February 18, 2000
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The Dealmakers Issue Number 6 for the week of February 18, 2000.

Rawlings Sporting Goods operates three locations in AL, PA and TX. The sporting goods stores occupy spaces of 5,000 sq.ft. in outlet centers. Preferred co-tenants include Eddie Bauer, Nike and Ralph Lauren. Growth opportunities are sought in the Southeastern and Southwestern regions.

For more information, contact Dave Brawley, Rawlings Sporting Goods, PO Box 22000, St. Louis, MO 63126; 314-349-3531, Fax 349-3580.

Shenk & Tittle, Inc. trades as Shenk & Tittle Sporting Goods at 12 locations in MD and PA. The sporting goods stores occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in regional malls near department stores. Growth opportunities are sought in MD, PA and VA. Leases running 10 years are typical.

For more information, contact Harlowe Prindle, Shenk & Tittle, Inc., PO Box 2266, York, PA 17405-2266; 717-846-7600, Fax 845-2369.

MVP Sports operates 18 locations in ME, MA, NH and RI. The sporting goods stores occupy spaces of 30,000 sq.ft. to 40,000 sq.ft. in freestanding facilities, power and strip centers. Growth opportunities are sought in the existing markets.

For more information, contact Jim Ryan, MVP Sports, c/o MJ Ryan & Associates, 326 Lisle Road, Suite 100, Braintree, MA 02184; 781-848-6994, Fax 848-4727.

Special Tee Golf operates 24 locations in FL, KY and OH. The sporting goods stores, specializing in golf equipment, occupy spaces of 3,000 sq.ft. to 25,000 sq.ft. in freestanding facilities. Growth opportunities are sought in the existing markets.

For more information, contact Jack Hazen, Special Tee Golf, 614 East Altamonte Drive, Altamonte Springs, FL 32707; 407-834-1000, Fax 834-1689.

Joe King’s Shoe Shop Inc. does business as Soccer Mainea at seven locations in CT, DE, ME, MA, NH and VA. The sporting goods stores, specializing in soccer, lacrosse and field hockey equipment and apparel, occupy spaces of 3,500 sq.ft. in outlet and strip centers. Growth opportunities are sought in the existing markets. Preferred demographics include a population of 300,000 within 15 miles. Leases running three to four years are typical.

For more information, contact Tom King, Joe King’s Shoe Shop Inc., 1 Horseshoe Pond Lane, Concord, NH 03301; 603-225-8701, Fax 225-8703.

Cal’s Best Inc. trades as Cal Stores at nine locations in CA. The sporting goods stores occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in power and strip centers. Plans call for one opening in the coming 18 months. Expansion will take place in San Diego County, CA. Preferred demographics include a population of 100,000 within five miles earning $40,000 as the average income. The company prefers to purchase its locations.

For more information, contact Oscar Dabila, Cal’s Best Inc., 972 Broadway, Chula Vista, CA 91911; 619-476-1010, Fax 476-1099.

Cumberland Fund recently broke ground on Bluffs at Grapevine Ridge in Grapevine, TX. The 52-acre mixed-use project, located just north of the Dallas/Fort Worth International Airport near Grapevine Mills, will contain restaurants, a hotel and office space.

For more information, contact Mark Hajdu of Henry S. Miller Commercial, the marketing agent, at (214-559-2740).

Laurich Properties, Inc. expects to have under construction or complete more then two million sq.ft. of retail space this year with a combined value of more than $300 million. The company is developing more than 2.235 million sq.ft. of space this year and much of that development is for neighborhood retailers like Albertson’s and Sav-on stores. Projects being developed or to be developed this year include: a 100,000 sq.ft. Alberton’s anchored center at the intersection of Flamingo and Durango in Clark County, NV; a 200,000 sq.ft. Albertson’s, Sav-On and 24-Hour Fitness anchored center at the intersection of Maryland Parkway and Silverado in Clark County, NV; a 100,000 sq.ft. Alberton’s and Sav-On anchored center at the intersection of Sahara and Maryland Parkway in Clark County, NV; a 300,000 sq.ft. Home Depot and Long’s Drug anchored center at the intersection of Flamingo and Fort Apache in Clark County, NV; a 100,000 sq.ft. Sav-On anchored center at the intersection of Windmill and Las Boulevard South in Clark County, NV; a 500,000 sq.ft. power center in Henderson, NV; a 150,000 sq.ft. Albertson’s and Sav-On anchored project at the intersection of Buffalo and Vegas in Las Vegas, NV; a 16,000 sq.ft. Sav-On store at the intersection of Charleston and Tonopah in Las Vegas, NV; a 120,000 sq.ft. Alberston’s anchored center at the intersection of Craig and Decatur in Las Vegas, NV; a 16,000 sq.ft. Sav-On store at the intersection of Del Webb and Lake Mead in Las Vegas, NV; a 250,000 sq.ft. Albertson’s anchored center at the intersection of Farm and Durango in Las Vegas, NV; a 140,000 sq.ft. project anchored by Big Kmart and Trader Joe’s at the intersection of Washington and Buffalo in Las Vegas, NV; a 100,000 sq.ft. project anchored by Albertson’s at the intersection of Ann Road and Simmons in North Las Vegas, NV; a 16,000 sq.ft. Sav-On store in Pico Riveria, CA and a 60,000 sq.ft. Albertson’s supermarket in Tustin, CA.

For more information, contact Hank Gordon at (702-220-4500), Fax (220-4900).

Best Buy Co. Inc. (612-995-7049) opened 22 new stores, including sites in Norfolk and Richmond, VA; Albany and Rochester, NY; Jacksonville and Tallahassee, FL; and San Diego, CA during the third quarter of its fiscal year. Among the new openings were three small market stores designed to serve areas with 200,000 or fewer residents. All stores opened during the quarter were Concept IV stores featuring improved merchandising, signage and customer service to better address customers’ needs. The company also relocated six stores and expanded two stores to the Concept IV format during the quarter. In the next fiscal year, the company plans to open 60 stores including its first in the New York metropolitan market.

Scotty’s (941-297-6075), facing tough competition from Home Depot and Lowe’s, is attempting to reinvent itself by renaming 10 stores in Orlando, Bradenton, Brandon, Key West, Tampa, Titusville and Seminole, FL to Scotty’s Bargain Outlet. The stores will sell everything from canned goods to toys along with its traditional home improvement items. If the initial stores in the new concept make money, Scotty’s will convert its remaining 123 units. The company also plans to downsize its store size to 30,000 sq.ft. to 35,000 sq.ft. Fourteen Scotty’s stores are being downsized and Staples will occupy the remaining space. Staples recently assumed three leases and purchased four locations from Scotty’s.

Lowe’s Companies Inc. (336-658-4223), which operates 41 stores in VA, applied for permits to build a superstore adjacent to a Wal*Mart Supercenter in Suffolk, VA.

Diedrich Coffee Inc. (949-260-1600), which now operates 360 coffeehouses plans to open 1,200 to 1,500 coffeehouses nationwide within the coming five to seven years. The company has already signed six major franchise agreements which would add as many as 427 new units. Deidrich recently signed nine leases for company-owned units in FL, Southern CA, NC, Phoenix, AZ and Portland, OR.

Wendy’s International Inc. (614-764-3100) plans to open 520 restaurants this year trading as Wendy’s and Tim Horton’s, up from the 482 it opened during 1999. The company’s original goal for 1999 was 560 new units, but projections were cut back so the company could focus more closely on enhancing returns and the quality of its products.

