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Space Place
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Space PlaceCalifornia Calexico - El Paseo Power Center is located on 40 acres at the intersection of Highway 111 and Cole Road, with a daily traffic count of 50,000 vehicles. The 360,000 sq.ft. power center is anchored by Wal*Mart and Imperial Hardware, and tenanted by Payless, Radio Shack and One-Price. Spaces of 1,000 sq.ft., 2,000 sq.ft. and 4,800 sq.ft., plus an outlot of 7,600 sq.ft. are available. Retail in the area includes Toys R Us, a 10-screen theater and a 75,000 sq.ft. supermarket. Area demographics include a population of one million within a 10-mile radius. Monthly market and asking rents are $1.25 psf, with CAM of $0.10 psf and taxes of $0.15 psf. For more information, contact Rob Hardy, Pacific Ridge Inc., Box 3427, Scottsdale, AZ 85377; 480-315-1515, Fax 480-315-0909.
Iowa Ames - HyVee Plaza is located at the intersection of Lincolnway (Highway 30) and Dotson Drive. The 134,426 sq.ft. strip center is anchored by HyVee Foods and McFarland Clinic. Space of 2,500 sq.ft., formerly occupied by Mailboxes Etc. is available. Area demographics include a population of 50,671 within five miles earning $52,179 as the average income. Asking rent is $10 psf with CAM of $3.15 psf. Waterloo - Waterloo Center is located at the intersection of Ridgeway and Sears. The 143,793 sq.ft. strip center is anchored by Office Depot and Hobby Lobby. Spaces of 900 sq.ft., 2,950 sq.ft. and 4,912 sq.ft. are available. Asking rent is $7 psf with CAM, including taxes, of $3 psf. For further information, contact Judith A. Haines, Archway Realty Corp., 16619 South Manchester, Tinley Park, IL 60477; 708-429-1270, Fax 708-429-5996.
Illinois Bartlett - A shopping center at 820 Route 59 has 21,440 sq.ft. available. Bloomingdale - A retail center at the 121 East Lake Street has 21,146 sq.ft. available. Elgin - A project at 1015 North Randall Road has 21,439 sq.ft. available. Naperville - A shopping center at 1163 East Ogden Street has 21,824 sq.ft. available. Naperville (South) - A retail center at 1267 Richert Road has 21,000 sq.ft. available. Wheaton - A shopping center at 1780 South Blanchard Street has 16,800 sq.ft. available. For more information, contact Robert J. Swierbut, NAI Hiffman, 630-693-0649, Fax 630-932-7258; Email: rswierbut@hiffman.com Chicago - San Marcos is located on Milwaukee Avenue near Fullerton with a daily traffic count of 24,000 vehicles. The 15,011 sq.ft. strip center is anchored by Blockbuster and Bubble Land. Space of 5,538 sq.ft. is available. Area demographics include a population of 1,330,137 within five miles earning $42,484 as the average income. For more information, contact Michael Jerbich, Hilco Real Estate, 5 Revere Drive, Suite 320, Northbrook, IL 60062; 847-504-2452, Fax 847-714-1289.
Louisiana LaPlace - Riverwood Shopping Center is a 150,000 sq.ft. strip center on 22 acres anchored by Kmart. Spaces of 5,000 sq.ft. and 10,000 sq.ft. are available. Area demographics include a population of 39,262 within five miles earning $48,002 as the average income. For more information, contact Robert Delavale, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 230, Fax 516-741-7128.
Massachusetts Pembroke - Pembroke Crossing is located at the intersection of Routes 53 and 139, with a daily traffic count of 25,000 vehicles. The 27,000 sq.ft. strip center is tenanted by Country Curtains, Lindt Chocolate, Rivco and Café Christina. Space of 2,000 sq.ft., formerly tenanted by Henry Weston, is available. Retail in the area includes Super Stop & Shop. For more information, contact Aidan Murray, The Grossman Company, 1266 Furnance Brook Parkway, Quincy, MA 02269; 617-472-2000, Fax 617-472-4600; Web site: www.grossmanco.com; Email: aidan@grossmanco.com
Mississippi Meridian - Meridian Plaza is a 214,000 sq.ft. strip center located on 15 acres and anchored by Kmart, Outback and CATO. Big box expansion space is available. Area demographics include a population of 263,896 within 50 miles earning $27,657 as the average income. For more information, contact Robert Delavale, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 230, Fax 516-741-7128.
Nebraska Omaha - Benson Park Plaza is located at the intersection of 72nd and Military, with a daily traffic count of 39,702 vehicles. The 380,000 sq.ft. center is anchored by Home Depot and Albertsons, and tenanted by McDonalds, IHOP and Sonic. Spaces of 25,000 to 100,000 sq.ft. are available, as well as pad sites. For more information, contact Seldin Company, Montclair Professional Center, 13057 West Center Road, Omaha, NE 68144; 402-333-7373, Fax 402-333-4281.
