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Discount Retailers Expanding
Nationwide
Family Dollar Stores, Inc. trades as Family
Dollar at 4,805 locations nationwide. The discount stores occupy spaces of 7,000
sq.ft. to 10,000 sq.ft. in strip centers and freestanding locations. Plans call
for 50 openings nationwide during the coming 18 months.
For more information reguarding sites nationwide, contact Geno Coradini, Family
Dollar Store, Inc., PO Box 1017, Charlotte, NC 28201; 704-814-3576, Fax
704-847-0189; Website: www.familydollar.com. For more information regarding
sites in NJ and NY, contact Jim Cozine, Family Dollar, Inc., 22 Terrace Avenue,
Butler, NJ 07405; 973-492-2984, Fax 973-492-2985; Email:
jcozine@familydollar.com; Web
site: www.familydollar.com.
Liquidation World, Inc. operates 100 locations throughout ID, MT, WA and Canada.
The discount stores, featuring closeouts on general merchandise, occupy spaces
of 12,000 sq.ft. to 25,000 sq.ft. in power, mixed-use, value and outlet centers
and freestanding and urban/downtown locations. Growth opportunities are sought
throughout the existing markets during the coming 18 months, with representation
by Trans Border Properties, Inc. Average sales of $120 psf have been reported.
For more information, contact Vaughan Smallwood or Avis Jones, Trans Border
Properties, Inc., 3015 12th Street Northeast, Suite 260, Calgary Alberta, Canada
T2E 7J2; 403-291-3010, Fax 403-291-3591; Web site:
www.liquidationworld.com; Email:
border@cadvision.com.
Everything 99¢ operates 57 locations throughout DE, MD, NJ, NY and PA. The
general merchandise stores occupy spaces of 8,000 sq.ft. to 15,000 sq.ft. in
power, strip, value and mixed-use centers and freestanding and urban/downtown
locations. Plans call for as many as 12 openings during the coming 18 months,
with representation by Pliskin Realty & Development. Expansion will take place
throughout the existing markets. Typical leases run 10 years. A vanilla shell
and specific improvements are required.
For more information, contact Marvin Hartman or Peter Potemkin, Pliskin Realty &
Development, 179 Westbury Avenue, Carle Place, NY 11514; 516-997-0100, Fax
516-997-7225; Email:
mhartman@pliskinrealty.com.
Amazing Savings operates 22 locations nationwide. The general merchandise
stores, featuring brand name closeouts, occupy spaces of 10,000 sq.ft. to 18,000
sq.ft. in strip centers and freestanding and urban/downtown locations. Plans
call for as many as five openings during the coming 18 months, with
representation by Cornerstone Group. Expansion will take place throughout CT, NJ
and metro NY. Typical leases run 10 years with options.
For more information, contact Stuart Polinsky, Cornerstone Group, 570 Seventh
Avenue, Suite 500, New York, NY 10018; 212-768-1435, Fax 212-768-1421; Email:
cornerstonegroup@msn.com.
Dollar General Corp. trades as Dollar General Stores at 6,000 locations
throughout AL, AR, DE, FL, GA, IA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, NE,
NJ, NY, OH, OK, PA, SC, TN, TX, VA and WV. The general merchandise stores occupy
spaces of 8,000 sq.ft. in strip centers and freestanding locations. Plans call
for as many as 800 openings during the coming 18 months. The company plans to
double its store count in five years. The company prefers to locate in first
generation space as a junior anchor. A minimum of five parking spaces for every
1,000 sq.ft. and 70 sq.ft. to 100 sq.ft. of frontage is required. The company
cites an average time between site evaluation and leases execution is 90 days.
For more information, contact Terry Holder, Dollar General Corp., 100 Mission
Ridge, Goodletttsville, TN 37072; 615-855-4691, Fax 4695; Web site:
www.dollargeneral.com.
Dollar Castle operates 16 locations throughout MI. The discount merchandise
stores, featuring merchandise priced at $1, occupy spaces of 5,000 sq.ft. to
13,000 sq.ft. in strip centers. Growth opportunities are sought throughout the
existing market during the coming 18 months, with representation by Gordon Real
Estate.
For more information, contact Brian Gordon, Gordon Real Estate, 2140 Walnut Lake
Road, West Bloomfield, IL 48323; 248-932-2100, Fax 248-932-2124.
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