Frisch’s Restaurants Inc. (513-961-2660), which operates Big Boy and Golden Corral restaurants, plans to open 21 Golden Corral units in Cincinnati and Dayton OH, and Louisville, KY, by 2005 and four Big Boy restaurants in OH. In addition to its restaurant franchises, the company operates Clarion and Quality hotels.

Cargo Furniture Inc. (817-551-9657), a designer, retailer and wholesaler of children’s furniture, accessories and casual lifestyle furniture, plans to open a 4,000 sq. ft. Cargo Home Collection store at the Shops at Northeast Mall in Hurst, TX during July. The opening marks the chain’s effort to revamp its mall-based small store format to larger units.

J. Alexander’s Corporation (615-269-1900), which operates 21 J. Alexander’s restaurants in AL, CO, FL, IL, KS, KY, LA, MI, OH, TN and TX, plans to open a restaurant in Cincinnati, OH, during mid-year.

Charlotte Russe Holding Inc. (619-587-9900), a speciality retailer of value-priced apparel and accessories for young women, opened 11 stores during the its first fiscal quarter after opening 11 stores during its previous quarter. The company’s goal is to open 30 to 33 stores during fiscal 2000. At the end of its first quarter, the company operated 107 stores trading as Charlotte Russe and Rampage.

Home Depot (770-433-8211) lost its bid to open a store in Englewood, NJ. City officials, citing intense opposition by homeowners, plan to scuttle the project by outlawing retail on the proposed site near Route 4 in the industrial section of the city. Home Depot operates stores in Paramus, Lodi, Clifton, Totowa, Riverdale and Secaucus.

Target Stores (612-304-6099) plans to open a 126,200 sq.ft. store at Moorland Commons in New Berlin, WI during October. The company is also planning to develop a store on a 17-acre parcel of land at the intersection of Atlantic Boulevard and San Pablo Road in Jacksonville, FL. Size of the store and its proposed opening date have yet to be determined. Growth plans call for opening 70 Targets of 90,000 sq.ft. to 125,000 sq.ft. and 15 SuperTargets of 180,000 sq.ft. this year. In other news, the company recently changed its name from Dayton Hudson Corp. to Target Corp.

Northern Tool & Equipment Co. (612-894-9510) plans to open a 24,000 sq.ft. tool and home-equipment store in Rock Hill, SC by the end of the year. The company operates 38 stores in 14 states. Nearly two-thirds of its business is derived from catalog sales, however the company plans to expand its chain in the Southeast.

Gaylan’s Trading Co. (317-839-7322) plans to open an 80,000 sq.ft. sporting goods store at The Parks at Arlington in Arlington, TX during March 2001. The store will be located across from Mervyn’s. The company also plans to open an 80,000 sq.ft. store at Stonebriar Centre in Frisco, TX during August 2001. Other tenants expected to anchor the mall include Macy’s, J.C. Penney, Sears, Foley’s and Nordstrom. The stores will be chain’s first two in the TX market. The company currently operates 18 stores, mostly in the Midwestern region.

IHOP Corp. (818-240-6055) plans to open several pancake restaurants in NE this year. The first 5,000 sq.ft. unit will open next month in Omaha, a second 5,000 sq.ft. unit will open during late May in Lincoln, and a third restaurant will open during June in LaVista. A second Lincoln unit and two additional Omaha restaurants are planned for later this year. Overall, the company is planning to open 90 restaurants nationwide this year.

Bealls Department Store (941-747-2355) plans to open a 60,000 sq. ft. store at Seminole Mall in Seminole, FL this month. The store will occupy a former Uptons location, which closed all of its stores last year.

Max & Erma’s Restaurants Inc. (614-431-5800) plans to open eight restaurants during fiscal 2000 and 2001 in IN, KY, MI, NC, OH and PA. All but four of the company’s 52 existing restaurants are located in suburban areas. Of the existing company-owned units, 36 are freestanding and 16 are in-line shopping center and mall locations.

Lowe’s Home Improvement Warehouse (336-658-4000) plans to open a 135,000 sq.ft. store in North Attleboro, MA. Construction on the store is expected to commence during May.

CVS (401-765-1500) plans to open a freestanding 10,000 sq.ft. drug store in Palmer, MA.

O’Reilly Automotive, Inc. (417-862-3333) plans to open 100 auto parts stores in northern and eastern TX before the end of the year. Included in that number is the 14-unit Gateway Auto Supply chain O’Reilly recently acquired for $5 million. Of the 120 openings, 50 are expected to take place in the Dallas-Fort Worth market. Currently, the company operates 571 stores in AR, IL, IA, KS, LA, MO, NE, OK and TX.

Burger Buster Inc. trades as Taco Bell, KFC and Pizza Hut at 83 locations in MD, NC, VA and WV. The fast food restaurants occupy spaces of 2,500 sq.ft. to 4,000 sq.ft. in freestanding facilities, outlet and strip centers. Growth opportunities are sought in the existing markets. Preferred demographics include a population of 25,000 within one mile earning $30,000 as the average income. Leases running 40 years are typical.

For more information, contact Byron Chandler, Burger Buster Inc., 302 Hickman Road, Charlottesville, VA 22911; 804-971-9957, Fax 971-9958.

Fox’s Pizza Den Inc. trades as Fox’s Pizza Den at 205 locations in AL, AZ, FL, GA, ID, LA, MD, MI, MO, NC, NY, OH, PA, SC, TN, TX, VA and WV. The restaurants, serving pizza and sandwiches, occupy spaces of 1,000 sq.ft. to 2,000 sq.ft. in freestanding facilities, strip and specialty centers. Plans call for as many as 50 openings in the coming 18 months. Expansion will take place nationwide. The company is franchising, with leases of five years being typical.

For more information, contact James Fox, Fox’s Pizza Den Inc., 3243 Old Frankstown Road, Pittsburgh, PA 15239; 724-733-7888, Fax 325-5479.

Sub Station II, Inc. trades as Sub Station II at 90 locations in AL, CA, GA, KY, NC, NV, SC, TN and VA. The restaurants, specializing in subs and deli-style sandwiches, occupy spaces of 1,500 sq.ft. in freestanding facilities or strip centers. Preferred co-tenants include grocery stores, K-Mart and Wal*Mart Supercenters. Plans call for as many as 15 openings in the coming 18 months. Expansion will take place in AL, CA, GA, KY, NC, NV, SC, TN and VA. The company is franchising and leases running three to five years, with options, are typical.

For more information, contact Susan Vaden, Sub Station II, Inc., 425 North Main Street, Sumter, NC 29150; 803-773-4711, Fax 775-2220.

La Senorita Restaurants operates Mexican food restaurants at 16 locations in MI. The restaurants occupy spaces of 7,500 sq.ft. in freestanding facilities. Future expansion is planned in the existing market. The company prefers to purchase its sites.

For more information, contact Ken Kleinrichert, La Senorita Restaurants, 1026 Hannah Street, Traverse City, MI 49686; 231-947-8889, Fax 947-8137.

Restaurant Sites represents several concepts, one of which trades as Friendly Ice Cream at 700 locations in the Eastern, Midwestern and Southern regions. The family restaurants occupy spaces of 4,000 sq.ft. in freestanding facilities. Plans call for 20 openings in the coming 18 months. Expansion will take place in the Northeastern region. Leases running 15 years are typical and the company is franchising.

