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New Construction
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New Construction The Sembler Co. is developing Legacy Place, a 469,000 sq.ft. center located on PGA Boulevard and A1A in Palm Beach Gardens, FL. Opening is slated for the summer. The site has an average daily traffic count of 70,077 vehicles. Area demographics include a population of 190,826 within seven miles earning $72,625 as the average household income. The company also is redeveloping Lindbergh Plaza, a 400,000 sq.ft. center located at the intersection of Piedmont Road, Sidney Marcus Boulevard and GA 400 in Atlanta, GA. Opening is slated for the fall. The site has an average daily traffic count of 223,843 vehicles. Area demographics include a population of 282,459 within five miles earning $80,449 as the average household income. For more information, contact Brett Lesley, The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33707-1728; 404-847-1800; Web site: www.sembler.com .
Breslin Realty, Inc. is preleasing a 20,400 sq.ft. center located at the intersection of Brush Hollow Road and Prospect Avenue in Westbury, NY. For more information, contact Alan L. Berger, Breslin Realty, Inc., 500 Old Country Road, Suite 200, Garden City, NY 11530; 516-741-7400, Fax 516-741-5621; Email: aberger@breslinrealty.com ; Web site: www.breslinrealty.com .
Majestic Realty Retail is preleasing Cherokee Commerce Center, a 302,030 sq.ft. center located in Cherokee County, GA. The project is situated on a land area of 35.6 acres and anchor positions are available. For more information, contact John W. Hunter or Stan Conway, Majestic Realty Retail, 13191 Crossroads Parkway North, Sixth Floor, City of Industry, CA 91746-3497; 562-692-9581 or 562-948-4372 or 404-467-5255, Fax 562-692-4591; Emails: jhunter@majesticrealty.com and sconway@majesticrealty.com ; Web site: www.majesticrealty.com .
Parkview Development Partners, LLC is preleasing Parkview Plaza, a 22,750 sq.ft. center located at the intersection of Gary Avenue and Lies Road in Carol Stream, IL. Opening is slated for the first quarter of 2007. The center has spaces available of 1,300 sq.ft.; 1,625 sq.ft. and 1,950 sq.ft., as well as an outlot of 83,635 sq.ft., and is situated on a land area of 5.14 acres. Area demographics include a population of 253,855 within five miles earning $95,531 as the average household income. For more information, contact Michael J. Lindsey, Parkview Development Partners, LLC, 103 Ann Street, Clarendon Hills, IL 60514; 630-323-9595, Fax 630-323-9591; Email: parkviewdss@sbcglobal.net .
Regency Centers is preleasing First Street Village, an 84,643 sq.ft. center located at the intersection of McGregor Boulevard and Altamont Avenue in Fort Myers, FL. The center will be anchored by Publix and has spaces available of 10,100 sq.ft. to 11,180 sq.ft. Area demographics include a population of 52,341 within three miles earning $50,353 as the average household income. The site has an average daily traffic count of 39,500 vehicles. The company also is preleasing Silver Spring Square, a 487,594 sq.ft. center located at the intersection of Carlisle Pike and Lambs Gap Road in Silver Spring, PA. Anchors include Wegmans and Target. Area demographics include a population of 40,801 within three miles earning $76,487 as the average household income. The site has an average daily traffic count of 44,000 vehicles. The company also is preleasing Culpeper Colonnade, a 313,744 sq.ft. center located at the intersection of Montanus Drive and 15/29 Business in Culpeper County, VA. Anchors include Target, PetSmart and Staples. Area demographics include a population of 16,903 within five miles earning $52,752 as the average household income. The company also is preleasing West Scio Towne Center, a 646,300 sq.ft. center located at the intersection of Jackson Road and Baker Road in Scio Township, MI. The site has an average daily traffic count of 18,668 vehicles. Area demographics include a population of 29,326 within five miles earning $106,650 as the average household income. For more information, contact Regency Centers, 10117 Princess Palm Avenue, Suite 104, Tampa, FL 33610; 813-664-4800 or 800-995-6529; Web site: www.regencycenters.com . For more information regarding Silver Spring Square, contact Regency Centers, 150 Monument Road, Suite 406, Bala Cynwyd, PA 19004; 610-747-1200 or 866-256-2058. For more information regarding Culpeper Colonnade, contact Regency Centers, 8618 Westwood Center Drive, Suite 400, Vienna, VA 22182; 703-442-4300 or 800-791-3919. For more information regarding West Scio Towne Center, contact Regency Centers, 1315 West 22nd Street, Suite 250, Oak Brook, IL 60523; 630-645-2800 or 800-947-3739.