New Jersey Edison - Colonial Village is located on six acres at the intersection of Parsonage Road and Route 27/Lincoln Highway. The newly-remodeled center is anchored by Lingerie by Susan, Alans Fine Shoes and Ichi Ban. Spaces of 1,050 sq.ft., 1,276 sq.ft., 2,326 sq.ft. and 2,954 sq.ft. are available. Retail in the area includes Menlo Park Mall. Area demographics include a population of 114,000 within three miles earning $75,000 as the average income. For more information, contact Jaime Weiss, Weiss Realty, 1099 Wall Street, Suite 179, Lyndhurst, NJ 07071; 201-939-8333, Fax 201-939-8553. Flemington/Raritan - Town Center of Raritan is located at the intersection of Route 31 and William Faram Boulevard. The new 38,000 sq.ft. strip center is anchored by Yardville Bank. Space of 15,000 sq.ft. is available. Market rent is $18 to $24 psf and asking rent is $17 psf, with CAM, including taxes, of $4 psf. For more information, contact Julius A. Borrus, Borrus Associates Inc., 3333 US Highway 9, Old Bridge, NJ 08857; 732-679-4100, Fax 732-679-2263; Email: borruscommre@aol.com
New York Cheektowaga - Garden Village Plaza is located on 22.5 acres at the intersection of Union and French Roads, with a daily traffic count of 23,500 vehicles. The 180,000 sq.ft. strip center is anchored by Ames and Vix Drugstore. Spaces of up to 37,000 sq.ft. are available as well as a 50,000 sq.ft. outlot. Area demographics include a population of 531,242 within 10 miles earning $33,471 as the average income. Asking rent is $10 psf net, with CAM of $1 psf and taxes $1.25 psf. For more information, contact Alan Hastings, Hastings Cohn Real Estate, 423 Elmwood Avenue, Buffalo, NY 14222; 716-886-3325, Fax 716-886-0060; Web site: www.hastingscohn.com; Email: alan@hastingscohn.com Hempstead - The Hub is located at the intersection of Hempstead Turnpike and Cathedral Avenue. The 300,000 sq.ft. strip center is anchored by Home Depot, Old Navy and Stop & Shop. Pad space of 25,000 sq.ft. plus an outlot of 25,000 sq.ft. are available. Massapequa - Carmens Plaza is a 200,000 sq.ft. strip center anchored by Pathmark, Duane Reade and Blockbuster Video. Spaces of 1,000 sq.ft. to 107,000 sq.ft. are available. Area demograhics include a population of 343,391 within five miles earning $76,202 as the average income. For more information, contact Robert Delavale, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400 Ext. 230, Fax 516-741-7128. New York City - 65 Broadway is located between Wall Street and Exchange Place. The 8,500 sq.ft. urban/downtown location was previously occupied by American Express Travel Services. Retail in the area includes Mens Warehouse, Office Depot, and Bally Fitness For more information, contact Faith Hope Consolo, 212-850-0200, or Joseph A. Aquino, 212-850-0203; Garrick-Aug Associates Store Leasing, Inc., 360 Lexington Avenue, New York, NY 10017; Fax 212-953-3013; Web site: www.faith-consolo.com Ogdensburg - Gateway Plaza is located on 13 acres at the intersection of the Ford Street Extension and Route 37. The 192,161 sq.ft. strip center is anchored by Price Chopper Grocery, JoAnn Fabrics and Fashion Bug. Space of 86,479 sq.ft. formerly occupied by Kmart is available as a sublease until 11/30/2005. Market rent is $3.50 psf, with asking rent of $4.90 psf. Insurance is included in the rent. For more information, contact Larry J. Socia, Pyramid Brokerage Company, Inc., 5786 Widewaters Parkway, Box 3, Syracuse, NY 13214; 315-445-8501, Fax 315-445-2074 ; Web site: www.pyramidbrokerage.com; Email: lsocia@pyramid.com Setauket - The 47,000 sq.ft. freestanding building is located at the intersection of Old Town Road and Nesconset Highway, with a daily traffic count of 45,000 vehicles. Formerly occupied by Pergament, the building is available for lease. Retail in the area includes Wal*Mart, Kohls, Home Depot, Waldbaums and Best Buy. Asking rent is $18 psf, with CAM of $1.00 psf and taxes of $2.25 psf. For further information, contact Jeffrey Pliskin, Pliskin Realty & Development, Inc., 179 Westbury Avenue, Carle Place, NY 11514; 516-997-0100, Fax 516-997-7225; Email:jjpliskin@pliskinrealty.com