Old Country Buffet/Hometown Buffet operates 479 locations nationwide. The buffet-style restaurants occupy spaces of 8,500 sq.ft. in strip centers. Plans call for 10 openings in the coming 18 months. Expansion will take place in NJ, NY and throughout New England. Preferred demographics include a population of 150,000 within three miles earning $45,000 as the average income. Leases running 15 years are typical.

Chili’s Restaurants operates 475 locations nationwide. The casual restaurants occupy spaces of 6,000 sq.ft. in freestanding facilities near regional malls. Plans call for 10 openings in the coming 18 months. Expansion will take place throughout New England. Preferred demographics include a population of 100,000 within five miles earning $55,000 as the average income. Leases running 15 years are typical.

Bertucci’s Restaurant operates 85 locations in the Eastern and Southern regions. The Italian restaurants, specializing in brick oven pizza, occupy spaces of 4,500 sq.ft. in freestanding facilities and end caps of strip centers. Plans call for six openings this years and 12 openings during 2001. Expansion will take place from Boston, MA to Philadelphia, PA.

Starbucks operates 3,000 locations nationwide. The coffee shops occupy spaces of 1,800 sq.ft. in freestanding facilities. Growth opportunities are sought in central and western MA.

Jose Tejas operates five locations in DE, MA and NJ. The restaurants occupy spaces of 7,000 sq.ft. in freestanding facilities on three acres of land. Plans call for three openings in the coming 18 months. Expansion will take place in Washington, D.C. Preferred demographics include a population of 750,000 within three miles earning $55,000 as the average income.

Shorty’s Restaurant operates six locations in NH. The restaurants occupy spaces of 6,000 sq.ft. in freestanding facilities. Plans call for three openings in the coming 18 months. Expansion will take place in MA and NH. Preferred demographics include a population of 100,000 within three miles earning $60,000 as the average income. Leases running 15 years are typical and the company cites Applebee’s as competition.

Kentucky Fried Chicken operates more than 450 locations nationwide. The fast food restaurants, specializing in fried chicken, occupy spaces of 3,500 sq.ft. in freestanding facilities on a half acre of land. Plans call for three openings in the coming 18 months. Expansion will take place in western MA.

On The Border operates 50 locations nationwide. The Mexican restaurants occupy spaces of 7,500 sq.ft. in freestanding facilities. Plans call for 10 openings in the coming 18 months. Expansion will take place in upstate NY and throughout New England.

Dakota Steakhouse operates eight locations in CT, NY and VT. The steakhouses occupy spaces of 10,000 sq.ft. in freestanding facilities. Plans call for two openings in the coming 18 months. Expansion will take place in the Northeastern region.

For more information on the above 10 concepts, contact Richard Gallivan, Restaurant Sites, 28 Somers Road, Hampden, MA 01036; 413-566-0216, Fax 566-2227, e-mail growth@restaurantsites, home page www.restaurantsite.com

Bojangles’ Restaurants Inc. trades as Bojangles’ Famous Chicken ‘N Biscuit at 260 locations in AL, FL, GA, KY, NC, PA, SC, TN and VA. The restaurants occupy spaces of 3,500 sq.ft. in freestanding facilities. Expansion is planned in existing markets, with projections of 50 restaurants to open in the coming 18 months. Preferred demographics include a population of 30,000 within a three-mile radius, earning average incomes between $25,000 to $40,000. Locations near big box tenants are preferred. The company is franchising. A 15-year lease, with three options of five years each, are typical.

For further information, contact Victor Webber, Bojangles’ Restaurants Inc., 9432 Southern Pines Boulevard, Charlotte, NC 28273-5557; 704-527-2675, Fax 704-523-6676.

Marco’s Inc. trades as Marco’s Pizza at 130 locations throughout IN, MI, OH and PA. The pizza carry-out and delivery concept occupies spaces of 1,400 sq.ft. in strip centers. Plans call for opening 24 stores in the next 18 months, with growth taking place in existing markets. Preferred sites are near TCBY, video or bagel stores. Preferred demographics include a population of 25,000 within three miles earning $32,000 as the average income. A vanilla shell and tenant improvement allowances are required.

For further information, contact Eric Schmidt, Marco’s Inc., 5252 Monroe Street, Toledo, OH 43623; 419-885-7000, Fax 885-5215.

International Dairy Queen Inc. does business as Dairy Queen at 6,000 locations nationwide and internationally. The ice cream and burger restaurants occupy spaces of 1,200 to 1,600 sq.ft. in freestanding facilities, strip and power centers. Preferred anchors include big box retailers. Plans call for 180 openings in the coming 18 months. Expansion will take place both nationally and internationally. The company is franchising and signs leases running seven to ten years. The company requests a vanilla shell and a tenant improvement allowance.

For further information, contact Jim Goeppner, International Dairy Queen Inc., P.O. Box 39286, Minneapolis, MN 55439-0286; 612-830-0200, Fax 612-830-0450.

LDD Corporation does business as Mr. Gatti’s at 172 locations in AL, AR, FL, GA, IN, KY, LA, MS, MO, NC, OH, OK, SC, TN and TX. The restaurants occupy spaces of 1,200 sq.ft. to 25,000 sq.ft. in freestanding facilities, power and strip centers. Growth opportunities are sought in the Southeastern region. The company is franchising and growth will take place through both franchised and company-owned locations.

For more information, contact Tom Ratcliffe, LDD Corporation, 444 Sidney Baker South, Kerrville, TX 78028; 830-257-2000, Fax 257-2003.

Boston Chipyard Inc. trades as Chipyard at one location in MA. The cookie store is seeking spaces from 500 sq.ft. to 1,999 sq.ft. in regional malls. Growth opportunities are sought nationwide.

For more information, contact Mark Hurwitz, Boston Chipyard Inc., 100 West Chapman Avenue, Orange, CA 92666' 714-547-0997, Fax 538-2537.

All American Frozen Yogurt trades as All American Ice Cream & Frozen Yogurt Shops at 27 locations in CA, ID, OR, TX and WA. The frozen dessert restaurants occupy spaces of 150 sq.ft. to 1,200 sq.ft. in regional malls, specialty and strip centers. Plans call for six openings in the coming 18 months. Expansion will take place in AZ, CA, CO, ID, NV, NM, OR, TX, UT and WA. Preferred demographics include a population of 12,000 within two miles. Leases running seven to ten years are typical and the company, which is franchising, cites Baskin Robbins and TCBY as competition.

For more information, contact C.R. Duffie, Jr., All American Frozen Yogurt, 812 SW Washington Street, #1110, Portland, OR 97205; 503-224-6199, Fax 224-5042.

Giff’s Sub Franchise System Inc. trades as Giff’s Subs at seven locations in FL. The restaurants, serving steak subs, soups and salads, occupy spaces of 800 sq.ft. to 1,000 sq.ft. in strip centers. Growth opportunities are sought in the existing market.

For more information, contact Lance Arnette, Giff’s Sub Franchise System Inc., 4 Cambridge Avenue, Fort Walton Beach, FL 32547; 850-864-5468.

Steak-Out Franchising, Inc. trades as Steak-Out at 86 locations in AL, AZ, CO, FL, GA, IL, IN, KS, KY, LA, MD, MO, MS, NC, SC, SD, TN and TX. The take-out and delivery restaurants, specializing in chicken, steaks and burgers, occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in freestanding facilities and strip centers. Plans call for 30 openings in the coming 18 months. Expansion will take place in the Midwestern, Southeastern and Western regions. Preferred demographics include a population of 40,000 within three miles earning $42,000 as the average income. Leases running five to ten years are typical and the company is franchising.