Noddle Cos. is preleasing Lorraine Towne Center, a 300,000 sq.ft. center located at the intersection of Interstate 29 and West 26th Street in Sioux Falls, SD. The company is developing the property in two phases with Lowe’s Home Improvement opening during the fall. Phase II will be located between an existing Hy-Vee Grocery and Lowe’s and will include an additional 150,000 sq.ft. of retail development of large and small shops expected to open in the summer of 2007. For more information, contact Noddle Cos., PO Box 24169, 1125 South 103rd Street, Suite 450, Omaha, NE 68124-0169; 402-496-1616, Fax 402-496-6250; Web site: www.noddlecompanies.com . Or contact, Amber Peterreins, Hegg Cos., Inc., 1300 West 57th Street, Suite 100, Sioux Falls, SD 57108; 605-731-5035, Fax 605-330-0607; Email: apeterreins@heggcompanies.com .
Carolina Holdings, Inc. is preleasing Village at Haywood, a mixed-use center located a the intersection of Haywood Road, Interstate 385 and Woods Crossing in Greenville, SC. The center is situated on a land area of 26 acres and is slated to open during the fall in 2007. Area demographics include a population of 346,842 within 10 miles earning $62,846 as the average household income. For more information, contact Ron Johnson or Bill Misiaveg, Carolina Holdings, Inc., 300 North Main Street, Suite 402, Greenville, SC 29601; Email: rejohn44@aol.com ; Web site: www.choldings.com .
LMS Commercial Real Estate is preleasing Windsor Commons, a 186,053 sq.ft. center located at the intersection of Cape Horn Road and Lombard Road in Red Lion, PA. Opening is slated for spring 2007. The center is anchored by Giant and is cotenanted by Fulton Bank, Commerce Bank, Susquehanna Bank, PLCB, DQ Grill and Chill, Dollar Store, GNC and H&R Block. Area demographics include a population of 208,180 within 10 miles earning $57,159 as the average household income. For more information, contact Joseph R. Deerin, LMS Commercial Real Estate, 120 North Pointe Boulevard, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Email: mbenjamin@lms-pma.com ; Web site: www.lms-pma.com .
First Rockford Group is preleasing Machesney Crossings, a 78,100 sq.ft. center located at the intersection of Highway 251 and Route 173 in Machesney Park, IL. Opening is slated for next year. Area demographics include a population of 63,351 within five miles earning $65,579 as the average household income. Asking rents range from $20 psf to $30 psf with CAM of $2.75 psf and taxes of $1.25 psf. For more information, contact Bharat Puri, First Rockford Group, 6801 Springcreek Road, Rockford, IL 61114; 815-229-3000, Fax 815-229-3001; Email: bharat@firstrockford.com ; Web site: www.firstrockford.com
Coldwell Banker Commercial NRT is preleasing Snake River Landing, a 400-acre mixed-use development located at the intersection of Sunnyside Boulevard and Interstate 15 in Idaho Falls, ID. Area retail includes Wal*Mart Supercenter. Area demographics include a population of 90,723 within nine miles earning $61,243 as the average household income. For more information, contact Stuart Thain, Coldwell Banker Commercial NRT, 6550 South Millrock Drive, Suite 200, Salt Lake City, UT 84121; 801-947-8300, Fax 801-947-8301;Email: stuart.thain@coldwellutah.com ; Web site: www.coldwellutah.com .
Prudential Transact Commercial Realty, Inc. is preleasing a center located on Dunlawton Avenue in Port Orange, FL. The site has an average daily traffic count of 29,500 vehicles. Area demographics include a population of 100,024 within five miles earning $53,685 as the average household income. Area retail includes Home Depot, Lowe’s Home Improvement, Super Target and Wal*Mart Supercenter. The company also is preleasing Village Square Retail Center located on South Nova Road in Port Orange, FL. Opening is slated for Spring 2007. The site has an average daily traffic count of 23,000 vehicles. Area demographics include a population of 112,138 within five miles earning $50,758 as the average household income. For more information, contact John W. Trost, Prudential Transact Commercial Realty, Inc., 120 South Palmetto Avenue, Daytona Beach, FL 32114; 386-295-5723, Fax 386-760-1117; Email: jtrost@ccim.net ; Web site: www.daytonacommercialrealestate.com .
Millennium Properties, Inc. is preleasing a 14,000 sq.ft. center located at the intersection of Route 120 and Lewis Avenue in Waukegan, IL. Area retail includes Walgreens and Home Depot. For more information, contact Susan B. Silver, Millennium Properties, Inc., 20 South Clark Street, Suite 630; 312-338-3001, Fax 312-338-3008.
Andy Lee Co./Blackburn Properties is preleasing Quail Creek Crossing, a 216,814 sq.ft. center located at the intersection of Lawrence Road and New Maplewood Extension in Wichita Falls, TX. The center is situated on a land area of 23.16 acres and has spaces available of 4,900 sq.ft. to 40,000 sq.ft. Opening is slated for November. Anchors include Academy Sports, Bed Bath & Beyond and PetSmart. Cotenants include David’s Bridal and a restaurant. Area demographics include a population of 130,471 within 10 miles earning $44,473 as the average household income. The site has an average daily traffic count of 72,564 vehicles. Asking rents range from $18 psf to $22 psf. For more information, contact Andy Lee or Paul Blackburn, Andy Lee Co./Blackburn Properties, 1410 Grant Street, Wichita Falls, TX 76309; 940-636-2869 or 210-828-7654, Fax 940-763-0689 or 210-822-5647; Email: andyleecompany@prodigy.net .
