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New Construction
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New Construction The Leslie Group is developing Taylorsville Square, a 60,000 sq.ft. center located at the intersection of State Route 202 and Taylorsville Road in Huber Heights, OH. Opening is slated for March 2006. The center is situated on a land area of 10 acres. Area demographics include a population of 125,011 within 10 miles earning $52,848 as the average household income. The site has an average daily traffic count of 30,000 vehicles. Asking rents range from $18 psf to $22 psf. The company also is developing Fremont Crossing, a 21,000 sq.ft. center located at the intersection of State Road 20/State Road 6 and State Road 53 in Fremont, OH. Area demographics include a population of 49,353 within 10 miles earning $52,385 as the average household income. The site has an average daily traffic count of 20,000 vehicles. Asking rents range from $18 psf to $22 psf. The center is anchored by Wal*Mart Supercenter, Lowe’s Home Improvement and Peebles. The company also is developing Locust Pointe, a 26,000 sq.ft. center located at the intersection of State Route 37 and Houk Road in Delaware, OH. The center is situated on a land area of 30 acres and is slated to open during September. Area demographics include a population of 79,573 within 10 miles earning $78,893 as the average household income. Asking rents range from $18 psf to $22 psf. Area retail includes Buehler’s Superstore and Georgetown Plaza. For more information, contact Glenn Garland or Brett Leslie, The Leslie Group, 5060 Parkcenter Avenue, Suite B, Dublin, OH 43017; 614-760-0701, Fax 614-760-0705; Email: ggarland@lesliegp.com and bleslie@lesliegp.com.
Commercial One Realty is preleasing Cosgray Retail Center, a 10,974 sq.ft. center located in Hilliard, OH. Opening is slated for this month. Asking rent is $16 psf plus CAM charges. Area demographics include a population within five miles earning $78,821 as the average household income. For more information, contact Chris Powell or Jim Miller, Commercial One Realty, 1515 Bethel Road, Columbus, OH 43220; 614-451-5100, Fax 614-451-9943; Email: c1realty@c1realty.com.
Greco Associates, LLC is preleasing Shoppes on Dean, a 43,000 sq.ft. center located on East Palisade Avenue in Englewood, NJ. Opening is slated for Spring 2006. Area retail includes Ann Taylor and The Children’s Place. The center has spaces available of 2,000 sq.ft.; 4,500 sq.ft. and 14,000 sq.ft. Area demographics include a population of 351,439 within five miles earning $101,367 as the average household income. For more information, contact Stephanie Greco, Greco Associates, LLC, 39 Park Place, Englewood, NJ 07631; 201-567-0477, Fax 201-567-7770.
Madison Retail Group is preleasing Dulles 606, a 99,000 sq.ft. center located in the Dulles Loop, between Route 50, Route 28 and Route 606 in Dulles, VA. The site has an average daily traffic count of 38,800 vehicles. Area demographics include a population of 174,570 within seven miles earning $93,289 as the average household income. The company also is preleasing The Odyssey, a retail site located at the intersection of North Scott Street and Clarendon Boulevard in Arlington, VA. The mixed-use project will include 308 luxury condominiums and a retail portion. The site has an average daily traffic count of 12,366 vehicles. Area demographics include a population of 607,950 within five miles earning $85,857 as the average household income. The company also is preleasing North Rock Shopping Center, a 92,000 sq.ft. center located at the intersection of Lee Highway and Fletcher Road in Warrenton, VA. The site has an average daily traffic count of 34,000 vehicles. Area demographics include a population of 45,345 within 10 miles earning $87,190 as the median household income. The center will be anchored by a 51,000 sq.ft. supermarket and will also include 24,000 sq.ft. of inline retail shops along with several pad sites offering restaurant and retail services. For more information, contact Dallon L. Cheney, Madison Retail Group, 8000 Towers Crescent Drive, Suite 1070, Vienna, VA 22182; 703-852-3163/3155; Email: dcheney@madisonretail.com. For more information regarding The Odyssey, contact Jim Farrell, Madison Retail Group, 1850 M Street NW, 12th Floor, Washington, DC 20036; 202-730-2008. For more information regarding North Rock Shopping Center, contact Matt Locraft, Madison Retail Group, 8000 Towers Crescent Drive, Suite 1070, Vienna, VA 22182; 703-852-3162.
