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Exclusives
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Exclusives Great American Brokerage (516-889-7200) is representing the following retailers: Wok ‘N’ Roll, Asian Islands, Ragin’ Cajun, Negril, Bronx BBQ and Café Spasso. Wok ‘N’ Roll operates 23 locations throughout NJ, NY, OH, PA, SC and TX. The restaurants occupy spaces of 400 sq.ft. to 1,400 sq.ft. in malls, urban/downtown areas and entertainment, tourist and specialty centers. Growth opportunities are sought throughout the metro NY area during the coming 18 months. Sales of $1,000 psf have been reported. The company cites McDonald’s as competition. Preferred demographics include a population of 250,000 within five miles earning $100,000 as the average household income. Leases running 10 years are typical. Asian Islands operates two locations in NJ and NY. The restaurants, which specialize in Asian cuisine, occupy spaces of 700 sq.ft. to 6,000 sq.ft. in malls, freestanding locations, urban/downtown areas and airports. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers high volume sites. Ragin’ Cajun operates three locations in NJ and NY. The restaurants occupy spaces of 400 sq.ft. to 1,000 sq.ft. in malls. Growth opportunities are sought within 100 miles of New York, NY during the coming 18 months. Negril operates three locations in NY. The restaurants, specializing in Caribbean cuisine, occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in urban/downtown areas. The company projects one opening in NY during the coming 18 months. Bronx BBQ operates two locations in NY. The restaurants occupy spaces of 5,000 sq.ft. to 10,000 sq.ft. in urban/downtown areas, freestanding locations and mixed-use and strip centers. Growth opportunities are sought throughout the greater New York, NY area during the coming 18 months. Preferred demographics include a population of 200,000 within five miles earning $30,000 as the average household income. Leases running 15 to 20 years are typical. The company seeks an area that has a minority/ethnic population and a movie theater. Café Spasso operates two locations in NY. The restaurants occupy spaces of 4,000 sq.ft. to 5,000 sq.ft. in freestanding locations and specialty and strip centers. Growth opportunities are sought throughout Long Island, NY during the coming 18 months. The Schultz Organization/TCN Worldwide (732-855-0001) has been tapped as the leasing agent for several retail centers throughout NJ on behalf of Garden Commercial Properties, totaling 821,000 sq.ft. The company’s new leasing assignments include: Friendship Plaza, a 226,400 sq.ft. center located at the intersection of Route 9 and Friendship Road in Howell, NJ. The center currently has 25,000 sq.ft. available and is cotenanted by Kmart, Pathmark and Staples; Fairbrook Town Center, a 162,400 sq.ft. shopping center located at the intersection of Washington and Ernston Roads in Sayreville, NJ. Units are available ranging from 2,000 sq.ft. to 13,000 sq.ft. The center is anchored by ShopRite; Middlebrook Shopping Center, a 228,000 sq.ft. center located at the intersection of Route 35 and Deal Road in Ocean Township, NJ. The center, which is anchored by Foodtown, Cost Cutters and American Dream Furniture, has three units available ranging in size from 2,000 sq.ft. to 10,000 sq.ft.; and Mansfield Village Square, a 205,000 sq.ft. center located at the intersection of Route 57 and Allen Road in Mansfield, NJ. The center is cotenanted by Weis Supermarket, Home Depot and Staples. Units are available, ranging from 7,200 sq.ft. to 30,000 sq.ft.NAI James E. Hanson, Inc . (201-488-5800) has given Joan Cenicola the site selection assignment on behalf of Pizza Hut. Cenicola will help the pizza chain find locations throughout Mercer, Ocean and Salem Counties, NJ. The pizzerias require land sites or existing facilities situated on one or more acres with a 3,773 sq.ft. building and drive thru capacity. The sites must also have at least 150 feet of road frontage and be located in high trafficked retail areas. |