Issue Number 8 for the week of March 7, 1997

The Dealmakers Issue Number 8 for the week of March 7, 1997.

Specialty Tenats Looking for Locations

Carsus Corp. does business as Wicks N Sticks at 11 locations nationwide. The stores, selling candles, occupy spaces of 1,200 sq.ft. in regional malls. Growth opportunities are sought nationwide.

For more information, contact David Mitchell, Carsus Corp., 3771 North Dunlap, Arden Hills, MN 55112; 612-490-1066.

Country General Stores trades as Country General at 114 locations in CO, IA, KS, MT, NE, ND, OK, SD, TX, and WY. The stores, selling farm supplies and equipment as well as hardware and clothing, occupy spaces of 12,000 sq.ft. to 35,000 sq.ft. in freestanding facilities and strip centers. Preferred anchors include supermarkets. Plans call for five openings in the coming 18 months. Expansion will take place in CO, IA, KS and WY. Preferred demographics include a population of 25,000 within 30 miles earning $25,000 as the average income. Leases running five years are typical.

For more information, contact Greg Ward, Country General Stores, 123 South Webb Road, Grand Island, NE 68802; 308-389-2696, Fax 389-2574.

Wild Birds Unlimited operates 229 locations throughout North America. The stores, selling bird seed, feeders, houses and nature-related gifts strictly related to wild birds, occupy spaces of 1,600 sq.ft. to 2,400 sq.ft. in freestanding facilities and strip centers. Plans call for 45 openings in the coming 18 months. Expansion will take place throughout North America.

For more information, contact Paul Pickett, Wild Birds Unlimited, 11711 North College Avenue #146; Carmel, IN 46032; 317-571-7100, Fax 571-7110.

AF&G Supply, Inc. does business as Wild Bird Marketplace at 30 locations in CO, FL, IN, MO, NJ, NY, NC, OH, PA, SC, WI and Canada. The stores, selling wild bird products, occupy spaces of 2,000 sq.ft. in freestanding facilities, specialty and strip centers. Growth opportunities are sought throughout North America with an emphasis on East Coast locations. The company is franchising and franchisees must find their own sites.

For more information, contact John Gardner, AF&G Supply, Inc., 1891 Santa Barbara Drive #106, Lancaster, PA 17601; 717-581-5310, Fax 581-5312.

The Earthquake Store operates two locations in CA. The stores, which sell items used for earthquake preparedness and offering educational materials about earthquakes, occupy spaces of 1,500 sq.ft. in freestanding facilities in high tourist areas. Growth opportunities are sought in the existing market.

For more information, contact Frank Wong, The Earthquake Store, 981 San Pablo Avenue, Albany, CA 94706; 510-526-3587.

Stockings To Stuf, Inc. trades as Stockings To Stuf at more than 100 locations nationwide. The stores, selling Christmas stockings, occupy spaces of 80 sq.ft. to 100 sq.ft. in kiosk locations in regional malls on a temporary basis during Christmas. Growth opportunities are sought nationwide.

For more information, contact Eric Gardner, Stockings To Stuf, Inc., 1117 Delsea Drive, Box 184, Westville, NJ 08093; 609-848-1441, Fax 384-8806.

The Nature Company trades as The Nature Company and The Discovery Channel Store at 130 locations nationwide. The stores, selling nature-oriented gifts and collectibles, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in downtown store fronts and regional malls. Plans call for five openings in the coming 18 months. Expansion will take place nationwide.

For more information, contact Larry Hanshaw, The Nature Company, c/o Metropolis, 6657 Chelton Drive, Oakland, CA 94611; 510-482-8187, Fax 482-8188.

Smith & Hawken operates 25 locations in CA, CO, CT, IL, IN, NJ, NY, OH, TX, VA, MD, OR and WA. The stores, selling high-end gardening equipment, supplies, accessories and clothing, occupy spaces of 1,500 sq.ft. to 6,000 sq.ft. in freestanding facilities and end-caps. Plans call for as many as five openings in the coming 18 months. Expansion will take place in major metropolitan areas nationwide.

For more information, contact Larry Hanshaw, Smith & Hawken, c/o Metropolis, 6657 Chelton Drive, Oakland, CA 94611; 510-482-8187, Fax 482-8188.

Imaginarium Acquisition, Inc. trades as Imaginarium at 44 locations nationwide. The stores, selling educational and non-violent toys, occupy spaces of 3,000 sq.ft. in downtown store fronts, regional malls and strip centers. Plans call for 10 openings during 1997 and 15 openings during 1998. Expansion will take place nationwide with a focus on CT, MA, NH, NJ and NY. The company prefers to locate its stores in affluent, upscale locations.

For more information, contact Steve Albert, Imaginarium Acquisition, Inc., 9 Mayhill Street, Saddle Brook, NJ 07662; 201-772-0070.

Storables operates seven locations in OR and WA. The stores, selling kitchen gadgets, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding facilities and strip centers. Growth opportunities are sought in the existing markets.

For more information, contact Dodd Fischer, Storables, 3250 N.W. Yeon #12, Portland, OR 97210; 503-227-2432, Fax 277-4403.

Who's Opening and Where...

Loehmann's (718-409-2000) recently opened a 24,500 sq.ft. store in downtown Seattle, WA. The unit is the first of nine stores planned for this year.

Dayton Hudson (612-375-3510) plans to remodel and rename three of its Hudson's department stores to Marshall Field's stores. The stores being converted are located in Fort Wayne and South Bend, IN and Toledo, OH. The changeover is expected to be completed by Fall.

