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New Construction
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New ConstructionSansone Group is developing a 127,000 sq.ft. retail project located on IL Highway 161 in Belleville, IL. For more information, contact Anthony Sansone Jr. at 314-727-6664, Fax 727-6101.
Pasbjerg Development Co. recently broke ground on Home Depot Plaza, a 275,000 sq.ft. strip center located at the intersection of Routes Nine and 72 in Manahawkin, NJ. Space totaling 131,000 sq.ft. is available. Home Depot anchors the center, which is located near Wal*Mart, Kmart and Shop Rite. A December 2000 opening is planned. Parking is available for 1,500 cars, and Route 72 is the only road onto Long Beach Island, NJ. The company also recently broke ground on Jackson Plaza, a 300,000 sq.ft. strip center located at the intersection of County Line and Cook Roads in Jackson Township, NJ. The center is anchored by a 70,000 sq.ft. Shop Rite. Spaces of 1,500 sq.ft. to 120,000 sq.ft. are available. Demographics show a population of 260,000 residing within 10 miles earning $50,000 as the average income. The center is located five minutes from Six Flags Great Adventure. A July 2001 opening is planned. For more information, contact Steven Nussbaum at 973-467-0950, Fax 973-467-1809.
USA Management is developing Lakeside, a 120,000 sq.ft. strip center located in Mentor, OH. Three outlots of 10,000 sq.ft. to 20,000 sq.ft. are available. Demographics show a population of 98,178 residing within five miles earning between $50,000 and $75,000 as the average income. A September 2001 opening is planned. For more information, contact David Cooner at 440-942-8770, Fax 440-942-8962.
Marc D. Koenig Realty, Inc. plans to break ground on a 43,475 sq.ft. strip center situated on four acres and located at the intersection of Route Six and Highland Avenue in Seekonk, MA. Space totaling 43,475 sq.ft. is available. Groundbreaking is slated for the first quarter of 2001, and a fourth quarter 2001 opening is planned. Demographics show a population of 647,802 residing within 10 miles earning $37,326 as the average income. The daily traffic count is 21,000 on Route 6 and 69,000 on Route 195. Stop & Shop, Home Depot, Wal*Mart and Staples operate nearby. The market and asking rent is $16 psf to $18 psf with CAM and taxes to be determined. For more information, contact Marc Koenig at 617-739-1511, Fax 734-9990, Email mkoenig@aol.com
The Trademark Companies recently purchased 25 acres for the development of Firewheel Crossing, a 194,000 sq.ft. project with five outparcels located on the northwest corner of State Highway 190 and Campbell Road in Garland, TX. The project will be anchored by a 65,000 sq.ft. Albertson’s. Trademark acquired the land from 190 Land LP. Pad sites are available immediately, and an opening for the shopping center is projected to occur between Fall 2001 and Spring 2002. For more information on leasing, contact Fremon Baker or Susan Ridley at 817-870-1122; for more information on pad sales, contact Chris Cozby of Trammell Crow at 214-979-6387.
North American Properties is developing Midpoint Center, a 250,000 sq.ft. project located at the intersection of Veterans Parkway with a daily traffic count of 37,000 vehicles and Santa Barbara Boulevard in Cape Coral, FL. Space is available. Demographics show a population of 253,006 residing within 10 miles earning $48,347 as the average income. For more information, contact Dale Hafele or Jimmy Adkins at 941-278-1121, Fax 941-278-0995.
Paradise Development Group, Inc. is developing Paradise Crossing, a 67,460 sq.ft. strip center with five outlots available located at the intersection of Georgia State Road 92 and Lee Road in Douglasville, GA. The center is anchored by a 44,270 sq.ft. Publix. Demographics show a trade area population of 76,215 earning $52,739 as the average income. 23,200 sq.ft. is reserved for local tenants. The center contains 338 parking spaces. For more information, contact 727-726-1115, Fax 727-726-2337.
SEC Commercial Realty Group is developing Town Center at Jensen Beach, a 100,000 sq.ft.+ shopping center with a 40,049 sq.ft. and a 45,934 sq.ft. outparcel located on Northwest Federal Highway in Jensen Beach, FL. Space is available. The center is anchored by Publix. Demographics show a population of 81,000 residing within five miles (which double during the winter season), while the average income within three miles is $51,780. The daily traffic count is 60,000+ cars. For more information, contact Nora Mikula at 305-666-2140, Fax 667-1586.
Synergy Retail Group is developing Shoppes of Port St. Lucie, a 250,000 sq.ft. shopping center with three outparcels located at the intersection of Route 1 and Port St. Lucie Boulevard in Port St. Lucie, FL. Space is available. Demographics show a population of 87,775 residing within five miles earning $49,447 as the average income. For more information, contact Melody Dowd at 561-395-3303, Fax 561-395-0012.
Nearon-Doyas Properties LLC is developing The Markets at Mesa Ridge, a 141,000 sq.ft. mixed-use center in two phases located on the northeast corner of Mesa Ridge Parkway and Fountain Mesa Road in Fountain, CO. Additional pad sites, to house Sonic Drive-In, Domino’s Pizza, Conoco Breakplace and others, are also planned. The daily traffic count is 14,000 cars, and development is slated to begin during 2001. For more information, contact P.J. Anderson at 925-743-3300.
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