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Exclusives
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Exclusives DJM Asset Management, LLC (631-752-1100) and ChainLinks Retail Advisors, Inc. were retained by Kmart Corp. to handle the disposition of leases for 283 Kmart locations in 40 states and Puerto Rico. The locations range in size from 40,300 sq.ft. to 182,714 sq.ft. and are located in freestanding locations, malls and strip centers. The Howard Group Management Co. (518-452-1881) added the Schoharie County Shopping Center to the company’s portfolio. The 55,000 sq.ft. center, which is located in Cobleskill, NY, is tenanted by Family Dollar, All Pro Auto Parts and Burger King. The Woodmont Co. (817-732-4000) was tapped to provide leasing services for four malls: the 1.2 million sq.ft. San Jacinto Mall in Baytown, TX, which is anchored by Foley’s, Mervyn’s, Sears, Marshalls, JCPenney and Palais Royal; the 1.7 million sq.ft. Greenspoint Mall in Houston, TX, which is anchored by Foley’s, Dillard’s and Palais Royale; the 245,000 sq.ft. Crossroads Mall in Greenville, TX, which is anchored by Bealls, Goody’s and JCPenney, and the 310,000 sq.ft. Roswell Mall in Roswell, NM, which is anchored by Wal*Mart, JCPenney and Bealls. Kohler Group (215-887-7010) is the exclusive broker for the following shopping centers: the 225,000 sq.ft. proposed Bethlehem Town Center in Bethlehem, PA; the 320,000 sq.ft. Warminster Town Center in Warminster, PA; Wal*Mart Shopping Center in East Norriton, PA; Shops at Trainer’s Station in Quakertown, PA and DeBeary Square in Philadelphia, PA. The company also has the following exclusive sublease listings: 45,000 sq.ft. of divisible space for sublease at Northeast Tower Shopping Center in Philadelphia, PA; 78,000 sq.ft. of divisible space for sublease at Liberty Plaza in Philadelphia, PA and 10,000 sq.ft. of divisible space for sublease at East Gate Square in Moorestown, NJ. United Commercial Realty (214-526-6262) was hired to handle the leasing of a proposed retail center that will be between 75,000 sq.ft. to 80,000 sq.ft. and located at the intersection of Loop 1604 and Bandera Road in San Antonio, TX. The project will surround the 16-screen Silverado Theater, which is under construction. Groundbreaking for the retail component is expected to begin in the late Summer or early Fall. |