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New Construction
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New Construction COR Development Co., LLC is marketing 100 acres of vacant land located on Route 31 in Clay, NY with a daily traffic count of 19,100 vehicles. Area retailers include the Great Northern Mall, Wal*Mart, Sam’s Club and Wegman’s. Ground leases and build-to-suit opportunities are available. For more information, contact COR Development Co., LLC, 7330 Eastman Road, North Syracuse, NY 13212; 315-452-9181, Fax 315-452-9183; Email: cor@broadviewnet.net. Investment Realty Resources is preleasing a multi-tenant office and retail development on State Route 471 in Dayton, OH. Area retailers include Shoppes at Settlers Walk, Dorothy Lane Market, a YMCA and a daycare center. For more information, contact Juan Muzquiz, Investment Realty Resources, Inc., PO Box 308, Middletown, OH 45042; 513-424-8106, Fax 800-865-8495; Email: jmuzquiz@ccim.net. Flocke & Avoyer Commercial Real Estate leased 32,900 sq.ft. at Eastlake Village Marketplace located at 2295 Otay Lakes Road in San Diego, CA. The proposed Target and Lowe’s Home Improvement-anchored center also will be tenanted by Subway, Cold Stone Creamery, Ultra Beauty Supply, Daydreams Ceramic Cafe, Diamond Nails, Sleep Train and Office Depot.For more information, contact Mike Seiber and Stewart Keith, Flocke & Avoyer Commercial Real Estate, 3131 Camino Del Rio North, Suite 190, San Diego, CA 92108; 619-280-2600, Fax 619-280-3311; Web site: www.flockeavoyer.com. CBL & Associates Properties is developing Waterford Commons, a 40-acre shopping center located along Route 85 in Waterford, CT. The center will be tenanted by Ruby Tuesday, six specialty fashion stores, Raymour & Flanigan Furniture, Dick’s Sporting Goods, Best Buy, Linens ‘n Things, Borders Books & Music, Pier 1, iParty and Michaels Arts & Crafts. The center will include a streetscape setting with soft awnings, sidewalks, landscaping, decorative fencing and side lighting. For more information, contact CBL & Associates Properties, 2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN 37421-6000; 423-855-0001, Fax 423-490-8662; Web site: www.cblproperties.com. Triangle Equities is proposing to develop a strip center located along Thurston Basin, south of the Rockaway Boulevard and west of Brookville Boulevard in Jamaica Bay, NY. The center is expected to include six buildings for retail shops, two restaurants and a self-storage area. The buildings range in size from 5,000 sq.ft. for a smaller restaurant to 100,000 sq.ft. for the self-storage complex. The project also is expected to include three parking lots, as well as public waterfront viewing and a boardwalk. Opening is slated during 2004. For more information, contact Triangle Equities, 30-56 Whitestone Expressway, Whitestone, NY 11354, Suite 360; 718-463-5757, Fax 718-463-4426. Faison & Associates, Inc. is developing South Square, a 440,000 sq.ft. center in Durham, NC and Alexander Place Promenade, a 450,000 sq.ft. center in Raleigh, NC. The company also is developing centers in Anderson, SC and Roanoke, VA. For more information, contact Faison & Associates, Inc., 121 West Trade Street, Suite 2550, Charlotte, NC 28202; 704-972-2500. Crosland, Inc. is expanding Camfield Corners, located at the intersection of Elm Lane and Camfield Street in Charlotte, NC. The center is situated on a land area of two acres and the project will add 17,654 sq.ft. to the current 52,280 sq.ft. center. The space is slated to be completed during April, while the addition of Tire Kingdom is slated for a May completion. The center has spaces available from 1,400 sq.ft. to 4,554 sq.ft. Camfield Corners is anchored by the 42,680 sq.ft. Bi-Lo and is tenanted by Nail 2, Lotus Cuisine, Steps ‘N Motion, Papa John’s Pizza, Great Clips and Alpine Cleaners. For more information, contact Ryan Preston, Crosland, Inc., 125 Scaleybark Road, Charlotte, NC 28209; 704-561-5277; Email: rpreston@crosland.com. Redfield Development is developing the Monte Cristo Marketplace, as well as a 55,000 sq.ft. supermarket, located at the intersection of Highway 92 and 127th Avenue in Lake Stevens, WA. The center also would include smaller retail buildings, a gas station, car wash and a fast-food restaurant. The center is slated for a December opening. For more information, contact Redfield Development, 6920 220th Street SW, Suite 109, Mountlake Terrace, WA 98043; 425-712-0305. Erwin L. Greenberg Commercial Corp. is developing Braemar Village Center located at the intersection of Linton Hall Road and Sudley Manor Drive in Gainesville, VA. The 96,400 sq.ft. center will include five outparcels. Construction is slated for a Spring completion, while store openings will take place during the Summer. The center is 75% preleased and is anchored by Safeway. Cotenants will include Video Warehouse, Mountain Kim Martial Arts, Subway, Haymarket Cleaners, Crossroads Realtors, Del Sol Tanning, C&T Nail Salon, Braemar Salon, Chevy Chase Bank, Arby’s and Bank of America. For more information, contact Erwin L. Greenberg Commercial Corp., 400 East Pratt Street, Suite 606, Baltimore, MD 21202; 410-837-2500 Ext. 114, Fax 410-837-0596; Email: mbomse@elgreenberg.com; Web site: www.elgreenberg.com. Equity Properties is preleasing the Crossroads Center, a 34,208 sq.ft. center located at the intersection of Route 1 and Route 202 in Concord Township, PA. The center will include 22,000 sq.ft. of retail space, 8,608 sq.ft. of office space and a 3,600 sq.ft. pad site that was recently leased to Fulton Bank. Completion is slated for the fourth quarter of this year. Area retailers include Borders Books & Music, Organized Living, Victoria’s Secret, Banana Republic and Pottery Barn. For more information, contact David Waterman or Lee Cooper, Equity Properties, 600 Haverford Road, Suite 204, Haverford, PA 19041; 610-645-7700, Fax 610-645-5454; Email: dmw@retailbrokers.com; Web site: www.retailbrokers.com. Developers Diversified Realty is developing a land area of 85 acres located at the intersection of Interstate 295 and Route 38 in Mount Laurel, NJ. Construction of Centerton Square, a 750,000 sq.ft. center, will begin during the Spring with completion slated for early 2004. The site will include a major discount department store and a major supermarket chain. For more information, contact Developers Diversified Realty, 3300 Enterprise Parkway, Cleveland, OH 44122; 216-755-5500. |