For more information, contact Joe McCord, Steak-Out Franchising, Inc., 6801 Governors Lake Parkway, Suite 100, Norcross, GA 30071; 770-493-6110, Fax 493-6093.

Oh! Brian’s operates 11 locations in NC and VA. The full-service, casual theme restaurants occupy spaces of 6,500 sq.ft. in freestanding facilities. Growth opportunities are sought in the existing markets. The company is franchising.

For more information, contact James Reynolds, Oh! Brian’s, PO Box 340, McLeansville, NC 27301; 336-621-0005, Fax 621-0094.

Staubach Investments has the listing to sell a 42,887 sq.ft. Sports Authority on 3.4 acres with a 5 to 1 parking ratio, in Woodbridge, NJ. The store is located at the intersection of US Highway One and Highway Nine in an established retail corridor. The tenant has 20 years remaining on its NNN lease, which is guaranteed by Kmart. In addition, the lease includes five options of five years each. The asking price is $9.92 million.

For more information, contact John Pearson at (972-361-5101) or Kyle Woo at (972-361-5092).

Renz & Renz Real Estate Brokerage represents a client selling all or part of 29.7 acres in Gilroy, CA. The site has access to Freeway 101 and a railroad spur at the rear of the property. The parcel is located near three major motels, a Shell gas station and a Jack In The Box Restaurant. The asking price is $5.00 per sq.ft., with owner financing, ground lease or exchange possible.

For more information, contact George L. Renz at (408-846-1031), Fax (846-1042) or e-mail (grenz@ccim.net).

Colliers, Lanard & Axilbund has the listing to sell an 11,000 sq.ft. Party City located on 1.429 acres in Pleasant Hills, PA. The asking price is $2.461 million, based on a cap rate of 9.25%.

For more information, contact George Gallagher at (800-821-1573, ext. 3326), Fax (434-4705) or e-mail (ggallagh@comps.com).

Holliday Fenoglio Fowler represented LaSalle Investment in its purchase of The Village at Westlake, a 217,585 sq.ft. shopping center in the West Lake Hills suburb of Austin, TX for an undisclosed purchase price from INVESCO Realty Advisors. The center is located on 49 acres at the southeast corner of Bee Caves Road and Capital of Texas Highway. Major tenants include Albertson’s, Barnes & Noble, The Market, Old Navy and Blockbuster Video. Restaurants in the center include Romano’s Macaroni Grill, Canyon Cafe and La Madeleine.

For more information, contact Jim Batjer and Adam Howells at (214-265-0880).

Inland Real Estate Sales, Inc. has the listing to sell two 9,000 sq.ft. buildings on two acres at the intersection of Quentin Road and Northwest Highway in Palatine, IL. Key tenants are Pet Food Warehouse, Maytag and Oak Alley Saloon. The asking price is $1.99 million, and all the tenants have NNN leases.

For more information, contact Susan Valle or Richard Kehoe at (847-615-3500).

TX International Real Estate is in the market to acquire $100 million worth of NNN leased properties. Properties of interest should be leased to Wal*Mart, Eckerd, Kmart or Walgreens. Tenants with 20-year leases and prices based on a 9.5% cap are also preferred. The company is also seeking to acquire single tenant NNN properties throughout Texas. Properties of interest should have five to ten year leases, and asking prices under $400,000.

For further information, contact Jim Krebs at (512-388-5925), Fax (246-8214) or e-mail (jkrebs@austin.rr.com).

Konover Property Trust, Inc. recently sold its shopping centers in Casa Grande, AZ to Casa Grande Capital Group, LLC for $3.2 million. The 141,908 sq.ft. project is anchored by Westpoint Pepperell. The company also sold its shopping center in Sulphur Springs, TX to Five Prime Properties, Inc. for $2.2 million. The 84,917 sq.ft. project is anchored by Vanity Fair.

For more information, contact C. Cammack Morton at (919-462-8787), Fax (462-8799), home page (www.konovertrust.com).

Western Properties Trust recently acquired the remaining 50% interest of Pine Creek Shopping Center in Grass Valley, CA for $9.97 million. The company already owned a 50% interest in the 213,000 sq.ft. shopping center which is anchored by Raley’s Supermarket and J.C. Penney.

For more information, contact Bradley N. Blake or Barbara J. Donham at (888-831-5770).

Higgins Realty Group represents an investment group in the market to acquire a shopping center of up to 100,000 sq.ft. in MI to complete a 1031 Exchange.

For more information, contact Jeffrey W. Higgins at (248-258-0500), e-mail (jhiggins@higginsrealtygroup.com).

Cohen & Company has the listing to sell Plaza 12 Shopping Center in Carteret, NJ. The 65,000 sq.ft. project, located at Exit 12 of the NJ Turnpike and Roosevelt Avenue, is anchored by Walgreens and McDonald’s. The asking price for the 70% occupied center is $6 million and financing is available.

For more information, contact Andrew Cohen at (212-679-1222), Fax (679-1533).

Aquila Realty Inc. has the listing to sell two building and/or restaurant pad sites in Meridian Township, MI. The sites are located adjacent to Circuit City and near the Meridian Mall. The company has the listing to sell outlots at Silver Lake Village in Fenton, MI. The 180-acre mixed-use development is anchored by Kmart, Home Depot and Farmer Jack. The company has the listing to sell outlots at a planned 200-acre mixed-use project in Grand Blanc Township, MI. The company also has the listing to sell outlots at a planned 300,000 sq.ft. shopping center in Ypsilanti Township, MI.

For more information, contact Cathy Wilson at (248-723-1505).

O’Connell and Co., Inc. represents a client in the market to acquire strip centers in eastern, MA. Preferred properties should have two anchor tenants and space available for the client’s personal business. Properties priced between $3 million and $4 million are also of interest.

For more information, contact Frederick O’Connell at (508-875-6623).

Belle Terre Properties represents a client in the market to acquire community, power and strip centers having GLAs of at least 20,000 sq.ft. Preferred projects should have national and local tenants paying a minimum of $15 to $18 psf in annual rent.

For more information, contact Kevin Dalcourt at (337-232-8264), Fax (291-1767).

Richman Realty Associates has the listing to sell a group of Don Olson stores located mainly in FL. The tenant has 20-year NNN leases with increases. The asking prices range from $1.2 million to $1.7 million based on 9% cap rates.

For more information, contact Richman Realty Associates at (561-852-7090), e-mail (syrich@aol.com).

DEVCON Enterprises, Inc. recently acquired Big Y Plaza in Manchester, CT. The 105,330 sq.ft. project, located just off I-84 at Exit 63, is anchored by a 65,250 sq.ft. Big Y Supermarket, Rite-Aid, West Coast Video, Lucky Dollar Store and King Buffet. The center will be managed by Devcon’s management division. This is one of many projects Devcon has completed as it continues with its push to aggressively pursue development and acquisition opportunities throughout the East Coast.

For more information, contact J.R. Cody III at (860-521-6999), e-mail (jrcody@devconenterprises.com).

R. Calabrese Agency has the listing to sell Daddona Property in Waterbury, CT. The four acre site is located adjacent to BJ’s Wholesale Club, Bradlees, Stop & Shop, McDonald’s and Burger King. The asking price is $1.2 million.

