAO
Schwartz (212-644-9410) plans to open a 12,000 sq.ft. store at The Westchester in White
Plains, NY this month. Macy's
(212-494-4079) plans to open an 80,000 sq.ft. home store at the MarketPlace at River Park
in Fresno, CA this year. KG
Men/Denim Works (303-671-4600) operates 78 clothing stores in the Midwest and Pacific
regions. The stores use spaces of 4,500
sq.ft. to 6,000 sq.ft. in malls. The company
plans to open a new concept store, which will offer casual denim items for men, women and
children, at the Villa Italia Mall in Lakewood, CO this month. West
Coast Entertainment (215-677-1000) plans to open a store in Lima, Peru this summer. Other locations are being planned in Bolivia,
Venezuela, Ecuador and Colombia. Wal*Mart
(501-273-4000) plans to open a 93,000 sq.ft. store on Route 202-31 in Hunterdon County, NJ
in early 1996. The store will include a
McDonald's restaurant. Construction is
expected to begin this summer. Recreational
Equipment, Inc. (206-395-5956) plans to open a 98,863 sq.ft. store in Seattle, WA in
spring of 1996. The two-story building will
house five distinct outdoor gear specialty shops offering equipment and services and
repair shops for bicycles and skis, as well as an outdoor equipment rental department on
the first floor. The second floor will house
footwear, clothing and outerwear related to REI's outdoor specialty shops, repair services
for outdoor equipment and clothing, a 100-seat cafe, a 250-seat presentation room, a
children's play area and a trip planning center. The
site will also include a 65-foot high indoor rock climbing structure. Walgreen
Co. (708-940-2500) plans to open three stores in Colorado this year. Each store is expected to be a 13,500 sq.ft.
freestanding facility. Walgreen's operates
2,025 units in 30 states. Buyers
and Sellers of Commercial Properties First
Washington Realty Trust plans to acquire Festival at Woodholme Shopping Center in
Baltimore, MD for $14.8 million. The closing
is expected next month. For details, contact First Washington Realty Trust
at (301-907-7800). Sheldon
Good & Company will conduct an auction of commercial properties in New Jersey, New
York and Pennsylvania during May. Two retail
properties in Smithville, NJ will be included in the auction. The first is the 101,780 sq.ft. Smithville
Shopping Center anchored by CVS and Shop 'N Bag. The
second is the 32,631 sq.ft. shopping center located at 615 Moss Mill Road. The properties are being auction on behalf of
Starbare Associates, a subsidiary of Roseland Property Company. For details, contact Sheldon Good & Company at
(908-231-0110). Kranzco
Realty Trust is looking to purchase strip centers having at least one anchor tenant and
GLAs exceeding 100,000 sq.ft. with expansion possibilities.
The geographic region of interest is east of the Ohio River and north of the
Virginia Tidewater area. Packages or multiple
centers are preferred. For details, contact J. Michael Warrington of
Kranzco Realty Trust at (610-941-9292), Fax (610-941-9193). CB
Commercial, Inc. has the listing to sell Forest Fair Mall in Cincinnati, OH on behalf of
FFM Limited Partnership. The mall is 1.4
million sq.ft. and anchored by Elder-Beerman, Parisian, Bigg's, Kohl's, Dawahare's and
CompUSA. Its festival entertainment complex
includes the America Live! complex, Burbank's Real Bar-B-Q, Fat Tuesday's, Cheyenne Cattle
Co., Time-Out on the Court Amusement Center and Super Saver Cinemas 8. For details, contact Jim O'Connell at CB
Commercial, Inc. at (513-369-1342), Fax (241-2291). Miller
Commercial has the listing to sell Chestnut Ridge in Kingwood, TX. The 12,000 sq.ft. center is anchored by a
convenience store and a 5,000 sq.ft. day care center.
The asking price is $775,000 based on a 10% cap. For details, contact Johnnie Roberts of Miller
Commercial at (713-629-0500), Fax (629-0504). Klaff
Realty, LP recently purchased a portfolio of four properties totaling 792,000 sq.ft. from
Kmart Corporation. The reported asking price
was $55 million. The acquisitions included a
site in Elk Grove Village, IL anchored by a 186,286 sq.ft. freestanding Super Kmart
Center; the 160,700 sq.ft. Prairie Town Center in Schaumburg, IL anchored by Kmart and Gap
Old Navy Clothing; the 220,095 sq.ft. Maple Park Place in Bolingbrook, IL anchored by
Kmart and Eagle Foods; and the 168,730 sq.ft. Atlantic Crossings Shopping Center in Coral
Springs, FL, anchored by Builder's Square, Office Max and Marshalls. For details, contact Klaff Realty, LP at
(312-360-1234). Mid-America
Real Estate Corporation and Julian Toft & Downey, Inc., brokered the sale of the
Bannockburn Green in Bannockburn, IL. The
170,479 sq.ft. shopping center is anchored by Dominick's and Walgreens. The project was purchased from a limited
partnership by LaSalle Advisors, Inc. for a public pension fund client. For details, contact Mike George of Mid-America
Real Estate Corp. at (708-954-7300). Breslin
Realty Development Corp. in cooperation with Sonnenblick-Goldman Company, brokered the
sale of the Luna Park Shopping Center in Brooklyn, NY.