Pennsylvania Kennett Square - Marlborough Commons will be built at the intersection of Route 1 and the Route 1 Bypass, with a daily traffic count of 55,000 vehicles. Groundbreaking for the new center is scheduled for September 2001, with opening projected for spring 2002. The 150,000 sq.ft. strip center is to be anchored by Wal*Mart. One outlot is available at the center. Area demographics include a population of 264,831within 10 miles earning $76,340 as the average income. Morgantown - Morgantown Crossings will be built at the intersection of Route 23 and I-276, with a daily traffic count of 47,000 vehicles. Groundbreaking for the new center is scheduled for fall 2001, with opening projected for summer 2002. The 379,321 sq.ft. strip center is to be anchored by Wal*Mart Super Center. Space of 75,000 sq.ft. is available. Area demographics include a population of 88,341 within 10 miles earning $61,134 as the average income. For further information, contact Thomas F. Verrichia, Wolfson-Verrichia Group, Inc., 1250 Germantown Place, Suite 305, Plymouth Meeting, PA 19462; 610-277-8899, Fax 610-277-8880. Pittsburgh - Parkway Center Mall is located at the intersection of I-279 at Mall Boulevard with a daily traffic count of 120,000 vehicles. The 500,000 sq.ft. mall is anchored by Super Kmart, Giant Eagle Supermarket, CompUSA, JoAnn Fabrics and Phar-Mor. Spaces of 50,000 sq.ft., 5,210 sq.ft. and 820 sq.ft., plus a 6,000 sq.ft. outlot are available. Retail in the area includes Robinson Towne Center and South Hills Village. For further information, contact Kathy Samuels, John Lubarski or Tony Dunn, Kossman Development Company, Eleven Parkway Center, Suite 300, Pittsburgh, PA 15220; 412-921-6100, Fax 412-921-0913; Web site: www.kossman.com; Email kathys@kossman.com
Texas Dallas - Preston Wood Village is located at the intersection of Arapaho and Knell Trail, with a daily traffic count of 34,116 vehicles. The 190,000 sq.ft. power center is anchored by Toys R Us, Ross and Davids Bridal. Spaces of 3,083 sq.ft., 8,500 sq.ft. and 25,000 sq.ft. are available. Retail in the area includes Patch, Office Max and Comp USA. Asking rent is $9 to $10 psf with NNN of $3.18 psf. For further information, contact Shelley Taylor or Brooke Boweu, United Commercial Realty, 7001 Preston Road, #222, Dallas, TX 75205; 214-526-6262, Fax 214-523-0800. Fort Worth - Hulen Plaza is located on 8.5 acres at the intersection of Hulen Street and Overton Ridge. The 100,000 sq.ft. freestanding location will be anchored by Hobby Lobby. Subdividable space of 40,000 sq.ft. formerly occupied by Target, plus a 40,000 sq.ft. outlot are available. Area demographics include a population of 515,925 within 10 miles earning $42,588 as the average income. Market and asking rent is $8.50 psf, with CAM of $0.75 psf and taxes of $1 psf. For further information, contact Mike Karns or Robert Baker, Karns Commercial Real Estate, 6676 Lakewood Boulevard, Dallas, TX 75214; 214-826-5300, Fax 214-826-5880; Email: mdk@karnscommercial.com
Virginia Newport News - Newport Crossing Shopping Center is located at the intersection of Denbigh and Warwick Boulevards. The 188,192 sq.ft. center is anchored by Food Lion, Phar-Mor and Kmart, and spaces are available for lease. For further information, contact Tammy Wallman, Divaris Real Estate, Inc., 11817 Canon Boulevard, Suite 102, Newport News, VA 23606; 757-873-4700, Fax 757-873-4701; Web site: www.divaris.com; Email: twallman@divaris.com
Wisconsin Antigo - Kmart Centre is located at the intersection of Highway 64 with Highways 45 and 47, with a daily traffic count of 14,800 vehicles. The 159,283 sq.ft. strip center is anchored by Kmart and Copps Foods, and tenanted by Fashion Bug, Cost Cutters and Dollar Tree. Spaces of 5,000 sq.ft. to 11,165 sq.ft. are available. Area demographics include a population of 13,392 within seven miles earning $35,294 as the average income. Market rent is $7.50 to $10 psf NNN with asking rent of $8.50 psf NNN. Madison - South Towne Plaza is located at the intersection of Royal Avenue and Beltline Highway. The 149,154 sq.ft. strip center is anchored by Kmart and Sentry Foods, and tenanted by Dollars Etc. and Great Clips. Space of 4,067 sq.ft., formerly occupied by Fashion Bug is available. Retail in the area includes South Towne Mall. Area demographics include a population of 246,987 within 10 miles earning $49,978 as the average income. Market rent is $12 to $18 psf NNN, and asking rent is $10.50 psf, with NNN of $1.96 psf. For further information, contact Dan E. Smith, Odana Management, P.O. Box 5407, Madison, WI 53705; 608-271-4606, Fax 608-271-8731; Email: dsmith@mail.tds.net
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