For more information, contact Ralph Calabrese at (203-573-0342), Fax (755-7962).

Voit Commercial Brokerage has the listing to sell 15 shopping centers in Southern CA. The properties range in size from 5,138 sq.ft. to 170,334 sq.ft. and are anchored by tenants such as Stater Bros. Supermarkets, Ralphs, Sav-On, Montgomery Ward, Smart & Final, Ross, Lucky, Albertson’s and Rite Aid. Asking prices range from $1.065 million to $15.9 million. The company has the listing to sell a 23,500 sq.ft. OfficeMax store in Southern CA. The asking price is $3.55 million. The company has the listing to sell an Eckerd Drug stores in the Southeastern region. The asking prices range from $2 million to $3 million. The company has the listing to sell a 3,504 sq.ft. Chief Auto Parts store in Southern CA. The asking price is $1.236 million. The company has the listing to sell a 29,000 sq.ft. Office Depot in Southern CA. The asking price is $6.43 million. The company has the listing to sell a 3,126 sq.ft. Del Taco restaurant in Southern CA. The asking price is $950,000. The company has the listing to sell a 24,039 sq.ft. L.A. Fitness club in Southern CA. The asking price is $2.346 million. The company also has the listing to sell a 15,120 sq.ft. Walgreens store in Northern CA. The asking price is $6.115 million.

For more information, contact Joe Cyr at (949-851-5100), Fax (261-9092), e-mail (jcyr@voitco.com).

Pipe Line Petroleum does business as Park-Mart at 11 locations in NJ and PA. The convenience stores, which also sell gasoline, occupy spaces of 1,500 sq.ft. to 3,000 sq.ft. in freestanding facilities. Growth opportunities are sought in the existing markets.

For more information, contact Lisa Ebert, Pipe Line Petroleum, PO Box 159, Macungie, PA 18062; 610-967-2227, Fax 967-4499.

J&M Davis Industries trades as Jim Dandy and Handy House Food Store at 19 locations in NC. The convenience stores, which also sell gasoline, occupy spaces of 1,800 sq.ft. in freestanding facilities. Growth opportunities are sought in the existing market.

For more information, contact James Davis, J&M Davis Industries, 201 Arendell Street, Morehead City, NC 28557; 252-247-6902, Fax 247-7014.

Mirabito Fuel Group trades as Quickway at 45 locations in NY. The convenience stores occupy spaces of 3,400 sq.ft. in freestanding facilities. Plans call for three openings in the coming 18 months. Expansion will take place in the existing market. Preferred demographics include a population of 20,000 within 1.5 miles.

For more information, contact Rich Mirabito, Mirabito Fuel Group, 44 Grand Street, Sidney, NY 13838; 607-561-2700, Fax 563-1460.

BP Amoco trades as BP Express, Amoco, BP Shops and Amoco Food Stores at more than 3,000 locations nationwide, exclusive of AR, CA and TX. The convenience stores, which also sell gasoline, occupy spaces of 700 sq.ft. to 4,000 sq.ft. in freestanding facilities on land areas between 15,000 sq.ft. and two acres. Plans call for 70 openings in the coming 18 months. Expansion will take place nationwide, exclusive of AR, CA and TX. The company’s new convenience stores include an on-site bakery, in-store restrooms and an ATM.

For more information, contact the Director of Real Estate, BP Amoco, 3 West 28301 Ferry Road, Warrenville, IL 60555; 630-836-4341, Fax 836-4524.

Strategic Financial Network, Inc. (516-822-3000) provides permanent first mortgages from $250,000 to $2 million. Bridge loans for up to six month with no prepayment penalty are also available. Acceptable properties include strip centers, auto repair buildings and mixed-use properties. Other properties considered include industrial buildings and warehouses, office buildings, apartments and mobile home parks. The company does not provide land development or construction loans. Money is lent on the value of the land in its raw, undeveloped state. The company will loan money for properties located nationwide. Terms run as long as 15 years with no prepayment penalty and no lock-outs. www.loans4business.com

Vista Capital Consulting Corp. (212-422-4100) has expanded its business consulting services to include a full array of commercial mortgage loan products. The new commercial mortgage consulting division assists clients with the structuring and placement of commercial mortgage loans for retail properties, as well as for apartments, office buildings, industrial properties and hotel/motels, nationwide.

Capital Resource Group (630-629-0408) offers financing for NNN leased properties. If the tenant in S&P rated BBB or better, the borrower may qualify for a maximum loan amount. In addition, the company arranges conventional real estate loans and cash-flow loan on lease rent payments. The benefit to the developer/borrower include: maximum loan proceeds with debt service as low as 1.003x; competitive rates based largely on credit rating of tenant; up to 100% of property’s NOI including future rent increases; non-recourse loans and funding within four to eight weeks. Eligible properties, including ground leases, retail anchor tenants, office buildings, industrial uses, hospital healthcare facilities, hotels/motels/resorts and others. The company also provides build-to-suit construction financing.

Metro Commercial Real Estate Inc. (609-866-1900) leased 5,500 sq.ft. to Ruby Tuesday in the Marketplace at Neshaminy, which is anchored by Home Depot and Target, in Bucks County, PA.

Inland Commercial Property Management, Inc. (630-954-5656) leased 2,559 sq.ft. to Radio Shack at Aurora Commons in Aurora, IL; 1,439 sq.ft. to Quizno’s at Westbank Plaza in Hillside, IL; 6,400 sq.ft. to Mattress Giant at Crestwood Plaza in Crestwood, IL.

Winick Realty Group (212-792-2650) leased 1,500 sq.ft. to Massimo Felice -- La Nonna, an Italian restaurant, at 133 West 13th Street in New York City.

Coyote Management (972-248-9374) leased space in the Sikes Center Mall in Wichita Falls, TX to Tilt, Books-A-Million, Vitamin World, Gap and Maurices.

Neal Realty & Investments, Inc. (954-568-0530) leased 2,200 sq.ft. to Burger King at Seawalk Pointe, anchored by Wal*Mart, in Hallandale, FL. The lease is for 20 years and valued at $1.5 million.

H&R Retail (410-308-0800) leased 5,855 sq.ft. to Lot Stores at Penn Mar Shopping Center in Forestville, MD; 5,250 sq.ft. to Lot Stores at H Street Connection in Washington, D.C. and 5,362 sq.ft. to Original Pancake House at Broaddale Shopping Center in Falls Church, VA.

CB Richard Ellis Retail Services (714-939-2255) leased 22,000 sq.ft. to 99 Cents Only Store at a former 15,000 sq.ft. Petco store plus the adjacent 7,270 sq.ft. space in Huntington Beach, CA.

The Cafaro Company (330-747-2661) leased 3,472 sq.ft. to Rue 21 at Kentucky Oaks Mall in Paducah, KY; 1,681 sq.ft. to Trade Secret at Huntington Mall in Barboursville, WV and 3,472 sq.ft. to Rue 21 at Governors Square Mall in Clarksville, TN.

Insignia/ESG Retail Group (215-561-8900) leased 98,784 sq.ft. to Ames Department Store at a former Caldor location at Boulevard Plaza in Philadelphia, PA.