The 34,132 sq.ft. center is anchored by H.I.P. of Greater New York and was sold to
a local investor for $3.1 million cash. For details, contact Breslin Realty Development
Corp. at (516-741-7400), Fax (741-7128). Millville
Guarantee Lease has the listing to sell a freestanding building in MA leased to a national
retail tenant on a net-net-net term with a 43-year lease including options. The asking price is $1.35 million based on a $9.24
cap. For details, contact Don Emas of Millville
Guaranteed Lease at (909-983-2040). Vornado
Realty Trust, a public real estate investment trust, is looking to acquire retail
properties in the Mid-Atlantic and Northeastern areas.
Properties of interest are located in major metropolitan markets and have GLAs in
excess of 150,000 sq.ft. with upside potential. The
company will also redevelop industrial space suitable for retail conversion, including
urban locations. For details, contact Todd Bassen or Mark
Silvestri of Vornado Realty Trust at (201-587-1000). Lead
Sheet Melville
Corp. dba
Accessory Lady Dan
Katz 1 The
All Road Rye,
NY 10580 914-925-4000,
Fax 925-4010 Accessories The
114-unit chain selling accessories and shoes operates locations nationwide. The stores occupy spaces of 1,650 sq.ft. to 1,700
sq.ft. in regional malls. Plans call for
five openings in the coming 18 months. Expansion
will take place nationwide. Gabriel
Brothers, Inc. Michael
K. Westover 124
West Chestnut Street Jefferson
Court Plaza Washington,
PA 15301 412-225-8080,
Fax 225-6558 Apparel The
17-unit chain, offering name brand discount clothing, operates locations in WV, OH, PA, MD
and VA. The stores occupy spaces of 45,000
sq.ft. in power and strip centers as well as freestanding facilities. Plans call for the opening of four units in the
coming 18 months. Expansion will take place
in existing markets. Demographic
requirements include a population of 150,000 in 15 miles with a per capita income of
$12,000. Maaco
Enterprises, Inc. dba
Maaco Auto Painting & Bodywork Richard
Mina 381
Brooks Road King
of Prussia, PA 19406 610-265-6606,
Fax 337-6113 Automotive The
450-unit chain operates locations throughout North America, Mexico and Puerto Rico. The stores occupy freestanding facilities of 8,000
sq.ft. to 10,000 sq.ft. Plans call for more
than 50 openings in the coming 18 months. Expansion
will take place nationwide. Demographics
include 100,000 cars within five miles and an income of $35,000 in the trade area. A 15-year lease is the norm. Fun
Shop, Inc. dba
Fun Shop Robert
Lorrey 30
West Commerce Street Shamokin,
PA 17872 717-664-3932,
Fax 644-3935 Cards
& Gifts The
five-unit chain operates locations in PA. The
stores occupy spaces of 3,000 sq.ft. in power centers and regional malls. Plans call for one opening in the coming 18
months. Expansion will take place in PA. A 10-year lease is the norm. Myron's
Hallmark Clyton
Johnson 4653
Chatsworth Street Shoreview,
MN 55126 612-482-8511,
Fax 482-8680 Cards
& Gifts The
29-unit chain operates locations in MN, WI, SD and IA.
The stores occupy spaces of 3,000 sq.ft. in regional malls, power and strip
centers. Plans call for three openings in the
coming 18 months. Expansion will take place
in existing markets. Leases running five to
10 years are typical. Bargain
Land dba
Deal Town Discounts Charles
Gelo 260
Prospect Park West Brooklyn,
NY 11215 718-965-4680,
Fax 965-0083 Discount
Store The
seven-unit chain offers general merchandise at locations in NY. The stores occupy spaces of 4,000 sq.ft. in power
and strip centers as well as freestanding facilities.
Preferred anchor tenants include supermarkets and banks. Plans call for the opening of four units in the
coming 18 months. Expansion will take place
in the existing market. Duckwall
Alco Stores, Inc. dba
Duckwall Variety Stores, Alco
Discount Stores John
E. Hedeen 401
Cottage Abilene,
KS 67410 913-263-3350,
Ext. 118, Fax 263-7531 Discount
Store The
143-unit chain operates locations in ND, SD, WY, NE, IA, KS, CO, OK, TX, AZ, AR, IL and
NM. The general merchandise stores occupy
freestanding facilities of 22,000 sq.ft. Plans
call for 30 openings in the coming 18 months. Expansion
will take place in existing markets, preferably in rural areas. Fay's
Inc. dba
Fay's Drugs Verne
Netzer 7245
Henry Clay Boulevard Liverpool,
NY 13088 315-451-8000,
Fax 451-4375 Drug
Store The
273-unit chain operates locations in NY, PA, NH and VT.
