|
New Construction
|
|
|
New Construction MLK Development, LLC is preleasing space at Plantation Commons, a 20,000 sq.ft. center located at the intersection of State Highway 3040 and Martin Luther King Boulevard in Houma, LA. The site has an average daily traffic count of 30,000 vehicles. The center has spaces available of 1,200 sq.ft. to 20,000 sq.ft. For more information, contact Henry J. Richard, MLK Development, LLC, PO Box 4035, 235 South Hollywood Road, Houma, LA 70361; 985-223-6012 Ext. 227, Fax 985-872-9160; Email: henry@galley.com; Web site: www.galley.com.
Fameco Real Estate is preleasing The Shoppes at Essington, a proposed 450,000 sq.ft. center located at the intersection of Essington Avenue and 67th Street in Philadelphia, PA. Area demographics include a population of 662,272 within five miles earning $35,278 as the average household income. The company also is preleasing Shoppes at Stroud Township, a proposed 142,748 sq.ft. center located on Route 611 in Stroud Township, PA. Area demographics include a population of 61,997 within seven miles earning $49,287 as the average household income. For more information, contact Fameco Real Estate, 15 East Ridge Pike, Suite 100, Conshohocken, PA 19428; 610-834-8000, Fax 610-834-1793.
D6 Developments is developing Tabernacle Town Square, a 100,000 sq.ft. center located at the intersection of Route 206 and Tabernacle-Medford Lakes Road in Tabernacle, NJ. Opening is slated for the third quarter of 2007. The center has an outlot available of 6,000 sq.ft. Market rent is $17 psf with CAM of $3 psf and taxes of $2 psf. Area demographics include a population of 53,000 within seven miles earning $124,000 as the average household income. The center is situated on a land area of 19 acres. For more information, contact Jon Mills, D6 Developments, 42 Okner Parkway, Livingston, NJ 07039; 973-422-0145, Fax 201-701-0405; Email: jmills@dbre.com.
Tsunis Real Estate is preleasing a 35,000 sq.ft. outparcel to Tanger Mall at the intersection of Tanger Mall Drive and Old Country Road in Riverhead, NY. Opening is slated for next year. Area demographics include a population of 90,965 within 10 miles earning $78,527 as the average household income. Asking rent is $30 psf. For more information, contact George Tsunis, Tsunis Real Estate, 1174 Veterans Memorial Highway, Hauppauge, NY 11788; 631-851-1000, Fax 631-857-1677; Email: gtsunis@aol.com; Web site: www.tsunis.com.
General Growth Properties is developing Coastland Center located in Naples, FL. The center will feature a streetscape of new retail and restaurant opportunities and will be anchored by Dillard’s, JCPenney, Macy’s, Sears and The Cheesecake Factory. Demographics include a population of 324,300 within 20 miles earning $83,600 as the average household income. The company also is developing an expansion to Staten Island Mall, a center located in Staten Island, NY. The expansion will add approximately 110,000 sq.ft., rounding out the mix of retail offerings with clothing shops, a bookstore, home furnishing stores and restaurants. Area demographics include a population of 425,000 within five miles earning $72,200 as the average household income. The company also is expanding Christiana Mall located in Newark, DE. The company will add approximately 175,000 sq.ft., which will include a home furnishing store, a bookstore with a café and a movie theater. Area demographics include a population of 584,200 within 10 miles earning $73,400 as the average household income. For more information, contact General Growth Properties, 110 North Wacker Drive, Chicago, IL 60606; 312-960-5000; Web site: www.generalgrowth.com.
Investment Property Specialists, Inc. is preleasing Venture West Plaza, a 60,000 sq.ft. center located at the intersection of Speen and Worcester Road in Natick/Framingham, MA. Opening is slated for the end of the year. The center is situated on a land area of 4.42 acres and has spaces available of 1,600 sq.ft.; 6,500 sq.ft. and 10,000 sq.ft. Anchors include Legal Seafood, Strawberries, Pearle Vision, Cingular, Great Cuts and Elizabeth Grady Skincare. Area demographics include a population of 137,016 within five miles earning $77,857 as the average household income. The site has an average daily traffic count of 65,000 vehicles. Asking rent is $24 psf with CAM and taxes of $8.50 psf. For more information, contact Investment Property Specialists, Inc., 855 Worcester Road, Framingham, MA 01701; 508-875-4800, Fax 508-820-9780; Web site: www.ipsre.com.
Willowband Development, LLC is preleasing a proposed 150,000 sq.ft. center located on Route 110 in Farmingdale, NY. The center has pad sites, anchor space and junior anchor spaces available. Area retail includes Wal*Mart, United Artists Cinema, Starbucks, Staples, Home Depot, Modell’s, Borders Books, Applebee’s, Dave & Buster’s, National Amusements Cineplex, Target, Costco, LA Fitness, BJ’s Wholesale Club, Seaman’s Furniture, Levitz, Panera Bread and Ruby Tuesday. Area demographics include a population of 340,125 within five miles earning $80,467 as the average household income. For more information, contact Andy Mann, Willowbend Development, 23 Chapel Avenue, Jersey City, NJ 07305; 201-333-0531 Ext. 12, Fax 201-333-7084; Email: amann@wdc-newjersey.com.
NAI Mertz is preleasing Court at Cross Keys, a 200,000 sq.ft. center located at the intersection of Black Horse Pike and Cross Keys Road in Monroe Township, NJ. Opening is slated for Spring 2007. The center has three outlots available of 5,000 sq.ft. Area demographics include a population of 396,353 within 10 miles earning $66,453 as the average household income. The site has an average daily traffic count of 51,000 vehicles. Asking rents range from $18 psf to $20 psf. For more information, contact Marc Cutler, NAI Mertz, 21 Roland Avenue, Mt. Laurel, NJ 08054; 856-234-9600; Email: marc.cutler@naimertz.com; Web site: www.naimertz.com.
Spring Hill Realty is preleasing Shelly Square, an 87,000 sq.ft. center located at the intersection of Shelly Road and State Route 63 in Harleysville, PA. Opening is slated for June 2006. The center is situated on a land area of 20 acres and has spaces available of 1,400 sq.ft.; 2,800 sq.ft. and 4,200 sq.ft., as well as an outlot of 5,000 sq.ft. The center is anchored by Landis Supermarket and is cotenanted by Great Clips, a dry cleaner, pizzeria, day spa and Univest Bank. Area demographics include a population of 280,821 within 10 miles earning $86,273 as the average household income. For more information, contact Ron Hunsberger, Spring Hill Realty, 528 Main Street, Suite 200, Harleysville, PA 19438; 215-513-7368, Fax 215-513-1036; Web site: www.springhillrealtyinc.com.
The Goldenberg Group is preleasing Doylestown Court, a 97,881 sq.ft. center located at the intersection of Swamp Road and York Road in Doylestown, PA. The center is situated on a land area of 17 acres. Opening is slated for summer 2007. Area demographics include a population of 118,460 within seven miles earning $57,010 as the average household income. For more information, contact The Goldenberg Group, 350 Sentry Parkway, Building 630, Suite 300, Blue Bell, PA 19422; 610-260-9600, Fax 610-260-0269. |