New Construction
Home ] Up ] Home Stores Expanding Nationwide ] [ New Construction ] Buyers & Sellers ] Sources Of Financing ] Food Retailers Expanding Nationwide ] Lease Signings ] Who's Opening & Where ] Lead Sheet ] Real Estate Professionals Making The News ] Space Place ]

 

New Construction


Edgemark Commercial Real Estate Services, LLC is preleasing High Point Square, a center located on Weber Road in Romeoville, IL with an average daily traffic count of 31,000 vehicles. The center has space available of 30,000 sq.ft., as well as pad sites. The center is anchored by Jewel-Osco.

For more information, contact Matthew J. Smetana, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-572-5632; Email: msmetana@edgemarkllc.com.

Atlantic Retail Properties is preleasing Plainville Commons, a 270,000 sq.ft. center located at the intersection of Route 495 and Route 1 in Plainville, MA with an average daily traffic count of 95,400 vehicles. The center is anchored by Target and a supermarket and has spaces available of 15,000 sq.ft. to 40,000 sq.ft., as well as a pad site of 5,500 sq.ft. Opening is slated for August 2004. Area demographics include a population of 144,042 within seven miles earning $79,870 as the average household income.

For more information, contact Ben Starr, Atlantic Retail Properties, 11 Ray Avenue, Burlington, MA 01803; 781-472-3600, Fax 781-472-3650; Email: bstarr@atlanticretail.com.

Friedman Real Estate Group, Inc. is preleasing a center located at the intersection of Woodward and Mack Avenues in Detroit, MI with an average daily traffic count of 53,696 vehicles. The center has space available of 6,000 sq.ft. Opening is slated during the Fall.

For more information, contact Arthur Itkis, Friedman Real Estate Group, Inc., 34975 West Twelve Mile Road, Suite 200, Farmington Hills, MI 48331; 248-324-2000; Web site: www.friedmanrealestate.com.

Vanguard Realty, Inc. is preleasing Bald Eagle Square, a 44,300 sq.ft. center located on Moorestown Road in West Milford, NJ. Opening is slated for the fourth quarter of this year. The center has spaces available of 500 sq.ft. to 10,000 sq.ft. Area demographics include a population of 142,017 within 10 miles earning $75,802 as the average household income. Area retail includes ShopRite, Eckerd, Blimpie’s and Blockbuster Video. Market and asking rent is $17 psf.

For more information, contact Ellen Couglin, Vanguard Realty, Inc., 195 Columbia Turnpike, Florham Park, NJ 07869; 973-443-9700 Ext. 20, Fax 973-966-0123; Email: ecoughlin@vanguardsite.com.

The Widewaters Group is preleasing a center located at the intersection of Route 208 and Interstate 79 in Grove City, PA with an average daily traffic count of 87,800 vehicles. Area demographics include a population of 22,375 within seven miles earning $41,435 as the average household income. The center is adjacent to the 800,000 sq.ft. Grove City Outlet Mall.

For more information, contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, PO Box 0003, DeWitt, NY 13214; 315-445-8613, Fax 315-445-8570; Email: jlavelle@widewaters.com.

McGuire Properties is preleasing McDonald Parkway Center located at the intersection of Interstate 40 and McDonald Parkway in Hickory, NC. The center has two outparcels available from 1.1 acre to 1.4 acres. Area retail includes Sam’s Club, Wal*Mart, Lowe’s Home Improvement, Barnes & Noble and IHOP.

For more information, contact Jason Johnson, McGuire Properties, 212 South Tryon Street, Suite 1440, Charlotte, NC 28281; 828-322-8288; Email: jjohnson@mcguireproperties.com; Web site: www.mcguireproperties.com.

Heritage Development Co. is developing Wadsworth Retail Center, a 350,532 sq.ft. center located at the intersection of Reimer Road and N.S. Way in Wadsworth, OH. The center is anchored by a 208,000 sq.ft. Wal*Mart Supercenter and a 94,532 sq.ft. Home Depot and has spaces available of 3,000 sq.ft.; 20,000 sq.ft. and 25,000 sq.ft. Area demographics include a trade-area population of 90,089 earning $57,503 as the average household income. The company also is developing Madison Retail Center located at the intersection of Route 528 and Route 20. The center is tenanted by Tops Friendly Market, Dollar Tree and Blockbuster Video and has space available of 23,000 sq.ft. Area demographics include a trade-area population of 55,116 earning $48,683 as the average household income.

For more information, contact Heritage Development Co., 34555 Chagrin Boulevard, Moreland Hills, OH 44022; 440-914-4300, Fax 440-247-9767; Web site: www.heritage-development.com.

Timber Development Corp. is developing Supercenter Square, a 42,000 sq.ft. center located on Highway 291 in Harrisonville, MO. The center is adjacent to a 200,000 sq.ft. Wal*Mart Supercenter. Tenants include Movie Gallery, Cato, Dollar Tree, Shoe Show, Fantastic Sam’s, Advance America, Chinese Buffet, Guido’s Pizza, El Mezcal restaurant and a nail salon. An outparcel will be sold to Wendy’s. The center has small shop space available. The company also is developing Supercenter Plaza located on Route 522 in Lewiston, PA. The center is anchored by a 220,000 sq.ft. Wal*Mart Supercenter and is tenanted by Dollar Tree, Cato, Payless Shoes, Subway, Cash Advance, Holiday Hair, Rentway, H&R Block, American Home Patient, OIP Pizza and a Chinese restaurant. The outparcels include Movie Gallery and Sears Appliance. One outlot is available.

For more information, contact Douglas Bercu, Timber Development Corp., 3170 Palisades Court, Marietta, GA 30067; 770-857-0002.

Jeffrey R. Anderson Real Estate is preleasing Rookwood Exchange, a 260,000 sq.ft. addition to the 1.75 million sq.ft. Rookwood Square in Cincinnati, OH. Current tenants include P.F. Chang’s, Anthropologie, Z Gallerie, Banana Republic, Ann Taylor, Talbots/Talbots Woman, Eddie Bauer, White House/Black Market, Allen Edmonds, Baker Furniture, Wild Oats Market, Joseph Beth Booksellers, Origins, Abercrombie & Fitch, American Eagle, Pier 1 Imports, Buca di Beppo and Smith & Hawkins. The company also is preleasing Algonquin Commons, a 400,000 sq.ft. center located on Randall Road in Algonquin, IL. Area demographics include a population of 188,742 within seven miles earning $89,544 as the average household income. The company also is preleasing Deerfield Towne Center, a 415,472 sq.ft. center located at the intersection of Mason-Montgomery Road and Irwin Simpson Road in Cincinnati, OH with an average daily traffic count of 45,000 vehicles. The center is anchored by Borders, Bed Bath & Beyond, Wild Oats and Dick’s Sporting Goods.

For more information, contact Jeffrey R. Anderson Real Estate, 3805 Edwards Road, Suite 700, Rockwood Tower, Cincinnati, OH 45209; 513-241-5800, Fax 513-241-2637; Web site: www.anderson-realestate.com.