Trammell Crow Company (561-394-3388) leased 3,051 sq.ft. to Dollar Plus Stuff at the 121,104 sq.ft. Boca Valley Plaza in Boca Raton, FL.

dba Camp Hilton Head

Director of Real Estate

90 Beach City Road

Hilton Head Island, SC 29926

843-681-4101, Fax 681-3666

The six-unit chain operates locations in SC. The apparel stores occupy spaces of 2,500 sq.ft. in specialty centers and tourist markets. Plans call for two openings in the coming 18 months. Expansion will take place in Charleston and Hilton Head, SC. Leases running five years, with options, are typical.

dba Dress Code

Scott Ellis

4900 Highlands Parkway

Smyrna, GA 30082

770-432-0636, Fax 432-2499

The eight-unit chain operates locations in FL, GA, LA and MS. The stores, selling casual apparel and sportswear, occupy spaces of 4,500 sq.ft. in strip centers. Growth opportunities are sought in the Atlanta, GA market. Leases running three years are typical.

dba Discount Fabric Center

Randy Merritt, Charles Mareh

2800 East Ponce De Leon Avenue

Decatur, GA 30030

404-371-0363, Fax 371-0364

The five-unit chain operates locations in GA. The stores, selling fabrics, occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in specialty and strip centers. Growth opportunities are sought in the existing market. Preferred demographics include a population of 100,000 within 10 miles earning $30,000 as the average income. Leases running three to five years are typical.

dba Robert’s Arts & Crafts

Kevin Buckner

285 East 900 South

Provo, UT 84606-6107

801-377-4311, Fax 373-1901

The eight-unit chain operates locations in ID and UT. The arts and crafts stores occupy spaces of 21,000 sq.ft. to 25,000 sq.ft. in freestanding facilities and strip centers. Growth opportunities are sought in the existing markets. Preferred demographics include a population of 100,000 within five miles earning $45,000 as the average income. Leases running 10 years for existing space and 15 years for new construction are typical.

dba Sears Auto Center, NTB

Jim Giovanazzi

3333 Beverly Road b2166A

Hoffman Estates, IL 60179

847-286-2500, Fax 286-7976

The 1,100-unit chain operates locations nationwide. The automotive service centers occupy spaces of 11,000 sq.ft. in a variety of real estate settings. Growth opportunities are sought nationwide.

Scott Tonn

7373 East Doubletree Ranch Road #200

Scottsdale, AZ 85258

480-348-3459, Fax 348-3474

The 202-unit chain operates locations in AZ and CA. The tire stores occupy spaces of 8,500 sq.ft. to 10,000 sq.ft. with a land area of 38,000 sq.ft. in freestanding facilities, power centers and pad sites of regional malls. Plans call for 20 openings in the coming 18 months. Expansion will take place in the metro Phoenix, AZ market. Preferred demographics include a population of 20,000 within three miles earning $75,000 as the average income. Leases running 20 years are typical.

dba Computer Doctor

Phil Helgerson

PO Box 487

Aberdeen, SD 57401

605-225-4122, Fax 225-5176

The 20+-unit chain operates locations in CA, FL, IN, IA, KY, LA, NV, ND, OR, SD, VA and Mexico. The computer repair stores occupy spaces of 600 sq.ft. to 800 sq.ft. and 1,200 sq.ft. to 1,500 sq.ft. in freestanding facilities, specialty and strip centers. Plans call for 60 openings in the coming 18 months. Expansion will take place throughout North America and in Canada. Preferred demographics include a population of 100,000 within 15 miles earning $50,000 as the average income. Leases running three to five years are typical and the company is franchising.

dba Professional Village Pharmacy

Mark Eason

128 Cole Road

Monroe, MI 48162

734-242-2966, Fax 242-1590

The seven-unit chain operates locations in MI. The drug stores occupy spaces of 1,200 sq.ft. to 1,300 sq.ft. in medical complexes, specialty and strip centers. Plans call for one opening in the coming 18 months. Expansion will take place in the existing market. The company prefers to own its locations, but does sign leases running 15 years.

dba A&B Drug, Banks Apothecary, Ellis Drugs, State Street Pharmacy

Robert Milner

724 Haddon Avenue

Collingswood, NJ 08108-3712

856-858-9292, Fax 858-7286

The 14-unit chain operates locations in NJ and PA. The drug stores occupy spaces of 5,000 sq.ft. in downtown store fronts, freestanding facilities and strip centers. Plans call for two openings in the coming 18 months. Expansion will take place in the existing markets.

dba Marcus Theater

Katie Falvey

250 East Wisconsin Avenue #1600

Milwaukee, WI 53202-4223

414-905-1140, Fax 905-2878

The 51-unit chain operates locations in IL, MN, OH and WI. The movie theaters occupy spaces of 45,000 sq.ft. to 50,000 sq.ft. in freestanding facilities, regional malls and strip centers. Growth opportunities are sought in the existing markets.

dba Charge

Jerome L. Harris

145 Sycamore Avenue

Islandia, NY 11749

516-348-0303, Fax 348-0804

The 12-unit chain operates locations in CA, FL, GA, IL, OK, TN, TX and VA. The general merchandise stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in regional centers located near military bases. Growth opportunities are sought in the existing markets. A five-year lease is the norm.

dba The Wooden Key

James Sinclair

887 West Carmel Drive

Carmel, IN 46032

317-573-3990, Fax 573-3992

The 24-unit chain operates locations in IL and IN. The card and gift stores occupy spaces of 4,000 sq.ft. in regional malls, power and strip centers. Growth opportunities are sought in the existing markets. Leases running 10 years are typical.

dba Rider’s Hobby Shop

Brent Martin

4627 Platt Lane

Ann Arbor, MI 48108

734-477-7000, Fax 477-7003

The 16-unit chain operates locations in GA, MI, OH, TX and VA. The stores, selling family-oriented recreational products, occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in strip centers. Plans call for as many as four openings in the coming 18 months. Expansion will take place in IL, IN and OH. Preferred demographics include a population of 150,000 within five miles earning $35,000 as the average income. Leases running five years are typical.

George Poulos

2105 Barrett Park Drive

Kennesaw, GA 30144

770-421-2950, Fax 421-2963

The 16-unit chain operates locations in FL, GA and SC. The lumber yards, which cater to commercial and industrial contractors, occupy spaces of at least 60,000 sq.ft. in freestanding facilities on six to eight acres of land with rail service. Growth opportunities are sought in the existing markets.

dba Wall Paper Atlanta

Bobby Williams

5903 Peachtree Industrial

Norcross, GA 30092

770-449-5180, Fax 446-6237

The nine-unit chain operates locations in GA, of which seven locations are franchised. The stores, selling wallcoverings and window treatments, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding facilities and strip centers. Growth opportunities are sought in the Atlanta, GA market. The company is franchising.

dba Guitar Center

Robert Stannard

c/o Insite Real Estate Services

5155 Clareton Drive

Agoura Hills, CA 91301

818-735-8800, Fax 735-7923

The 71-unit chain operates locations in AZ, CA, CO, CT, FL, GA, IL, LA, MD, MA, MI, MN, MO, NV, NJ, NY, OH, OR, TN, TX, UT and WA. The stores, selling musical instruments, occupy spaces of 15,000 sq.ft. to 16,000 sq.ft. in freestanding facilities and strip centers. Plans call for 14 openings in the coming 18 months. Expansion will take place nationwide. Preferred demographics include a population of one million within 30 miles earning $35,000 as the average income. Leases running 10 years are typical.