A&W Restaurants, Inc. (313-462-0029) plans to open 100 restaurants in the Detroit, MI metropolitan area this year and is seeking franchisees to facilitate its goal.

Trak Auto (301-731-1200) plans to open an 8,500 sq.ft. store at Hampden Center in Hampden Township, PA during June.

Dave & Buster's, Inc. (214-357-9588) plans to open its Ontario Mills Mall restaurant in Ontario, CA, this month, a month ahead of its scheduled opening. The company also plans to open a unit in Cincinnati, OH during the third quarter, a unit in Rockland County, NY during the fourth quarter and a restaurant in Denver, CO during early 1998. The company also announced that beginning in its fiscal year 1998, the company will open four locations. The company also plans to open four stores during fiscal 1999. Beginning with fiscal 2000, the company plans to open a minimum of five units annually.

Ziebart International Corp. (810-588-4100) plans to open 2,400 units worldwide, including 1,000 in the U.S., in the coming 10 years. Seventy-five stores are planned for the U.S. this year.

Chesapeake Bagel Bakery (703-893-2600) plans to open a store every three days this year.

Bono's Bar-B-Q (904-519-5500), which opened seven franchised restaurants in FL last year, plans to open 15 units in GA this year.

The Steak Escape (614-224-0300) recently opened its first strip center locations in Columbus, OH and San Antonio, TX. Future expansion plans call for openings in non-traditional locations.

Panchero's Mexican Grill (888-BEST-MEX), an eight-unit Mexican quick-serve restaurant chain, recently opened its first franchised location in Rockford, IL. As many as 10 franchise locations are planned for the Midwest this year.

Nach-O Fast, Inc. (801-298-0199) recently opened gourmet nacho snack shops at Westridge Mall in Phoenix, AZ and Newgate Mall in Ogden, UT. The company, which operates seven locations in AZ, UT and WA, has sold more than 95 franchises which are expected to open in the coming 18 months.

Art Van Furniture (810-939-0800) recently opened a 50,000 sq.ft. furniture store in Battle Creek, MI, the company's 24th unit in the state. The company plans to open stores in Dearborn and Howell, MI before the end of the year.

Raspberry Junction (860-535-0234), a mega-craft mall concept, is looking to open 20 franchised locations in CT, ME, MA, NH, NJ, NY, PA and RI in the coming five years.

Schostak Brothers & Company (810-262-1000) has donated 4,000 sq.ft. of space at Wonderland Mall in Livonia, MI to Cyberspace Safari, a multi-media introduction to computers and the Internet operated by the Detroit Science Center. The 20-minute program allows visitors to explore the Detroit Science Center's exhibits as well as access the Internet.

General Cinema Theater (617-277-4320) plans to replace its 10-screen movie theater at Franklin Mills in Philadelphia, PA with a 14-screen theater. The new project is expected to open during Fall.

CompUSA, Inc. (972-982-4000) plans to open a 41,850 sq.ft. store at 109 East Chicago Avenue on Chicago, IL's Miracle Mile during Fall.

Ultramar Diamond Shamrock Corp. (210-641-6800) plans to open 22 convenience stores this year. Eighteen of the units will be located in AZ.

Pep Boys (215-229-9000) plans to open at least nine Pep Boys Supercenters and Parts USA stores in Puerto Rico during its fiscal 1997 year.

Barnes & Noble, Inc. (212-633-3300) plans to open a 23,500 sq.ft. bookstore at Seventh Avenue and Sixth Street in Brooklyn, NY during August. The company recently opened a 27,031 sq.ft. store in Omaha, NE.

Developers Diversified (216-247-4700) announces that Kroger plans to open a 57,285 sq.ft. supermarket at Liberty Fair Mall in Martinsville, VA during July and that OfficeMax plans to open a store at the project during late Fall.

Sears (847-286-0545) plans to open 10 full-line department stores and more than 100 freestanding specialty stores (Sears Hardware, NTW, Tire America, Western Auto, Parts America and Sears Dealer stores) throughout the state of NY in the coming four years. Included in that number is a 288,000 sq.ft. store at a former Alexander's department store site at Kings Plaza in Brooklyn, NY.

Borders, Inc. (313-913-1323) plans to open a 20,000 sq.ft. Borders Books Music & Cafe store in Mays Landing, NJ.

Computer Renaissance (612-520-8500), a 120-unit chain of stores selling used computer products, plans to open at least 75 store this year.

OshKosh B'Gosh (414-231-8800) is planning to open its first specialty store on the West Coast at Arden Fair Mall in Sacramento, CA. The company already operates several factory outlet stores in CA.

CVS Corp. (401-765-1500) recently opened a 10,000 sq.ft. prototype drug store in Woonsocket, RI. The store features wider aisles, lower shelves, a convenience food section and a drive-up window. The prototype is expected to be used in new store construction beginning this year.

Store Closings

Caldor Corp. (203-846-1641) plans to close four stores in the Bronx, NY; Brooklyn, NY; Westfield, MA and Woonsocket, RI before the end of May. The stores are being closed because they did not meet the company's required financial targets.

The Italian Oven (412-537-5380) recently closed four of its unsold restaurants. The units closed are located in Columbus (2), Lancaster and Springfield, OH. The company's remaining 80 restaurants were acquired by The Whitecliff Group, Inc.

Musicland Stores Corp. (612-932-7700) recently closed 75 of its mall-based stores nationwide. The company will also close 19 Media Play stores. The company currently operates 1,466 Sam Goody, Musicland and Media Play mall-based stores.

