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New Construction
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New Construction Melaver, Inc. is pre-leasing Abercorn Common, a 210,000 sq.ft. center located at the intersection of Abercorn and White Bluff in Savannah, GA. The site has an average daily traffic count of 90,000 vehicles. The center has big box and boutique small shop space available. Phase one of the center is slated to open during Spring 2005. For more information, contact Marian Smith, Melaver, Inc., 114 Barnard Street, Savannah, GA 31401; 800.560.0254; Email: abercorn@melaver.com; Web site: www.abercorncommon.com.
The Peterson Cos. is developing 93,000 sq.ft. of space at East Market at Fair Lakes, an 80,000 sq.ft. center located at the intersection of Interstate 66 and Fairlakes Circle in Fair Lakes, VA. The center, anchored by Whole Foods, is adjacent to Kohl’s and Galyan’s. Area demographics include a population of 195,750 within five miles earning $109,969 as the average household income. The site has an average daily traffic count of 51,000 vehicles. For more information, contact The Peterson Cos., 12500 Fair Lakes, Suite 400, Fairfax, VA 22033; 703-227-2000, Fax 703-818-1250; Web site: www.petersoncos.com.
Michael Antkies Retail Real Estate is preleasing a proposed 34,000 sq.ft. center located at the intersection of Route 100 and Healy Road in Hartsdale, NY. Area retail includes Barnes & Noble, Ethan Allen, Noodle Kidoodle and Annie Sez. Area demographics include a population of 970,843 within 10 miles earning $70,084 as the median household income. For more information, contact Michael Antkies, Michael Antkies Retail Real Estate, 226 Great Hill Road, Ridgefield, CT 06877; 203-438-9525, Fax 203-894-8434; Email: mantkies@antkies.com.
Trammell Crow Co. is preleasing a center located at the intersection of Ford Road and Central City Parkway in Westland, MI. The 6,600 sq.ft. center is located near a Fifth Third Bank and Kroger supermarket. Opening is slated for Summer 2005. The site has an average daily traffic count of 42,800 vehicles. For more information, contact Robert Mihelich, Trammell Crow Co., 719 Griswold Street, Suite 920, Detroit, MI 48226; 313-964-3333 Ext. 860; Email: rmihelich@trammellcrow.com.
Developers Diversified Realty is developing Garden State Village, a 500,000 sq.ft. center located on Route 66 in Tinton Falls, NJ. Area demographics include a population of 428,243 within 10 miles earning $82,725 as the average household income. Opening is slated for 2006. For more information, contact Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122; 216-755-5500, Fax 216-755-1500; Web site: www.ddr.com.
Milestone Associates, Inc. is preleasing a 12,800 sq.ft. center located at the intersection of Route 20 and Route 495 in Marlborough, MA. Area retail includes OfficeMax, Victory Supermarket, Longhorn Steakhouse, Starbucks, Boston Market, McDonald’s, Wendy’s, Blockbuster Video, Papa Gino’s and Subway. Area demographics include a population of 80,400 within five miles earning $82,456 as the average household income. For more information, contact Milestone Associates, Inc., 192 Worcester Road, Natick, MA 01760; 508-650-1929, Fax 508-650-1944; Email: info@milestoneassociates.com.
Maestas & Ward Commercial Real Estate is preleasing a center located at the intersection of NM 70 and Rinconada Boulevard in Las Cruces, NM. The site has three separate tracks ready for development, including 4.01 acres; 10.38 acres and 11.38 acres. Area demographics include a population of 59,103 within five miles earning $36,758 as the average household income. For more information, contact Steve Maestas, Maestas & Ward Commercial Real Estate, 7620 Jefferson NE, Albuquerque, NM 87109; 505-878-0001, Fax 505-878-0002; Email: steve@maestasandward.com; Web site: www.maestasandward.com.
Packard Development is developing a 178,000 sq.ft. center located at the intersection of Route 44 and Route 24 in Raynham, MA. The site has an average daily traffic count of 87,000 vehicles. The center will be anchored by Lowe’s Home Improvement and Longhorn Steakhouse, and will include an additional 18,000 sq.ft. Area retail includes Wal*Mart Supercenter. Area demographics include a population of 175,031 within 10 miles earning $64,857 as the average household income. For more information, contact Packard Development, One Wells Avenue, Newton, MA 02459; 617-965-1966.
New England Development is developing The Shops at 5, a 500,000 sq.ft. center located at the intersection of Route 3 and Long Pond Road in Plymouth, MA. Opening is slated for the Fall. The center will be anchored by BJ’s Wholesale Club, Kohl’s, T.J. Maxx, PetsMart, Sports Authority and Off Broadway Shoe. The site has an average daily traffic count of 64,000 vehicles. Demographics include a trade-area population of 107,065 earning $66,500 as the average household income. For more information, contact New England Development, One Wells Avenue, Newton, MA 02459-3211; 617-965-8700, Fax 617-243-7385; Web site: www.nedevelopment.com.
GVA Williams is preleasing the redevelopment of Colonial Plaza, a 65,000 sq.ft. center located just north of West Main Street in Waterbury, CT. The center is situated on a land area of 19.1 acres and is anchored by Wendy’s, Dunkin’ Donuts, Dollar Dream, Shop Fresh Market, Railroad Salvage and San Marino’s Restaurant. Area demographics include a population of 158,602 within five miles earning $53,774 as the average household income. For more information, contact Dominick Musilli, GVA Williams, 1055 Washington Boulevard, Stamford, CT 06901; 203-324-0800; Web site: www.gvawilliams.com.
Fameco Real Estate is preleasing Garden State Park, a 500,000 sq.ft. mixed-use development located at the intersection of Route 70 and Haddonfield Road in Cherry Hill, NJ. The center will include 1,500 residential units and over one million sq.ft. of office space, and will include outparcels ranging from 4,000 sq.ft. to 16,620 sq.ft. Area demographics include a population of 321,848 within five miles earning $53,211 as the average household income. For more information, contact Fameco Real Estate, 15 Ridge Pike, Suite 100, Conshohocken, PA 19428; 610-834-8000, Fax 610-834-1793; Web site: www.famecoretail.com.
DLC Management Corp. is redeveloping Levittown Town Center, a 468,675 sq.ft. center located at the intersection of Levittown Parkway and U.S. Route 13 in Levittown, PA. The center is currently anchored by The Home Depot. Area demographics include a population of 689,828 within 10 miles earning $66,965 as the average household income. For more information, contact DLC Management Corp., 580 White Plains Road, Tarrytown, NY 10591; 914-631-3131, Fax 914-631-6533; Web site: www.dlcmgmt.com.
Cedarwood Development, Inc. is planning to develop Waterville Commons, a center located at the intersection of Main Street and Interstate 95 with an average daily traffic count of 36,000 vehicles. The center will consist of 369,000 sq.ft. for Phase I and 220,000 sq.ft. for Phase II. Area demographics include a population of 49,000 within 10 miles earning $46,000 as the average household income. Phase I is expected to include Wal*Mart Supercenter, Home Depot, Staples and Ruby Tuesday. For more information, contact Dave Ferron, Cedarwood Development, Inc., 9 Loving Terrace, Lake Monticello, Palmyra, VA 22963; 434-591-0004, Fax 434-591-0054; Email: dferron@cedarwoodd.com; Web site: www.cedarwooddevelopment.com. |