The stores occupy spaces of 12,000 sq.ft. in freestanding facilities, strip centers
and downtown locations. Preferred anchors
include grocery stores. Plans call for 20
openings in the coming 18 months. Expansion
will take place in existing markets. Demographic
requirements include a population of 25,000 within three miles. Leases running 15 years are typical. ABC
Appliance Warehouse dba
ABC Warehouse Jim
Meinershagen One
Silverdome Park Pontiac,
MI 48343 810-335-4222,
Fax 335-2568 Electronics
& Appliances The
28-unit chain operates locations in MI. The
stores occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in power centers and freestanding
facilities. Plans call for three openings in
the coming 18 months. Expansion will take
place in OH and IN. Demographic requirements
include a population of 150,000 within 30 miles earning $35,000 as the average income. Leases running five years, with options, are
typical. Great
Cookie, Ltd. dba
Great Cookie Bob
Mulfinger 45 New
Plant Court Owings
Mills, MD 21117 410-363-3370,
Fax 581-0884 Food The
11-unit chain operates locations in MD. Offering
cookies, muffins and pastries, the stores occupy spaces of 700 sq.ft. in regional malls,
power and specialty centers. Plans call for
three openings in the coming 18 months. Expansion
will take place in DE, NJ and PA. Demographic
requirements include a population of 25,000 within seven miles earning $20,000 as the
average income. Leases running seven years
are the norm. Canned
Foods, Inc. dba
Grocery Outlet Greg
Geertsen 2000
Fifth Street Berkeley,
CA 94710-1918 510-845-1999,
Fax 644-9990 Grocery
Store The
96-unit chain operates locations in CA, UT, OR, NV, WA, ID and MT. The stores occupy spaces of 20,000 sq.ft. in strip
centers and freestanding facilities. Preferred
anchor tenants include Kmart and Wal*Mart. Plans
call for 12 openings in the coming 18 months. Expansion
will take place in existing markets. Demographic
requirements include a population of 35,000 within 10 miles. Leases running five years are typical. Essentials,
Essentials Plus Stephanie
Greco c/o
Greco Consulting 22
Brook Road Tenafly,
NJ 07670 201-567-0477,
Fax 567-7770 Health
& Beauty The
six-unit chain, offering professional and nationally branded beauty products, operates
locations in CT, NJ and NY. The stores occupy
spaces of 1,700 sq.ft. to 3,000 sq.ft. in regional malls.
Preferred anchors include fashion department stores.
Plans call for three openings in the coming 18 months. Expansion will take place in existing markets. Demographic requirements include a population of
300,000 within five miles earning $35,000 as the the average income. Leases running 10 years are typical. Pearl
Artist & Craft Stores dba
Pearl Paint R.
Pearl 1033
East Oakland Park Boulevard Fort
Lauderdale, FL 33334 305-564-5700 Hobby The
17-unit chain, selling art and craft supplies, operates locations in NY, NJ, VA, MA, TX,
FL, GA, MD and CA. The stores occupy spaces
of 10,000 sq.ft. to 12,000 sq.ft. in strip centers and freestanding facilities. Plans call for three openings in the coming 18
months. Expansion will take place in CA. Demographic requirements include a population of
500,000 within five miles earning $35,000 as the average income. Leases running 20 years are typical. N.
Siperstein, Inc. dba
Siperstein Paint Oscar
Siperstein 415
Montgomery Street Jersey
City, NJ 07302 201-333-2215 Home
Center The
15-unit chain operates locations in NJ. The
stores occupy spaces of 10,000 sq.ft. Plans
call for five openings in the coming 18 months. Expansion
will take place in NJ. Curtains
& Home Steven
Greenberg c/o
The Greenberg Group 1200
W. Broadway Hewlett,
NY 11557 516-295-0406,
Fax 374-0999 Home
Furnishings The
20-unit chain, offering linens and bedding accessories, operates locations in NY and PA. The stores occupy spaces of 7,500 sq.ft. in power
and specialty centers. Preferred anchors
include women's apparel stores, drug stores, supermarkets and home furnishing stores. Plans call for five openings in the coming 18
months. Expansion will take place in existing
markets. Demographic requirements include a
population of 100,000 within three miles earning $55,000 as the average income. Leases running 15 years are typical. R.H.