Welcome Home, Inc. (910-791-4312), which recently filed for Chapter 11 protection, plans to close 36 of its 176 stores in 21 states nationwide. The stores, which trade as Welcome Home and Home Again, range in size from 2,000 sq.ft. to 4,000 sq.ft. primarily in outlet centers and feature decorative home furnishings, accessories and gifts.

Sears, Roebuck and Co. (847-286-6254) plans to close its HomeLife furniture store at Manchester Center in Fresno, CA by the end of next month.

The Fresh Market (910-272-1338) recently closed its gourmet grocery store at Dupont Station Shopping Center in Jacksonville, FL after only being open for 11 months. The company cited the store's poor location as a reason for the closure.

Kmart (810-643-1000) plans to close its store at Camelot Center in Lake Elisnore, CA by the end of next month. The nine-year-old store is being closed because it did not meet Kmart's profitability and return on investment goals.

Buyers & Sellers of Commercial Properties

United Commercial Realty brokered the sale of an 84,606 sq.ft. parcel of land in Grand Prairie, TX to AutoNation. The company also brokered the sale of a 60,260 sq.ft. parcel of land in Lewisville, TX to Exxon. The seller was PRS Realty II, L.P.

For more information, contact Tim Hughes or Stan Lotridge (AutoNation) or Jeff Brand (Exxon) at (214-526-6262).

Metro Commercial Real Estate, Inc. brokered the sale of a 1.6 acre parcel of land, which includes a former Ponderosa Restaurant, in Dover, DE. The site was purchased by Apple American Group which plans to develop and operate a 5,500 sq.ft. Applebee's Neighborhood Grill and Bar restaurant on the site. The company represented Best Buy in its acquisition of a former September's Banquet in Springfield, PA. Best Buy plans to develop a 45,000 sq.ft. store on the site. The property was acquired for $4 million.

For more information, contact Daniel Hughes at (609-866-1900).

L&B Real Estate Counsel recently acquired a majority interest in Tysons Corner Center in McLean, VA on behalf of three institutional investor funds and one separate account client. The acquisition price was more than $400 million. The company also acquired One Pacific Place, a 90,000 sq.ft. project in Omaha, NE, on behalf of an institutional investor.

For more information, contact L&B Real Estate Counsel at (214-989-0800).

The Lynwood Redevelopment Agency is seeking developers interested in developing approximately four acres for retail use including a restaurant and two larger retailers of approximately 20,000 sq.ft. to 28,000 sq.ft. each. The site is located adjacent to the recently opened I-105 freeway and light rail station. The freeway has a daily traffic count between 180,000 and 200,000 vehicles. The site is at the center of a five-mile radius with a population of approximately 800,000. The city itself is located approximately five miles southeast of downtown Los Angeles, CA.

For more information, contact Louis Morales at (310-603-0220, Ext. 252), Fax (639-6957).

Prime Retail, Inc. recently acquired Oak Creek Factory Outlets, Bend Factory Outlets and Coeur D'Alene Factory Outlets for a combined price of $37.3 million. The company also recently purchased an additional 20% interest in Oxnard Factory Outlet, giving Prime a 50% interest in the site. The 82,000 sq.ft. Oak Creek Factory Outlets is located in Sedona, AZ and features Jones New York, Mikasa, Anne Klein, G.H. Bass, Nine West and Van Heusen as lead tenants. The 97,000 sq.ft. Bend Factory Outlets is located in Bend, OR and features Eddie Bauer, Levi's Outlet, G.H. Bass, Reebok and Nine West as lead tenants. The 179,000 sq.ft. Coeur D'Alene Factory Outlets is located in Post Falls, ID and features Mikasa, L'eggs/Hanes/Bail/Playtex, G.H. Bass, Van Heusen and Levi's Outlet as lead tenants. The 148,000 sq.ft. Oxnard Factory Outlets is located in Oxnard, CA and features Harmon Audio, Casual Corner Outlet, Fila, Gap Outlet, Geoffrey Beene, Nine West and Petite Sophisticate as lead tenants. The remaining 50% interest is held by an affiliate of Fru-Con Development Corp.

For more information, contact Prime Retail at (410-234-0782).

Brunelli & Co. has the listing to sell 6.9 acres of land, which includes a former Pathmark Supermarket, located at Rt. 9 and Ernston Road in Sayreville, NJ. The site is adjacent to Home Depot, Kmart, Pathmark and Staples and has a daily traffic count of 75,000 vehicles. Demographics include a five-mile population of 166,000 earning $53,000 as the average household income. The asking price is $2.1 million. The site may also be leased for $230,000 per year, triple net.

For more information, contact Rich Brunelli at (908-721-5800), Fax (721-9241).

Levey Miller Maretz is in the market to acquire restaurant sites in CT; Paramus, Wayne and Woodbridge, NJ and Hartsdale/Yonkers and White Plains, NY.

For more information, contact Steve Miller or Lou Proto at (203-389-5377), Fax (389-6302).

Chelsea GCA Realty is in the market to acquire vacant land, existing outlet centers, upscale specialty centers and redevelopment opportunities located on major highway interchanges with visibility near major metropolitan markets, nationwide. Preferred land sites are between 40 and 60 acres and preferred existing centers have GLAs of at least 200,000 sq.ft. Preferred demographics include a minimum population of one million within 20 miles earning at least $50,000 as the average household income.

For more information, contact Mark Silvestri at (201-228-6111), Fax (228-3891).