Leslie Mayer

c/o Mayford Group

11611 San Vicente Boulevard, Suite 804

Los Angeles, CA 90049

310-826-2600, Fax 826-2682

The 60-unit chain operates locations nationwide. The self-service shoe stores occupy spaces of 25,000 sq.ft. in downtown store fronts, freestanding facilities, end caps of strip centers and in power centers. Plans call for 25 openings in the coming 18 months. Expansion will take place in CA. Preferred demographics include a population of 350,000 within seven to ten miles earning $60,000 as the average income. Leases running 10 to 15 years, with options, are typical and the company will consider second generation space.

dab Aaron Brothers Art & Framing

Elizabeth Hoxworth

1270 Goodrich Boulevard

Los Angeles, CA 90022

323-725-6226, Fax 726-7008

The 95-unit chain operates locations in AZ, CA, CO, NV, OR, TX and WA. The stores, selling art supplies and offering custom framing services, occupy spaces of 6,500 sq.ft. in downtown store fronts, freestanding facilities, power, specialty and strip centers. Plans call for 35 openings in the coming 18 months. Expansion will take place in the existing markets. Preferred demographics include a population of 75,000 within three miles earning at least $50,000 as the median income. Leases running 10 years are typical.

dba Raspberry Junction

Dwight Kettlehut

PO Box 306

North Stonington, CT 06359

860-535-0324, Fax 535-8057

The company operates one unit in CT. The concept, which features an indoor craft fair that leases space to crafters, occupies spaces from 6,000 sq.ft. to 10,000 sq.ft. on one to 2.5 acres of land. Plans call for as many as eight openings in the coming 18 months. Expansion will take place in CT, RI, MA, VT, NH, ME, NJ, NY and PA. 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 cites Cape Cod Crafters as competition.

Mark Katz

c/o H&R Retail

9475 Deerco Road

Timonium, MD 21093

410-308-0800, Fax 308-0676

The 28-unit chain operates locations in CT, MD, NJ, NY, PA and Washington, D.C. The natural foods supermarkets occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in freestanding facilities and strip centers. Preferred co-tenants include lifestyle retailers. Growth opportunities are sought in the existing markets. Preferred demographics include a population of 75,000 college-educated families within the trade area.

Robert Zlatkiss

3911 Orange Lake Drive

Orlando, FL 32817

407-677-8833

The 17-unit chain operates locations in FL. The video stores occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding facilities. Growth opportunities are sought in the existing market.

Allan Greenberg

9523 Kings Charter Drive

Ashland, VA 23005

804-550-2882, Fax 550-2111

The two-unit chain operates locations in VA. The video stores occupy spaces of 4,000 sq.ft. in strip centers. Growth opportunities are sought in the existing market.

dba Movie Gallery

Keith Cousins

739 West Main Street

Dothan, AL 36301

334-794-9550, Fax 794-5923

The 950-unit chain operates locations in 31 states. The video stores occupy spaces of 3,000 sq.ft. to 5,000 sq.ft. in freestanding facilities and strip centers ideally anchored by a supermarket. Plans call for 200 openings in the coming 18 months. Expansion will take place nationwide. Preferred demographics include a population of 20,000 within five miles with at least 20% of that population under the age of 18. Leases running three to five years, with options, are typical.

Storetrax.com (301-217-0100) appointed Joseph G. Stevens to vice president of national sales. Before joining Storetrax.com, Stevens was district manager for GE Capital Real Estate. Stevens will be responsible for expanding Storetrax.com, a website listing retail space in the Mid-Atlantic region. Stevens spent seven years at GE Capital, where he held numerous financial positions including two years as district manager in Washington, D.C.

The Home Depot (732-926-3667) appointed John Wicks as president of the company’s Mid-Atlantic division. In his new position, Wicks will report to Vern Joslyn, group president for the Mid-Atlantic, New England and Eastern Great Lakes divisions. The Mid-Atlantic region has 99 Home Depot stores in CT, DE, MD, NJ, NY, PA RI, VA and Washington, D.C. The Home Depot operates 915 stores in the United States, Canada, Chile and Puerto Rico.

Glimcher Group (412-765-3333) announces that Brian McAndrews has joined the company as vice president of development. In his new position, McAndrews will be in charge of new developments with a focus on retail expansion into new trade areas and identifying development needs and opportunities. Previously, McAndrew has worked with CVS and Hollywood Video as director of real estate. He was also a senior associate with CB Richard Ellis for several years.

AmREIT, Inc. (713-850-1400) announces that Janice Ryan has joined the company as executive vice president--sales and marketing. In her new position, Ryan will be responsible for heading up AmREIT’s corporate capital development in the financial planning market.

Stiles Retail Group (954-776-9300) announces that George Bartlett has been named vice president. In his new position, Bartlett will be responsible for the company’s South FL leasing, development and acquisitions. Most recently, Bartlett was director of real estate for The Sports Authority, handling market analysis and site selection throughout the Southeast and Midwest. Previously, he was the real estate area manager for Smart & Final Stores Corporation and a sales associate with CB Commercial Real Estate Group, Inc. in Miami.

CB Richard Ellis (312-861-7829) announces the promotion of Gilbert Fitzgerald to vice president from senior associate in its retail services group. Fitzgerald, who joined the firm in 1985, is part of an exclusive retail tenant representation team headed by senior vice president Richard Totaro. Team Totaro represents Gateway Computers, Blockbuster Video, Duron Paints & Wallcoverings, Waldo’s $1 Mart, The Leather Collection and Catherines.

Trammell Crow Co. (704-331-2594) and Aronov Realty Management (704-289-6547) announce that Greg Browne and C.E. Ward Nunnally Jr., respectively, have earned professional accreditation as certified shopping center managers from the ICSC.

Adams-Nelson & Associates, Inc. (540-667-2424) has been named the exclusive leasing agent for a 27,365 sq.ft. former Safeway supermarket at SouthGate Shopping Center in Culpeper, VA. Safeway moved into the larger former Jamesway space in the shopping center.

Charter Realty & Development Corp. (203-629-3939) has been retained by the Kempner Corp. and Bryant Development as the exclusive leasing agent for Liberty Rock Shopping Center in Milford, CT. The 180,000 sq.ft. project is anchored by Kmart, Waldbaum’s, Fashion Bug and Radio Shack. Both big box and pad sites are available for lease.

Southern Management & Development, L.P. (561-883-1412) has been appointed the exclusive leasing agent and broker for a 4.5 acre parcel of land located on the northwest corner of S.R. 7/U.S. 441 and Wiles Road in Coral Springs, FL. Zoned for retail development, the land is located adjacent to a new Winn-Dixie supermarket, Lowe’s Home Improvement store and Walgreens. The NY-based owner will sell or lease the land.

Checkers Drive-In Restaurants, Inc. (727-519-2000) recently announced that its subsidiary, Checkers of Chicago, Inc., has discontinued operations in the Chicago, IL metropolitan area and filed a Chapter 7 bankruptcy petition. Checkers of Chicago had operated eight restaurants as a general partner of certain limited partnerships and three restaurants which it owned, all of which were closed. The company closed because it was suffering significant ongoing losses. Checkers Drive-In Restaurants, Inc. and its franchisees own approximately 469 Checkers operating primarily in the Southeastern region and approximately 465 Rally’s operating primarily in the Midwestern region.

ShopKo Stores (920-497-2211) recently closed a 40,000 sq.ft. Pamida store in New Holstein, WI. The store was closed because of "significant changes in the New Holstein retail market," including the opening of a Wal*Mart store nearby about two year ago.

