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New Construction
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New Construction Forest City Enterprises is developing Grist Mill Crossing, a 1.2 million sq.ft. lifestyle center located at the intersection of Highway 287 and Broad Street in Mansfield, TX. The center is part of a 100-acre mixed-use project to include retail, residential, office and hotel uses. Phase 1 of the retail portion is scheduled to break ground during the Fall. The center will feature major anchors, an entertainment component, plus approximately 85 specialty stores and restaurants. Area demographics include a population of 327,000 within 10 miles. For more information, contact Forest City Enterprises, 1100 Terminal Tower, 50 Public Square, Cleveland, OH 44113-2203; 216-621-6060; Web site: www.forestcity.net.
Cozza Enterprises is preleasing 5853 Forbes, a 24,000 sq.ft. center located in Pittsburgh, PA. The center has spaces available of 6,000 sq.ft. and 18,000 sq.ft. and is slated to open next month. Area demographics include a population of 22,862 within one mile earning $44,011 as the average household income. The site has an average daily traffic count of 30,000 vehicles. Asking rent is $17 psf with CAM of $1 psf and taxes of $2 psf. For more information, contact Craig Totino, Cozza Enterprises, 5770 Forbes Avenue, Pittsburgh, PA 15217; 412-381-7222; Email: ctotino@alexdevelopment.com.
Michael Antkies Retail Real Estate is preleasing a 25,000 sq.ft. center located at the intersection of Route 100 and Healy Road in Hartsdale, NY. Area retail includes Barnes & Noble and Ethan Allen. Area demographics include a population of 984,710 within 10 miles earning $76,893 as the median household income. The company also is preleasing a 100,000 sq.ft. center located at the intersection of Route 59 and Route 303 in West Nyack, NY. The center is situated on a land area of eight acres. Area demographics include a population of 580,253 within 10 miles earning $72,747 as the average household income. Area retail includes The Palisades Mall. 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.
Fameco Retail is preleasing Canal’s End Plaza, a mixed-use center located at the intersection of Old Route 13 and Mill Street in Bristol Borough, PA. Area demographics include a population of 205,429 within five miles earning $55,104 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.
Coldwell Banker Commercial Mountain West Real Estate, LLC is preleasing Stayton Crossroads, an 80,000 sq.ft. center located at the intersection of Shaff Road and Wilco Road in Salem, OR. Opening is slated for the Fall. The center is anchored by KFC/Taco Bell. Area retail includes Bi Mart, Roth’s and McDonald’s. Area demographics include a population of 36,870 within 10 miles earning $47,673 as the average household income. For more information, contact Alex Rhoten or Jennifer Martin, Coldwell Banker Commercial Mountain West Real Estate, LLC, 698 12th Street, Suite 100, Salem, OR 97301; 503-587-4777, Fax 503-588-3514.
Welco Realty, Inc. is preleasing Waynechester Plaza, a center located on Route 23 North in Wayne, NJ. Area retail includes Kohl’s, Lowe’s Home Improvement, Rag Shop, Party City, Staples, Zany Brainy, Harmon Cosmetics, Bottle King, Treasure Island, Pay Half, The Avenue, Fuddruckers, Panera Bread, Chuck E. Cheese, HomeGoods, A&P and Romano’s Macaroni Grill. Area demographics include a population of 170,330 within five miles earning $87,338 as the average household income. For more information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596.
GVA Williams is preleasing Brookfield Lifestyle Plaza, a center located on Federal Road in Brookfield, CT. Opening is slated for the Fall. The site has an average daily traffic count of 30,000 vehicles. Area demographics include a population of 45,423 within five miles earning $101,617 as the average household income. Area retail includes Wal*Mart, Costco, Stop & Shop, Staples and Big Y. For more information, contact Scott Lifschultz, GVA Williams, 1055 Washington Boulevard, Third Floor, Stamford, CT 06901; 203-961-6581; Email: slifschultz@gvawilliams.com.
Commercial Net Lease Realty, Inc. is preleasing South Branch Center, a mixed-use center located at the intersection of Lapeer Road and DeMille Road in Lapeer, MI. The site has an average daily traffic count of 44,500 vehicles. The 16-acre site is suitable for up to 140,000 sq.ft. Area retail includes Home Depot, Kroger, Meijer and Applebee’s. Area demographics include a population of 65,516 within 10 miles earning $64,395 as the average household income. For more information, contact Tom Yeager, Commercial Net Lease Realty, Inc., 10260 Alliance Road, Suite 130, Cincinnati, OH 45242; 513-794-7500, Fax 513-794-7507; Web site: www.nnreit.com.
Crissman Commercial Services, Inc. is preleasing Santa Clarita Crossroads, an 8,500 sq.ft. center located at the intersection of Sierra Highway and Via Princessa in Santa Clarita, CA. The center is tenanted by Carl’s Jr. and It’s a Grind Coffee. For more information, contact Tim Crissman, Crissman Commercial Services, Inc., 25031 West Avenue Stanford, Suite 70, Valencia, CA 91355 USA; 661-295-9300, Fax 661-295-0527; Web site: www.crissmancommercial.com.
Opus South Corp. is preleasing Gulf Coast Commons, a 338,000 sq.ft. center located at the intersection of Interstate 75, Alico Road and Three Oaks Parkway in Fort Myers, FL. The center is situated on a land area of 47 acres and has spaces available of 2,000 sq.ft. to 120,000 sq.ft., as well as outlots available of 5,000 sq.ft.; 6,000 sq.ft. and 12,000 sq.ft. Opening is slated for Summer 2007. The center will be anchored by a department store, discount store and a home improvement store. Area retail includes JCPenney, Bass Pro Shops, Super Target and Circuit City. Asking rent is $25 psf. For more information, contact Lynn Dehlinger, Opus South Corp., 225 Mizner Boulevard, Suite 675, Boca Raton, FL 33432; 561-544-3700, Fax 561-544-3701; Email: lynn.dehlinger@opussouth.com; Web site: www.opuscorp.com.
KLNB Retail Commercial Real Estate Services is preleasing West Shore Crossing, a 400,000 sq.ft. center located at the intersection of Interstate 83 and Interstate 76 in Fairview Township, PA. The center is expected to be anchored by a 200,000 sq.ft. Wal*Mart Supercenter, along with specialty stores featuring national and regional retailers and restaurants. The site has an average daily traffic count of 93,000 vehicles. Area demographics include a population of 346,763 within 10 miles earning $62,077 as the average household income. For more information, contact KLNB Retail Commercial Real Estate Services, 1430 Joh Avenue, Suite A, Baltimore, MD 21227; 443-297-9000, Fax 443-543-0191; Web site: www.klnbretail.com.
Levin Management Corp. is preleasing Market Hall, a building located at the Princeton Forrestal Village in Plainsboro, NJ. The company is converting the hall to include CAN DO fitness center and Koi Spa. The tenants are slated to open during Spring 2006. Area demographics include a population of 102,012 within five miles earning $146,230 as the average household income. For more information, contact Stan Bernstein or Ethan Goldsmith, Levin Management Corp., 800-488-0768 Ext. 296/283. |