New Century Development Corp. is in the market to acquire shopping centers throughout OH. Properties of interest should have GLAs of at least 50,000 sq.ft. and be anchored.

For more information, contact Jane Peterson at (330-759-3336), Fax (759-3366).

Island Associates Real Estate, Inc. brokered the sale of a 7,000 sq.ft. former vacant shopping center in West Babylon, NY to a medical group from the Good Samaritan Hospital area. As a result of the surplus and ineffectiveness of strip centers on the Sunrise Highway service lanes, the property has undergone a major renovation and now houses a group of doctors, laboratory technicians and nurses.

For more information, contact Steve McKnight at (516-587-5050), Fax (587-0230).

Mergers & Acquisitions

Harry's Farmer Market, Inc. (770-475-3962) recently received a $23 million investment from Progressive Food Concepts, Inc., an affiliate of Boston Chicken. Under the agreement, Progressive Food, could end up with a 43% part of Harry's through a long-term loan that can be exchanged for stock. Harry's plans to use the funds to reduce its debt, improve operations and refine its Harry's In A Hurry stores.

Heilig-Meyers Co. (804-359-9171) recently acquired the 10-unit chain of Richard B. Levitz Sons, Inc., trading as The RoomStore, of Dallas, TX. The transaction was valued at approximately $9.9 million. Heilig-Meyers plans to continue operating the stores under their current name and format.

Toys 'R Us, Inc. (201-599-7850) recently completed its acquisition of Baby Superstore, Inc. The 77-unit chain was acquired for approximately $376 million.

Apple South, Inc. (706-342-4552) recently signed an agreement to merge with Hops Grill & Bar for $31.5 million comprised of $15.75 million in cash and 1.05 million shares of stock. Apple South will also assume $25 million in debt. The 18-unit casual dining chain, which is based in Clearwater, FL and operates units in CO, FL and KY, will operate as a division of Apple South. Apple South also recently signed a merger agreement with McCormick & Schmick's restaurants for $53 million comprised of 90% cash and 10% stock. Apple South will also assume $15 million in debt. The 16-unit upper-end casual seafood restaurants, based in Portland, OR, will operate as a division of Apple South. The restaurants trade as McCormick & Schmick's, Jake's, McCormick's, McCormick & Kuleto's and Harborside in CA, CO, OR, WA and Washington, D.C. Apple South operates 310 casual dining restaurants trading as Applebee's Neighborhood Grill & Bar, Don Pablo and Harrigan's.

U.S. Restaurant Properties (972-387-1487) recently agreed to acquire 63 Arby's properties and 10 leaseholds from Sybra, Inc. for $45 million. U.S. Restaurants currently owns 325 restaurant properties nationwide.

Video Update, Inc. (612-222-0006) recently signed a letter of intent to acquire seven video stores from Cox Video Corp. of Dallas, TX. Four of the units are located in Oklahoma City, OK and three are located in Dallas, TX.

Financial News...

Sears, Roebuck and Co. (847-286-6254) reported that its 1996 net income increased 24% to $1.27 billion from $1.03 billion during 1995. Annual revenues increased 9.3% to $38.24 billion from $35 billion in 1995. The company also plans to exit the computer software business by June. However, the company will continue to sell computer peripheral merchandise and may carry a larger selection. To fill the gap left by the exit from software retailing, Sears is planning to add a selection of still cameras and cellular phones. The company operates more than 800 full-line stores and 2,500 off-the-mall stores throughout North America.

CVS Corporation (401-765-1500) reported that its fiscal year net sales from continuing operations increased 13.6% to $5.53 billion from $4.87 billion during FY95. Comparable store sales increased 10.9% with pharmacy comp store sales up 16.9%. Operating profit from continuing operations in 1996 increased 34% to $299.6 million from $223.5 million during 1995. Consolidated net earnings increased to $167.4 million from $100.3 million in 1995. The company currently operates more than 1,400 stores in 15 states.

Just For Feet, Inc. (205-403-8150) reported that sales for its fiscal year increased 113.9% to $256.3 million from $119.8 million during FY95. Comparable store sales increased 24.7% for the year. During the year, the company opened 23 stores, which exceeded its goal of 12, and currently operates and franchises 58 stores in 13 states.

Pep Boys-Manny, Moe & Jack (215-229-9000) reported that sales for its fiscal year increased 15% to $1.82 billion from $1.59 billion during 1995. Comparable store sales increased four percent. During the year, the company opened 56 Supercenters and 44 Parts USA stores and ended its fiscal year with 604 stores in 33 states. During 1997, the company is planning to open 80 Supercenters and 40 Parts USA stores.

Phar-Mor, Inc. (330-746-6641) reported that total sales for its second quarter increased 2.3% to $290.9 million from $284.3 million during the second quarter last year. Comparable store sales increased two percent. In December, the company opened its first new store in more than four years and currently operates 103 stores in 18 states.

One Price Clothing Stores, Inc. (864-433-8888) reported that net sales for its fiscal year increased to $299 million from $297.5 million in FY95. Comparable store sales fell one percent for the year. The company operates 645 stores.

The Wet Seal, Inc. (714-583-9029) recently announced that because of a lack of interest on the part of County Seat Stores, The Wet Seal has withdrawn its interest in acquiring County Seat store locations. The Wet Seal also announced that it plans to open 30 stores this year and 75 stores next year and will continue to seek other acquisition possibilities.

The Mills Corp. (703-526-5196) recently announced that its planned 2.1 million sq.ft. Meadowlands Mills project in northern NJ, just outside of New York City, will be delayed for at least one year because the Army Corp of Engineers is requiring the company to undertake an environmental impact study on the site. If the site is approved, ground breaking may take place at the end of this year and the project can be opened sometime during 1999.