Consolidated Stores Corp. (614-278-6800) recently closed it KB Toy store at Richland Mall in Columbia, SC. No reason for the closure was given.

Roberds Inc. (937-859-5127) recently filed for Chapter 11 protection and plans to close its home furnishing stores in Bradenton, Brandon, Clearwater, Port Richey, Sarasota, Seminole and Tampa, FL as well as stores in Cincinnati, OH and Atlanta, GA. The company also plans to close its distribution facility in Tampa, effectively exiting the Tampa market. During the 21-month period from January 1998 through September 1999, the company lost $21 million and has not turned a profit since the fourth quarter of 1997. The company said that its Tampa stores have never been profitable. The closings will leave the company with 14 stores in the Dayton, OH and Atlanta markets.

Conway- Spaces from 5,000 sq.ft. are available for lease at a 35,700 sq.ft. shopping center anchored by Bedding Mart and Unpainted Furniture. The site is located adjacent to I-40, just south of U.S. Highway 64 East.

For details, contact Greg Nabholz of Nabholz Properties Inc. at (501-329-2912), e-mail (greg_nabholz@nabholz.com), home page (www.nabprop.com).

Denver- University Hills is anchored by PetsMart, King Soopers, HomePlace, OfficeMax, Just For Feet and Dress Barn. The 229,420 sq.ft. project has spaces from 1,000 sq.ft. to 10,000 sq.ft. available for lease. Demographics include a five-mile population of 343,105 earning $62,484 as the average household income.

For details, contact JDN Realty Corporation at (404-262-3252), Fax (262-3324).

Thornton- Thornton Town Center is anchored by Bigg’s Hypermarket, Bally’s Total Fitness, Home Depot, United Artists Theater and ½ Price Stores. The project has spaces from 466 sq.ft. to 7,015 sq.ft. available for lease. Demographics include a three-mile population of 133,153 earning $50,420 as the average household income.

For details, contact Amerishop Real Estate Services, L.P. at (800-767-9012), Fax (972-774-4100).

North Fort Myers- Merchants Crossing Shopping Center is anchored by Kmart, AMC 16-plex, Beall’s, Beall’s Outlet, Food Lion, Jo-Ann Fabrics and Home Depot. The project has space available for lease. Demographics include a five-mile population of 98,369 earning $38,010 as the average household income.

For details, contact Todd Wilson of Abrams Properties at (770-953-1777), e-mail (twilson@abramsproperties.com).

Rushville- Rushville Plaza is anchored by Kroger, AutoZone and Stage Stores. The 85,000 sq.ft. project has a 12,000 sq.ft. space available for lease. Retailers in the area include Wal*Mart.

For details, contact Rich Ottlinger of AAMS Corp. at (800-544-8585), Fax (847-674-8157).

Ankeny- Five outlots of 7.37 acres, 1.21 acres, 1.21 acres, 1.19 acres and 1.17 acres are available for lease fronting a Wal*Mart Supercenter. Demographics include a five-mile population of 39,788 earning $55,212 as the average household income.

For details, contact David Gustovich of Commercial Net Lease Realty, Inc. at (407-650-3670), home page (www.cnlreit.com).

Meridian Township- Meridian Pointe Shopping Center has pad sites ideal for big box retailers and restaurants available for lease. In Pontiac- Space is available for lease at a shopping center under development in the central business district.

For details, contact Cathy Wilson of Aquila Realty Inc. at (248-723-1505).

Carteret- Plaza 12 Shopping Center is anchored by Walgreens and McDonald’s. The 65,000 sq.ft. project has spaces from 5,000 sq.ft. to 25,000 sq.ft. available for lease. Demographics include a three-mile population of 76,000 earning $46,000 as the average income. Retailers in the area include ShopRite and CVS.

For details, contact Andrew J. Cohen of Cohen & Company at (212-679-1222), Fax (679-1533).

Lincoln Park- Lincoln Park Plaza is anchored by Cost Cutters, Drug Fair, McDonald’s, Franks and Carvel. The 75,000 sq.ft. project has spaces from 1,500 sq.ft. to 3,000 sq.ft. available for lease. The site is located at the intersection of Route 202, Route 511 and Comly Road.

For details, contact Tony Vita of Vita & Vita Realty Corp. at (973-227-5233), home page (www.vitarealty.com).

Manhattan- A 2,950 sq.ft. space with a 1,000 sq.ft. retail basement is available for lease on Fifth Avenue between 40th and 41st Streets. The site is located across from a public library and many national retailers are located nearby. The only restriction is that any food use must be high end. Also in Manhattan- A space from 500 sq.ft. to 2,650 sq.ft., with a basement, is available for lease on Lexington Avenue between 55th and 56th Streets. The only restriction is that no cooking may take place on the premises.

For details, contact Wayne Rose of Rose Realty Group at (718-318-1811), e-mail (roserltygp@aol.com).

Syracuse- Shop City is anchored by Peters Grocery, Ames, Eckerd, Blockbuster Video, Advance Auto and Hit or Miss. The 235,000 sq.ft. project has spaces from 2,900 sq.ft. to 20,000 sq.ft. available for lease. Demographics include a two-mile population of 63,000 earning $43,000 as the average income.

For details, contact Daniel Weinreb of Paragon Realty Group LLC at (203-254-7077), Fax (254-7081).

High Point- Centre Stage at High Point is anchored by Kroger. The 67,075 sq.ft. project has space available for lease in a 45,000 sq.ft. expansion area. The site is located two blocks from Oak Hollow Mall.

For details, contact The Rappaport Companies at (703-205-6440), Fax (204-2671), e-mail (info@rappaportco.com), home page (www.rappaportco.com).

Dallas- Pepper Square Shopping Center is anchored by Old Navy, Stein Mart, Blockbuster Music/Video and Panera Bread. The 190,000 sq.ft. project has space available for lease in the existing center as well as space available for lease in a 60,000 sq.ft. expansion area. Demographics include a three-mile population of 115,132 earning $76,137 as the average income.

For details, contact Vaughn Miller or Dan Shoevlin of Henry S. Miller Commercial at (972-419-4000), Fax (419-4099).

Dallas- Town Creek Center is anchored by Walgreens. The 91,376 sq.ft. project has spaces of 1,784 sq.ft., 2,619 sq.ft. and 10,000 sq.ft. available for lease. Demographics include a three-mile population of 162,588 earning $64,899 as the average household income.

For details, contact Steve Music of The Weitzman Group at (214-720-3665).

Manassas- Festival at Manassas is anchored by SuperFresh Supermarket, Jo-Ann Fabrics, Blockbuster and Coconuts Music. The project has spaces of 3,200 sq.ft. and 3,500 sq.ft. available for lease. In Woodbridge- Gordon Plaza is anchored by Ames and Aldi Food Store. The project has a 17,070 sq.ft. in-line space and a 3,484 sq.ft. outlot available for lease. Also in Woodbridge- Smoketown Stations is anchored by Shoppers Food Warehouse, Best Buy, Lowe’s Home Improvement, Borders, PetsMart and Gateway 2000. The project has spaces of 2,764 sq.ft., 3,203 sq.ft., 5,500 sq.ft., 5,903 sq.ft. and an anchor position of 15,836 sq.ft. available for lease.

For details, contact Gregory Ix at (215-396-1465) or Ronald Ruth of Kimco Realty Corp. at (396-1755).