Kuhn Co., Inc. dba
Freight Liquidators Furniture Michael
R. Kuhn 923
Bidwell Street Pittsburgh,
PA 15233 412-323-1300,
Fax 323-2016 Home
Furnishings The
13-unit chain, selling furniture and floor coverings, operates locations in PA, OH and WV. The stores occupy spaces of 25,000 sq.ft. to
30,000 sq.ft. in power and strip centers as well as freestanding facilities. Preferred anchor tenants include Kmart, Wal*Mart
and grocery stores. Plans call for two
openings in the coming 18 months. Expansion
will take place in OH and NY. Demographic
requirements include a population of 50,000 within five miles. Leases running five to seven years are typical. Melart
Jewelers, Inc. dba
Melart Jewelers Albert
Foer 8700
Georgia Avenue Silver
Spring, MD 20910 301-587-6880 Jewelry The
19-unit chain operates locations in MD, VA and Washington, D.C. The stores occupy spaces of 1,200 sq.ft. in
regional malls. Plans call for two openings
in the coming 18 months. Expansion will take
place in MD and VA. Leases running 10 years
are the norm. E.B.
Brown Optical Gordon
Safran 1549
East 30th Street Cleveland,
OH 44114 216-241-0474,
Fax 241-4563 Optical The
40-unit chain, selling eyeglasses, contact lenses, sunglasses and hearing aids, operates
locations in OH and PA. Spaces of 1,000
sq.ft. are used in power centers and regional malls.
Preferred anchor tenants include Lord & Taylor.
Plans call for the opening of four units in the coming 18 months. Expansion will take place in OH and PA. Demographic requirements include a population of
50,000 within five miles earning $29,000 as the average income. Leases running five years are typical. Petland,
Inc. dba
Petland Ron
Bettin PO Box
1606 195
North Hickory Street Chillicothe,
OH 45601 614-775-2464,
Fax 775-2575 Pets The
145-unit chain operates locations nationwide as well as in Canada, Mexico, France and
Japan. The stores occupy spaces of 1,000
sq.ft. to 12,000 sq.ft. in regional malls, power, strip and specialty centers. Preferred anchor tenants include Kmart, T.J. Maxx,
Wal*Mart and grocery stores. Plans call for
30 openings nationwide. Demographic
requirements include a population of 100,000 within five miles. Leases running 10 years are typical. Packaging
and Shipping Specialist Mike
Gallagher 3513
103rd Street/Ste. 104 Lubbock,
TX 79423 806-745-5588,
Fax 745-6810 Service The
244-unit chain, offering US mail and UPS shipping, high speed copying, color copying, fax
services and mail box rentals, operates locations in 33 states. The stores occupy spaces of 1,000 sq.ft. to 1,500
sq.ft. in outlet, power and strip centers. Preferred
anchor tenants include Kmart, T.J. Maxx, Wal*Mart and grocery stores. Plans call for 75 openings nationwide in the
coming 18 months. Demographic requirements
include 10,000 people within one mile earning at least $35,000 as the average income. Leases running five years are typical. C&J
Clark Retail, Inc. dba
Bostonian Harvey
J. Olsher 520
South Broad Street Kennett
Square, PA 19348 610-444-6550,
Fax 444-0832 Shoes The
60-unit chain, selling men's dress and casual shoes and accessories, operates locations
nationwide. The stores occupy spaces of 1,200
sq.ft. in regional malls. Preferred anchors
include fashion stores. Plans call for 45
openings in the coming 18 months. Expansion
will take place nationwide. Demographic
requirements include a population of 250,000 within 10 miles earning $50,000 as the
average income. Leases running 10 years are
typical. Shoe
Box, Inc. dba
The Shoe Box Kenneth
Breslin 500
Old Country Road Garden
City, NY 11530 516-741-7400,
Ext. 229, Fax 741-7128 Shoes The
nine-unit chain offers women's shoes at locations in CT and NY. The stores occupy spaces of 2,000 sq.ft. to 2,500
sq.ft. in regional malls and specialty centers. Preferred
anchor tenants include fashion stores. Plans
call for the opening of four units in the coming 18 months.
Expansion will take place in NY, NJ, CT and Southern FL. Demographic requirements include a population of
50,000 within three miles earning $65,000 as the average income. Leases running 10 years are typical. Pathmark
Stores, Inc. dba
Pathmark Supercenters Melvin
Kenduck 301
Blair Road Woodbridge,
NJ 07095-0915 908-499-3357,
Fax 499-3381 Supermarket
& Drug Store The
143-unit chain operates locations in NJ, NY, CT, PA and DE.
The stores occupy spaces of 59,000 sq.ft. to 63,000 sq.ft. in strip centers. Preferred anchor tenants include Kmart, Caldor and
Bradlees. Plans call for 10 openings in the
coming 18 months. Expansion will take place
in existing markets. Demographic requirements
include 65,000 people within five miles earning $35,000 as the average income. Leases running 20 to 25 years are typical. |