Jolles Corp. (215-334-1222), which operates Bain's Delis, recently filed for Chapter 11 protection.

Hibbett Sporting Goods, Inc. (205-942-4292) reported that its fiscal year sales increased 30.4% to $86.4 million from $67.1 million last year. Comparable store sales increased 10.2% for the year. The company currently operates 89 sporting goods stores in small to mid-sized markets in 12 Southeastern states with plans to open 27 stores this year.

Exclusives: Leasing & Management Assignments

Breslin Realty (516-741-7400) leased 7,400 sq.ft. to Family Dollar Stores at Sunshine Square Shopping Center in Medford, NY and space to Leslie's Pool Mart at Park Plaza Shopping Center in Wantagh, NY.

Sigma National, Inc. (804-320-6100) leased 2,132 sq.ft. to Krispy Kreme and 26,040 sq.ft. to PetsMart at Yoder Plaza Shopping Center in Newport News, VA.

The Goldstein Group (201-703-9700) leased 2,100 sq.ft. to Leather Warehouse in East Brunswick, NJ; 1,800 sq.ft to Leather Warehouse in Union, NJ; 3,000 sq.ft. to Einstein Bagels in Union and 4,250 sq.ft. to The Vitamin Shoppe in Paramus, NJ.

The Sansone Group (314-727-6664) leased 3,960 sq.ft. to Rich & Charles Italian Restaurant at Hilltop Village Shopping Center in Eureka, MO and 1,050 sq.ft. to P-X Wine Outlet at Barrett Station Shopping Center in St. Louis, MO.

CB Commercial Real Estate Group ( 510-930-2046) leased 6,000 sq.ft. to Blockbuster Video, 3,400 sq.ft. to Pearle Vision and 2,128 sq.ft. to Wolf Camera in Pleasant Hill, CA.

Streets of Mayfair (305-441-8989) leased 3,200 sq.ft. to Out of Africa and 2,000 sq.ft. to Ling Salon at The Streets of Mayfair in Coconut Grove, FL.

CBL & Associates, Inc. (423-855-0001) leased 7,249 sq.ft. to The Limited for an Abercrombie & Fitch store at Hamilton Place in Chattanooga, TN.

Boyd, Page & Associates (713-877-8400) leased 50,000 sq.ft. to Hobby Lobby at The Fountains Shopping Center in Houston, TX.

Developers Diversified (216-247-4700) leased 26,850 sq.ft. to T.J. Maxx and 23,038 sq.ft. to OfficeMax at Del Prado Mall in Cape Coral, FL.

AmCap Properties, Inc. (303-321-1500) leased 6,200 sq.ft. to Blockbuster Video and 1,440 sq.ft. to Starbucks Coffee at Milestone Shopping Center in Castle Rock, CO and a 3,160 sq.ft. expansion to Dress Barn at Market Square Shopping Center in Arvada, CO.

Lease Signings

Sigma National, Inc. (804-320-6100) leased 2,132 sq.ft. to Krispy Kreme and 26,040 sq.ft. to PetsMart at Yoder Plaza Shopping Center in Newport News, VA.

CB Commercial Real Estate Group ( 510-930-2046) leased 6,000 sq.ft. to Blockbuster Video, 3,400 sq.ft. to Pearle Vision and 2,128 sq.ft. to Wolf Camera in Pleasant Hill, CA.

Streets of Mayfair (305-441-8989) leased 3,200 sq.ft. to Out of Africa and 2,000 sq.ft. to Ling Salon at The Streets of Mayfair in Coconut Grove, FL.

CBL & Associates, Inc. (423-855-0001) leased 7,249 sq.ft. to The Limited for an Abercrombie & Fitch store at Hamilton Place in Chattanooga, TN.

Boyd, Page & Associates (713-877-8400) leased 50,000 sq.ft. to Hobby Lobby at The Fountains Shopping Center in Houston, TX.

Developers Diversified (216-247-4700) leased 26,850 sq.ft. to T.J. Maxx and 23,038 sq.ft. to OfficeMax at Del Prado Mall in Cape Coral, FL.

Men's Apparel Tenants Looking To Expand

Rochester Big & Tall Clothing trades as Rochester Big & Tall at 20 locations nationwide. The stores, selling big and tall sized clothing for men, occupy spaces of 8,000 sq.ft. in freestanding facilities. Growth opportunities are sought nationwide.

For more information, contact Robert Sockolov, Rochester Big & Tall Clothing, 2660 Harrison Street, San Francisco, CA 94110; 415-982-6455, Fax 821-0666.

Bert's Men & Boys trades as Bert's Men & Boys and Gregg's Mens & Boys at 11 locations in AR and TN. The men's apparel stores occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in downtown store fronts, regional malls and strip centers. Plans call for two openings in the coming 18 months. Expansion will take place in the Southern region.

For more information, contact Larry Wolf, Bert's Men & Boys, 99 South Main Street, Memphis, TN 38103; 901-527-9542, Fax 527-6402.

Young America, Inc. trades as American Man and Zips at seven locations in IA, ND and SD. The stores, selling men's apparel while catering to the 16 to 30 year old male, occupy spaces of 2,500 sq.ft. to 3,000 sq.ft. in regional malls. Plans call for five openings in the coming 18 months. Expansion will take place in MN and WI. The company is only expanding its Zips concept.