Ripco Real Estate Corp. is preleasing Town Center at Central Islip, a 309,296 sq.ft. center located at the intersection of Carleton Avenue and North Research Place in Central Islip, NY. Opening is slated for January 2006. The center will be situated on a land area of 32.8 acres and will have spaces available up to 15,000 sq.ft., as well as outlots of 1,600 sq.ft. and 4,800 sq.ft. Anchors will include Target and Home Depot, while cotenants will include Hollywood Video, Rockaway Bedding, Ruby Tuesday, Qdoba and Carrabbas. Area demographics include a population of 245,829 within five miles earning $76,815 as the average household income. Asking rent is $30 psf with CAM of $2 psf and taxes of $4.50 psf. For more information, contact Christa Minogue, Ripco Real Estate Corp., 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516-933-2514; Email: cminogue@ripcony.com.
Massell Commercial Real Estate is preleasing Sweetwater Village, a 30,000 sq.ft. center located at the intersection of Lee Road and East County Line Road, just south of Interstate 20, in Douglas County, GA. The center is situated on a land area of 16 acres, which also includes pad sites. The center will be anchored by a drug store and video store, as well as a doctor’s office. Cotenants will include a salon, restaurants, a convenience store and a cleaners. Area demographics include a population of 71,000 within five miles earning $51,000 as the average household income. Asking rents range from $18 psf to $20 psf with CAM of $1.50 psf and taxes of $2 psf. For more information, contact Kimberly Atlee, Massell Commercial Real Estate, 5600 Roswell Road, Suite 350 North, Atlanta, GA 30342; 404-255-6810, Fax 404-252-3883; Email: k.atlee@massell.com; Web site: www.massell.com.
Sandor Development Co. is developing Greenville Commons, a 52,000 sq.ft. center located at the intersection of Interstate 30 and Highway 34 in Greenville, TX. The center is anchored by Home Depot. Area demographics include a population of 27,285 within five miles earning $48,417 as the average household income. Area retail includes Dollar Tree, Wal*Mart Supercenter and Crossroads Mall. Opening is slated for the fall. For more information, contact Sandor Development Co., 7201 East Camelback Road, Suite 315, Scottsdale, AZ 85251; 480-949-9011, Fax 480-949-9020; Email: jsimon@sandordev.com.
Transwestern Commercial Services is preleasing The Ballenger Buildings located in Alexandria, VA. Opening is slated for the second half of 2006. The site has a space available of 40,000 sq.ft. For more information, contact Bill Miller or Alex Walker, Transwestern Commercial Services, 1667 K Street, Suite 300, Washington, DC 20006; 202-775-7033, Fax 202-775-7009.
Equity One, Inc. is preleasing St. Lucie Plaza West, a 19,350 sq.ft. center located on St. Lucie West Boulevard in Port St. Lucie, FL with an average daily traffic count of 39,000 vehicles. Opening is slated for the late summer. Area retail includes Home Depot, Albertsons, Publix, Wal*Mart Supercenter, Kmart, Sears, Quizno’s, Dunkin’ Donuts, Subway, GNC and Outback Steakhouse. Asking rent is $22 psf with taxes and CAM of $6 psf. For more information, contact Shelli Lieberman or Laura Lynch, Equity One, Inc., 1696 N.E. Miami Gardens Drive, North Miami Beach, FL 33179; 305-672-1234 Ext. 177 or for Laura call 954-755-5959, Fax 305-948-9590; Emails: llynch@equityone.net and sliberman@equityone.net.
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