Retailers Expanding In The Midwest
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Retailers Expanding In The Midwest

Hall Of Cards & Books, Inc. trades as Majerek’s Hallmark/Readers World at 19 locations throughout IN and MI. The stores, specializing in books, cards, gifts and collectibles, occupy spaces of 5,000 sq.ft. to 7,500 sq.ft. in freestanding locations, downtown storefronts, power, and strip centers. Plans call for 19 openings during the coming 18 months throughout IN and MI. The company cites Lord & Taylor and JC Penney as its preferred co-tenants. The first location opened in 1948. Demographic requirements include a population of 25,000 residing within a five-mile radius earning an average income of $45,000. A vanilla shell and tenant improvement allowance is required. Leases running five years are typical.

For more information, contact Mike Majarek, Hall of Cards & Books, Inc., 313 E. Main Street, Niles, MI 49120; 616-684-5115, Fax 616-684-8428.

Ferain, Inc. trades as Rogers Hallmark Shop at six locations in KY and OH. The card stores, specializing in traditional cards and gifts, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in malls and strip centers. Plans call for expansion in KY and OH during the coming 18 months. Leases running seven to ten years are typical.

For more information, contact Dean or Doug Ferguson, Ferain, Inc., 330 Cutters Hill Court, Lexington, KY 40509; 606-263-5613.

Ferris, Baker Watts Inc. operates 29 locations in DC, DE, MD, PA, VA, and WV. The finance centers occupy spaces of 4,000 sq.ft. to 7,000 sq.ft. in office complexes and buildings, and CBDs. Plans call for seven to eight openings during the coming 18 months in OH and MI. The first location opened in 1900.

For more information, contact Roger Calvert, Ferris, Baker Watts Inc., 100 light Street Suite 800, Baltimore, MD 21202; 410-685-2600, Fax 410-468-2746.

Standex International trades as Berean Christian Stores at 21 locations in nine states nationwide. The stores, specializing in religious books, gifts, and collectibles, occupy spaces of 12,000 sq.ft. to 18,000 sq.ft. in freestanding locations, power and entertainment centers. Plans call for three openings in the coming 18 months. Expansion will take place in CA, FL, and IN. The company cites Target, Wal*Mart, and megaplexes as its preferred co-tenants, and Lifeway Family Christian Stores as its major competition. Demographic requirements include a population of 1,000,000 residing within an 18-mile radius. A vanilla shell is required.

For more information, contact Kelly J. Hampton, CB Richard Ellis, 5400 LBJ Freeway, Dallas, TX 75240; 972-458-4926, Fax 972-702-8315.

Olson Rug And Flooring Company operates 15 locations in IL. The home furnishings stores, specializing in carpet, rugs, wood flooring, and tile, occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in freestanding locations. Plans call for four openings during the coming 18 months in Barrington and Geneva, IL. The first store was opened in 1874. A vanilla shell is required, and the company will rent, lease, or buy property. Leases running five years with a five-year option are typical.

For more information, contact Rich Rosenberg, Olson Rug And Flooring Company, 832 South Central Avenue, Chicago, IL 60644; 773-921-1300, Fax 773-921-1739.

Kids Convertibles Inc., operates 10 locations in FL, IN, MA, NC, NJ, and PA. The stores, specializing in juvenile and infant furniture, occupy spaces of 3,500 sq.ft. to 4,500 sq.ft. in freestanding locations and strip centers. Plans call for two to three openings in FL, IN, northern KY, OH, and PA in the coming 18 months. The company prefers a wide storefront rather than a deeper space. Leases running three to five years are typical.

For more information, contact Bryan Pearsall, Kids Convertibles Inc., 3221 Durham Drive Suite 115, Raleigh, NC 27603; 919-779-4600, Fax 919-779-0508.

Busy Beaver Building Centers trades as Busy Beaver at 14 locations in PA and WV. The home improvement stores occupy spaces of 24,000 sq.ft. to 30,000 sq.ft. in freestanding locations and the end caps of strip centers. Plans call for three openings in OH, PA, and WV during the coming 18 months. The company requires land area for a lumber yard, and leases running 20 years are typical. Preferred demographics include a population of 50,000 residing within a radius of eight miles.

For more information, contact Bob Gumash, Busy Beaver Building Centers, 3130 William Pitt Way Building A6, Pittsburgh, PA 15238; 412-828-2323, Fax 412-828-2430.

Laundry Systems Brokers, Inc. trades as Laundry Systems at 25 locations in OH, IN, MI, and PA. The laundromats occupy spaces of 2,500 sq.ft. in strip centers, freestanding locations, and urban areas. Plans call for ten openings in OH, IN, MI, and PA during the coming 18 months. The first location opened in 1995. The company prefers a grocery co-tenant, and profiles its typical customer as a middle/lower income renter. Demographic requirements include a population of 15,000 residing within a one mile radius earning an average income of $30,000. Leases running ten years with two five-year options are typical.

For more information, contact Art Roy, Laundry Systems Brokers, Inc., 470 West Sturbridge Drive, Medina, OH 44256; 800-643-9274, Fax 330-764-3304.