For more information, contact Craig Fink, Young America, Inc., PO Box 2068, Minot, ND 58702; 701-852-6500, Fax 852-5311.

Joseph A. Bank Clothiers, Inc. trades as Joseph A. Bank Clothiers at 81 locations in AL, CA, CO, CT, GA, MA, IL, MD, MI, IN, NC, PA, TX, TN, VA and Washington, D.C. The stores, selling a full line of classic apparel for men, occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in outlet centers, regional malls and specialty centers. Growth opportunities are sought nationwide.

For more information, contact Chuck Frazer, Joseph A. Bank Clothiers, Inc., 500 Hanover Pike, Hampstead, MD 21074; 410-239-2700, Ext. 5730, Fax 239-5716.

Mac Clothiers, Inc. trades as Mr. Mac at 10 locations in ID and UT. The stores, selling men's apparel and accessories, occupy spaces of 4,500 sq.ft. to 22,000 sq.ft. in regional malls and strip centers. Growth opportunities are sought in the existing markets with possible expansion into CO, NV and WY.

For more information, contact Mac Christenson, Mac Clothiers, Inc., 36 South State Street, Salt Lake City, UT 84111; 801-355-6443, Fax 355-6472.

Lead Sheet

The Buckle, Inc.

dba The Buckle

Brett Milkie

37307 Harvest Drive

Avon, OH 44011

216-934-1415, Fax 934-1417

Apparel

The 181-unit chain operates locations in AR, AZ, CO, IA, ID, IL, IN, KD, KY, MI, MN, MO, MT, ND, NE, OH, OK, SD, LA, MS, NM, TN, TX, WI and WY. The apparel stores, selling better lines of casual apparel for juniors and young men, occupy spaces of 4,400 sq.ft. in regional malls. Plans call for as many as 30 openings in the coming 18 months. Expansion will take place in the existing markets.

All-Car Distributors, Inc.

dba All-Car Automotive Centers

Les Cigel

PO Box 27

Antigo, WI 54409-0027

715-623-3791, Fax 623-7239

Automotive

The 26-unit chain operates locations in WI. The discount automotive parts stores occupy spaces of 12,000 sq.ft. to 16,000 sq.ft. in freestanding facilities. Plans call for as many as four openings in the coming 18 months. Expansion will take place in the existing market.

Mr. Paperback

Robert Foss

1135 Hammond Street

Bangor, ME 04401

207-990-4107, Fax 942-9226

Books

The 18-unit chain operates locations in ME. The stores, selling books, magazines and cards, occupy spaces of 4,000 sq.ft. to 12,000 sq.ft. in freestanding facilities and strip centers. Growth opportunities are sought in the existing market.

Nordstrom, Inc.

dba Nordstrom Rack

David Cuthill

1501 Fifth Avenue

Seattle, WA 98101

206-628-1725

Closeouts

The 20-unit chain operates locations in CA, IL, MD, OR, PA, UT, VA and WA. The stores, selling first quality merchandise at reduced prices, occupy spaces of 35,000 sq.ft. to 45,000 sq.ft. in outlet centers and regional malls. Plans call for one opening in the coming 18 months. Expansion will take place in the Northeastern region.

Raspberry Junction, Inc.

dba Raspberry Junction

Dwight Kettlehut

PO Box 306

North Stonington, CT 06359

860-535-0324, Fax 535-8057

Crafts

The one-unit company operates a location in CT. The concept features a themed, year-round indoor craft fair with spaces rented to crafters. Spaces of 6,000 sq.ft. to 10,000 sq.ft. are sought in a variety of real estate settings. Plans call for as many as eight openings in the coming 18 months. Expansion will take place in CT, ME, MA, NH, NJ, NY, PA, RI and VT. Preferred demographics include a population of 150,000 within five miles earning $70,000 as the average income. Leases running five years are typical and the company, which is franchising, cites Cape Cod Crafters as competition.

Namco Entertainment, Inc.

dba Aladdin's Castle,

Cyber Station, Time Out

Richard Adams

877 Supreme Drive

Bensenville, IL 60106

630-238-2202, Fax 238-0560

Entertainment

The 347-unit chain operates locations nationwide. The concept, which features coin-operated video games and kiddie rides (some units also feature full size rides and ferris wheels) occupies spaces of 2,500 sq.ft. to 30,000 sq.ft. in regional malls, with some facilities occupying spaces of 50,000 sq.ft. to 75,000 sq.ft. Growth opportunities are sought nationwide.

Great Harvest Franchising, Inc.

dba Great Harvest Bread Co.

Mr. T.J. Nelson

28 South Montana Street

Dillon, MT 59725

406-683-6842, Fax 683-5537

Food

The 116-unit chain operates locations nationwide. The stores, specializing in breads, occupy spaces of 1,800 sq.ft. in a variety of real estate settings. Plans call for 20 openings in the coming 18 months. Expansion will take place nationwide.

Quality Stores, Inc.

dba Quality Farm & Fleet, County Post

Donald Kettler

PO Box 3315

Muskegon, MI 49443-3315

616-798-8787, Fax 798-0134

General Merchandise

The 103-unit chain operates locations in MI, IN, OH, NY, PA, WV and VA. The stores, selling agricultural supplies, hardware, home improvement items and auto parts, occupy spaces of 30,000 sq.ft. to 40,000 sq.ft. in freestanding facilities and strip centers. Plans call for 18 openings in the coming 18 months. Expansion will take place in the existing markets as well as in KY.

