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New Construction
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New Construction William B. May Commercial is preleasing a 750,000 sq.ft. mixed-use development located on the waterfront in Jersey City, NJ. The center will include 6,000 residential units and four million sq.ft. of office space. Retail spaces will range from 720 sq.ft. to 60,000 sq.ft. For more information, contact Michael R. Buzzeo, William B. May Commercial, 505 Eighth Avenue, Suite 804, New York, NY 10018; 646-442-3804, Fax 212-265-8751.
Jeffery Realty, Inc. is preleasing a 400,000 sq.ft. center located at the intersection of Route 9 and West Farms Road in Howell, NJ. Area retail includes Home Depot. The center will be situated on a land area of 50 acres and is located near Freehold Raceway Mall. Area demographics include a population of 323,874 within 10 miles earning $94,467 as the average household income. The company also is preleasing a 43,000 sq.ft. center located at the intersection of Woodlane Road and Springside Road in Westampton, NJ. Area demographics include a population of 247,426 within seven miles earning $60,282 as the average household income. For more information, contact John Lutz, Jeffery Realty, Inc., 116 Route 22, North Plainfield, NJ 07060; 908-668-9600; Email: jlutz@jefferyrealty.com
Faison is preleasing Waldorf Marketplace, a 475,000 sq.ft. center located at the intersection of Western Parkway and Berry Road in Waldorf, MD. For more information, contact Drew Gorman, Faison, 7920 Norfolk Avenue, Suite 800, Bethesda, MD 20814; 240-497-0523.
Commercial Real Estate Services is preleasing Red Mill Commons, a 325,000 sq.ft. center located at the intersection Nimmo Parkway and Upton Drive in Virginia Beach, VA. The center will be situated on a land area of 150 acres and will be anchored by Wal*Mart Supercenter, Home Depot, T.J. Maxx, Bath & Body Works, Michaels, Starbucks, Pier 1 Imports, Panera Bread and Outback Steakhouse. Area demographics include a population of 332,474 within 10 miles earning $70,340 as the average household income. The company also is preleasing Red Mill Walk, a 240,000 sq.ft. center located at the intersection of Upton Drive and Sandbridge Road in Virginia Beach, VA. Area demographics include a population of 332,474 within 10 miles earning $70,340 as the average household income. For more information, contact Commercial Real Estate Services, 1081 19th Street, Suite 202, Virginia Beach, VA 23451; 757-491-1990, Fax 757-491-7588; Email: mollie@cres-va.com
Robert K. Futterman & Associates is preleasing Fort Apache Commons, a center located at the intersection of Charleston and Fort Apache in Las Vegas, NV. The 22,000 sq.ft. development will include specialty retail and restaurant opportunities. Area retail includes Mimi’s Café, Claim Jumper, P.F. Chang’s China Bistro, Red Rock Stations, Cheesecake Factory, Kona Grill, BJ Brewery, Islands, Gap, Chili’s, Olive Garden, Borders, Melting Pot and Whole Foods. For more information, contact Randy D. Aguilar, Robert K. Futterman & Associates, 6700 Via Austi Parkway, Suite D, Las Vegas, NV 89119; 702-270-0066, Fax 702-270-0144; Email: raguilar@rkf.com ; Web site: www.rkf.com
Commercial Net Lease Realty, Inc. is preleasing a center located on John Rolph Parkway in Richmond, VA. Area retail includes Wal*Mart, Target, Home Depot and Kohl’s. Area demographics include a population of 306,029 within 10 miles earning $79,613 as the average household income. For more information, contact Paul Montgomery, Commercial Net Lease Realty, Inc., 450 South Orange Avenue, Suite 900, Orlando, FL 32801; 800-NNN-REIT, Fax 407-650-1046; Web site: www.nnnreit.com
Baum Realty Group, Inc. is preleasing Elgin, a center located at the intersection of Route 31 and Tollgate in Elgin, IL. The site has an average daily traffic count of 30,000 vehicles. Area demographics include a population of 166,744 within five miles earning $78,020 as the average household income. Area retail includes Spring Hill Mall and Dunkin’ Donuts. For more information, contact Baum Realty Group, Inc., 1030 West Chicago Avenue, Suite 300, Chicago, IL 60622; 312-275-3117, Fax 312-628-8152.