Forest City Washington is developing Southeast Federal Center, a mixed-use center located at the intersection of 1st and M Streets in Washington, DC. The site has 250,000 sq.ft. of retail space,1.8 million sq.ft. of office space and 2,700 residential units. The center is situated on a land area of 42 acres. For more information, contact Forest City Washington, 1615 L Street NW, Suite 400, Washington, DC 20036; 202-496-6605.
Cross Development is developing Pine Bluff Plaza, a 23,000 sq.ft. center located at the northwest corner of South Olive Street and Interstate 530 in Pine Bluff, AR. Area retail includes a 206,093 sq.ft. Wal*Mart Supercenter. The site has an average daily traffic count of 49,900 vehicles. Area demographics include a population of 67,900 within 10 miles earning $34,511 as the average household income. For more information, contact Warren Doyle or Britton Lankford, Cross Development, One Bent Tree Tower, 16475 North Dallas Parkway, Suite 218, Addison, TX 75001; 580-237-3003 or 972-447-0030 Ext. 202 for Lankford; Emails: wdoyle@crossdevelopment.net and blankford@crossdevelopment.net ; Web site: www.crossdevelopment.net .
Sage Cosgray Development is developing Patch Plaza, a center located at the intersection of Cosgray Road and Woodview Way in Hilliard, OH. The site has an average daily traffic count of 15,000 vehicles. Area demographics include a population of 94,724 within five miles earning $79,186 as the average household income. Spaces available range from 800 sq.ft. to 20,000 sq.ft. Opening is slated for January. For more information, contact Josh Fitzwater, Sage Cosgray Development, 4656 Executive Drive, Columbus, OH 43220; 614-545-1444, Fax 614-545-1444.
RD Management, LLC is preleasing Macungie Crossing, a 237,350 sq.ft. center located at the intersection of Route 222 and Hamilton Boulevard in Trexlertown, PA. Construction is slated to begin during spring 2007. Area retail includes Kohl’s, Giant, Redner’s and Tractor Supply. Area demographics include a population of 164,813 within seven miles earning $59,349 as the average household income. The company also is preleasing Richland Marketplace, a 407,000 sq.ft. center located in Richland Township, PA. Opening is slated for March 2007. Anchors will include Target, PetSmart and Circuit City. Area demographics include a population of 182,291 within 10 miles earning $76,559 as the average household income. For more information, contact Jordan Brown, RD Management, LLC, 810 Seventh Avenue, 28th Floor, New York, NY 10019; 212-265-6600 Ext. 253, Fax 212-492-8464; Email: jbrown@rdmanagement.com .
Gulfstream Commercial Services is preleasing Oxford Center located at the intersection of Highway 231 and Veterans Memorial Parkway in Bowling Green, KY. The center is situated on a land area of 50 acres. Area retail includes Wal*Mart Supercenter. The company also is Airport Station, a center located on Parrish Avenue in Owensboro, KY. The center is situated on a land area of 7.5 acres. The company also is preleasing Highland Pointe, a center located in Owensboro, KY. The site has an average daily traffic count of 35,000 vehicles. For more information, contact Brad Anderson, Gulfstream Commercial Services, 2960 Fairview Drive, Suite 1, Owensboro, KY 42303; 270-685-9007; Email: brada@gulfstreamdev.com .
Goldberg Properties, Inc. is preleasing a 74,000 sq.ft. center located at the intersection of Wadsworth and Quincy in Lakewood, CO. Area demographics include a population of 282,308 within five miles earning $74,339 as the average household income. The company also is preleasing a center located at the intersection of Highway 40 and Thompson in Granby, CO. Area retail includes City Market. For more information, contact Goldberg Properties, Inc., 195 West 12th Avenue, Denver, CO 80204; 303-759-8000, Fax 303-863-0275; Web site: www.golbergprop.com .
North American Properties Southeast, Inc. is developing Publix at FishHawk, a 90,000 sq.ft. center located at the intersection of FishHawk Boulevard and FishHawk Crossing Boulevard in Tampa, FL. Opening is slated for the fall. Demographics include a trade-area population of 14,631 earning $59,792 as the average household income. The company also is developing North Point, a 300,000 sq.ft. center located at the intersection of Pine Island Road and Del Prado Boulevard in Cape Coral, FL. Phase II is slated to open during the fall of 2007. The site has an average daily traffic count of 55,900 vehicles. Demographics include a trade-area population of 251,300 earning $53,500 as the average household income. The company also is developing Coral Walk, 300,000 sq.ft. center located in Cape Coral, FL. Opening is slated for fall 2007. Demographics include a trade-area population of 251,300 earning $53,500 as the average household income. For more information, contact Ryan Joyce or Jimmy Adkins, North American Properties Southeast, Inc., 7500 College Parkway, Fort Myers, FL 33907; 239-278-1121, Fax 239-278-0995; Web site: www.naproperties.com
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