The Alley

Richard Marek

490 South Palm Canyon Drive

Palm Springs, CA 92262

619-320-5664, Fax 320-6862

Gifts

The five-unit chain operates locations in CA. The stores, selling gifts, housewares and gourmet gadgets, occupy spaces of 23,000 sq.ft. in freestanding facilities and regional malls. Growth opportunities are sought in the existing market.

McMahan's Furniture Co.

Douglas Kays

2237 Colby Avenue

Los Angeles, CA 90064

310-473-8411, Ext. 207, Fax 312-1765

Home Decor

The 17-unit chain operates locations in CA and OR. The home decor stores occupy spaces of 20,000 sq.ft. in downtown store fronts and freestanding facilities. Growth opportunities are sought in the existing markets.

Rolling Pin Kitchen Emporium

Dee Childers

c/o Venture Resources

800 West 47th Street

Kansas City, MO 64112

816-531-8898, Fax 531-8818

Housewares

The 38-unit chain operates locations in AL, AR, FL, GA, IL, IA, KY, LA, NC, SC, TN and VA. The stores, selling kitchen and cooking utensils as well as books and novelties, occupy spaces of 1,600 sq.ft. to 1,800 sq.ft. in regional malls and specialty centers. Plans call for as many as eight openings in the coming 18 months. Expansion will take place in the Southeastern and South Central regions. The company will also consider Northeastern and Upper Midwestern sites. Demographics include a population of 200,000 within 15 miles earning $50,000 as the average income. Leases running 10 years are typical and the company is franchising.

American Tourister

Paul Ouellette

91 Main Street

Warren, RI 02885

401-245-2100, Fax 247-3201

Luggage

The 130-unit chain operates locations nationwide. The stores, selling luggage and travel-related products, occupy spaces of 2,500 sq.ft. in outlet and strip centers. Plans call for as many as eight openings in the coming 18 months. Expansion will take place nationwide.

Harmony House Records, Inc.

dba Harmony House Records

Lloyd Welch

1755 East Maple Road

Troy, MI 48083

810-534-2800, Ext. 206, Fax 524-1266

Music

The 37-unit chain operates locations in MI and OH. The stores, selling pre-recorded music and related accessories, occupy spaces of 4,000 sq.ft. in freestanding facilities and strip centers. Plans call for as many as four openings in the coming 18 months. Expansion will take place in MI.

Shake-A-Paw Puppies

c/o Americorp Realty, Inc.

185 Hillside Avenue

Williston Park, NY 11596

516-294-1200, Fax 294-1220

Pet Store

The 26-unit chain operates locations nationwide. The stores, specializing in the sale of AKC puppies, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in freestanding facilities and strip centers. Plans call for 50 openings during 1997. Expansion will take place nationwide.

Heel Quik, Inc.

dba Heel/Sew Quik

Phil Parker

6425 Powers Ferry Road #250

Atlanta, GA 30339

770-951-9440, Fax 933-8268

Service

The 677-unit chain operates locations worldwide. The stores, offering shoe repairs, clothing alterations, monogramming and dry cleaning, occupy spaces of 330 sq.ft. to 600 sq.ft. in regional malls, power and strip centers. Plans call for 30 openings in the coming 18 months. Expansion will take place worldwide.

Mars Supermarkets, Inc.

dba Mars Supermarkets

Roy Eperson

7183 Holabird Avenue

Baltimore, MD 21222

410-282-2100, Fax 285-8351

Supermarket

The 15-unit chain operates locations in MD. The supermarkets occupy spaces of 20,000 sq.ft. to 42,000 sq.ft. in freestanding facilities, power and strip centers. Growth opportunities are sought in the existing market.

Video Update

Bruce Carlson

3100 World Trade Center

30 East 7th

St. Paul, MN 55101

612-222-0006, Fax 297-6083

Video

The 312-unit chain operates locations throughout North America. The video stores occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in freestanding facilities and end caps of strip centers. Plans call for as many as 200 openings in the coming 18 months. Expansion will take place throughout North America. The company also plans to expand through acquisitions.

Space Place

Connecticut

Norwalk- Amazing Plaza has 26,400 sq.ft., which can be divided, available for lease. The site is located adjacent to Norwalk Mall.

For details, contact Harold Fischel of Fischel Properties at (203-226-5499).

Indiana

Evansville- Plaza East is anchored by Venture, OfficeMax, Blockbuster Music and Michaels Crafts. The project has up to 10,000 sq.ft. available for lease. Also in Evansville- Plaza West is anchored by Venture and Bi-Lo. The project has a 1,680 sq.ft. space available for lease. In Indianapolis- Target Center has spaces up to 30,000 sq.ft. available for lease. In Lafayette- Target Shopping Center is anchored by Target, HH Gregg and JoAnn Fabrics. The project has spaces of 1,462 sq.ft., 2,553 sq.ft. and 7,380 sq.ft. available for lease.

For details, contact Marsha Roush of Kimco Realty Corporation at (937-434-7532).

Louisiana

Gretna- Towne Square Shopping Center is anchored by Winn-Dixie, Kinko's, Subway and Jenny Craig. The 91,000 sq.ft. project has spaces of 11,888 sq.ft. and 25,600 sq.ft. available for lease. Demographics include a five-mile population of 309,962 earning $35,093 as the average household income.

For details, contact David Rosen of Rosen Associates Management Corp. at (516-822-5350), Fax (433-3821).

Michigan

Ann Arbor- Westgate Shopping Center has a 43,000 sq.ft. former Kroger store available for lease. The site is located near Kmart and Kroger. Demographics include a three mile population of 212,579 earning $42,278 as the average income. In Jackson- A 37,000 sq.ft. former Kroger store is available for lease. The site is located near a Rite Aid drug store.

For details, contact David Birdsall of Midland Group at (513-891-2323), Fax (891-2467).

Port Huron- A 275,000 sq.ft. project will be developed this summer and spaces from 15,000 sq.ft. are available for lease. The site is located at the intersection of Keewahdin and M-25 and adjacent to Birchwood Mall. Other retailers in the area include Wal*Mart, Kmart, Builders Square, Target and Meijer's. Demographics include a trade area population of 227,000.

For details, contact Tom Snyder of Continental Properties Company, Inc. at (414-502-5500), Fax (502-5522).

New Hampshire

Stratham- Kings Highway Plaza is anchored by Ames, Blockbuster Video, Osco Drug, Radio Shack, GNC, Fashion Bug, Auto Palace and Burger King. The 110,000 sq.ft. project has spaces from 3,000 sq.ft. to 8,000 sq.ft. available for lease.

For details, contact The Kane Company at (603-430-4000), Fax (430-8940).

New Jersey

Livingston- A 6,000 sq.ft. expansion area is available for lease at the Kids 'R Us/6th Avenue Electronics building located near the intersection of Route 10 East and Okner Parkway. In Rochelle Park- A five-acre parcel of land located on Route 17 North and Woodland Avenue is available on a ground lease or build-to-suit basis. The site is located one-half mile south of Garden State Plaza.

For details, contact Neil Goldstein of The Goldstein Group at (201-703-9700), Fax (703-9678).

Ohio

Austintown- Century Square is anchored by Wal*Mart and Sears Hardware. The 270,000 sq.ft. project has space available to build up to 36,000 sq.ft. adjacent to Sears Hardware.

For details, contact Jane Peterson of New Century Development Corp. at (330-759-3336), Fax (759-3366).

Wauseon- Wauseon Plaza is anchored by IGA Grocery and Coast To Coast Hardware. The 91,300 sq.ft. project has spaces of 2,000 sq.ft., 4,000 sq.ft., 8,000 sq.ft. and 18,000 sq.ft. available for lease. Demographics include a five-mile population of 9,851 earning $45,772 as the average income. The site is located near Kmart and Wal*Mart.

For details, contact David Long or John Aubry of Zyndorf/Serchuk, Inc. at (419-249-7070), Fax (25-2439).

Pennsylvania

Blue Bell- Center Square Plaza is anchored by Kohl's Department Store, Sears Hardware and Clemens Market. The project has space available for lease. Demographics include a three-mile population of 142,861 earning $61,324 as the average household income. In Bryn Mawr- Bryn Mawr Square is a proposed project that has space available for lease. The site fronts Route 30 and is adjacent to Barnes & Noble, United Artists Theaters, Staples and Boston Market. Demographics include a three-mile population of 79,305 earning $92,772 as the average household income. In Wynnewood- Wynnewood Square is anchored by SuperFresh, Thrift Drug, Zany Brainy and United Artist Theater. The project has space available for lease. Demographics include a three-mile population of 145,610 earning $69,248 as the average income.

For details, contact Baker Properties at (610-239-2400), Fax (239-2405).

Rhode Island

Middletown- Middletown Commons is a proposed project that will be anchored by BJ's Wholesale Club. The 110,000 sq.ft. project has 40,000 sq.ft. available for lease. Demographics include a five-mile population of 59,914 earning $47,914 as the average household income. Retailers in the area include Shaws, Stop & Shop, Ames, Kmart and Walgreens.

For details, contact Scott Black of The Dartmouth Company at (617-262-6620), Fax (262-1806).

Virginia

Dale City- Mapledale Plaza is anchored by Giant Food. The 162,000 sq.ft. project has 85,000 sq.ft. available for lease with spaces ranging in size from 900 sq.ft. to 4,300 sq.ft. Demographics include a five-mile population of 124,000 earning $68,000 as the average household income.

For details, contact Becky Speegle of Interstate Investment, Inc. at (703-590-1111), Fax (590-2225).

Real Estate Professionals Making News

Kimel Company, Inc. (301-231-9200) announces that John Becker has joined the company as a leasing associate.

Heitman Retail Properties, Ltd. (312-855-5700) announces the following promotions: Jim O'Brien to executive vice president in charge of the operating properties division, where he will oversee all leasing, asset management and property management activities for the properties; Lori Wittman to executive vice president of new business development; Virgil Bonifazi to executive vice president in charge of property management, overseeing all the individuals involved in the day-to-day operations of Heitman's directly managed portfolio; Gray Englebert to senior vice president/leasing where he will supervise the southern and eastern enclosed malls managed by Heitman; Karen Land to senior vice president/leasing where she has regional leasing responsibility for southern and midwestern enclosed malls managed by Heitman; and Todd Starr to senior vice president where he is responsible for western enclosed malls.

Correction

In the February 7 issue of The Dealmakers, the square footage requirements for Max Steaks was incorrectly reported. The company is seeking spaces running 5,000 sq.ft. to 8,000 sq.ft. and prefers to retrofit existing locations. Plans call for four openings during 1997 and six openings during 1998. The average check runs $23.

For more information, contact Paul Fetscher, c/o Great American Brokerage, 220 East 42nd Street, 28th Floor, New York, NY 10017; 212-557-7272, Fax 557-1685.

In the January 31, 1997 issue of The Dealmakers, the phone number for Levin Management was incorrectly reported. The correct phone number is 908-755-2401.