Coldwell Banker Commercial Argue Properties is developing RiverWalk Crossing, a mixed-use lifestyle center located in Tulsa, OK. The center will include restaurants, retail, theater, offices and a boardwalk entertainment area. The center connects to the Oklahoma Aquarium and across the Jenks Pedestrian Bridge to the Tulsa Riverparks Trail System. The center also will include a waterfall with a cave backdrop and wildlife sculpture, outdoor fireplaces, dancing fountains, outlook areas for the Arkansas River, bronze sculptures and an outdoor amphitheater. For more information, contact Coldwell Banker Commercial Argue Properties, 401 South Boston Suite 2424, Tulsa, OK 74103; 918-587-1900, Fax 918-699-0324; Email: jburcham@argueproperties.com
Michael Antkies Retail Real Estate is preleasing Berlin Life Style Corners, a 200,000 sq.ft. center located at the intersection of Route 15 and Route 160 in Berlin, CT. The proposed center is to be situated on a land area of 23 acres and will have two pad sites available. Area demographics include a population of 148,413 within five miles earning $54,432 as the average household income. The company also is preleasing a proposed 100,000 sq.ft. center located at the intersection of Route 59 and Route 303 in West Nyack, NY. The center will be situated on a land area of eight acres. Area retail includes Filene’s and The Palisades Mall. The center will have four buildings, ranging from 4,000 sq.ft. to 44,000 sq.ft. Area demographics include a population of 580,253 within 10 miles earning $72,747 as the average household income. The company also is preleasing a 168,750 sq.ft. center located at the intersection of the Route 7 proposed bypass and Federal Road in Brookfield, CT. Area demographics include a population of 67,674 within seven miles earning $91,196 as the average household income. Proposed retailers include restaurants, a bank, coffee shop and a supermarket. 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
MacKenzie Cushman & Wakefield is preleasing The Village at Swan Creek, a center located at the intersection of Pulaski Highway and Blenheim Lane in Havre de Grace, MD. The site has an average daily traffic count of 29,050 vehicles. Area demographics include a population of 102,371 within 10 miles earning $80,500 as the average household income. The center will be situated on a land area of 10 acres. Opening is slated for the fall. For more information, contact Debbie Haney or Tom Fidler, MacKenzie Cushman & Wakefield, 2328 West Joppa Road, Suite 200, Lutherville, MD 21093; 410-821-8585, Fax 410-296-7506.
The Shopping Center Group, LLC is preleasing Promenade at North Market, a 23,889 sq.ft. center located in downtown Wilmington, NC. The center is currently 76% occupied. The site has an average daily traffic count of 58,000 vehicles. Area demographics include a population within three miles earning $45,126 as the average household income. For more information, contact The Shopping Center Group, LLC, Investment Sales & Finance Division, 3101 Towercreek Parkway, Suite 200, Atlanta, GA 30339; 770-955-2434, Fax 770-951-0054; Web sites: tscginvestments.com and www.theshoppingcentergroup.com
O’Connor & Co. is preleasing Broadway Center, a 700,000 sq.ft. center located at the intersection of Broadway and Second Street in Long Branch, NJ. Opening is slated for Spring 2008. The center will be situated on a land area of nine acres and will be anchored by Paramount Theater and N.J. Repertory. Area demographics include a population of 60,000 within three miles earning $150,000 as the average household income. Market rent is $35 psf. For more information, contact Patience O’Connor, O’Connor & Co., 157 Broadway, Long Branch, NJ 07740; 732-222-9275; Email: pjoc2003@aol.com
Colliers Arnold – Tampa is preleasing Shoppes of Southbay, a 125,000 sq.ft. center located at the intersection of U.S. 301 and Big Bend Road in Riverview, FL. The center is situated on a land area of 30 acres and has spaces available of 1,400 sq.ft. to 7,500 sq.ft., as well as two outlots of 40,000 sq.ft. Opening is slated for the fourth quarter of this year. The center is anchored by Sweebay Supermarket and is cotenanted by Panera Bread, Fifth Third Bank, Great Clips and Planet Beach. Demographics include a population of 153,717 within 10 miles. Asking rent is $25 psf with CAM of $1.20 psf and taxes of $3 psf. For more information, contact Tom Hand, Colliers Arnold – Tampa, 4350 West Cypress Street, Tampa, FL 33607; 813-221-2290, Fax 813-224-9403; Email: thand@colliersarnold.com ; Web site: www.colliersarnold.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.
Forest City Retail Properties is preleasing Northfield at Stapleton, a 539,722 sq.ft. center located at the intersection of Interstate 270 and Interstate 70 in Denver, CO. The center is anchored by Bass Pro Shops, Foley’s, Harkins Theatre and Target. Area demographics include a population of 570,332 within seven miles earning $62,831 as the average household income. The company also is preleasing The Orchard Town Center, a 265,000 sq.ft. center located at the intersection of Huron Street and West 144th in Westminster, CO. Opening is slated for Fall 2006 or Spring 2007. Anchors include JCPenney, Foley’s and AMC Theatres. Area demographics include a population of 509,136 within 10 miles earning $74,749 as the average household income. For more information, contact Forest City Commercial Group, 50 Public Square, Suite 1026, Cleveland, OH 44113; 216-621-6060.
Willner Realty and Development Co. is developing a 100,000 sq.ft. center located at the intersection of 63rd and Market Streets in Upper Darby, PA. The center will be situated on a land area of eight acres. Area demographics include a population of 782,697 within five miles earning $52,034 as the average household income. For more information, contact Michael Willner or Benjamin Willner, Willner Realty and Development Co., 140 South 69th Street, 2nd Floor, Upper Darby, PA 19082-4118; 610-352-1300 Ext. 11/19, Fax 610-352-6148; Emails: michael@willnerrealty.com and ben@willnerrealty.com
The MAR Group, LLC is preleasing The Shoppes at Pineland, a center located at the intersection of Perkiomen Avenue and Pineland Road in Exeter Township, PA. The center is situated on a land area of 5.5 acres. Spaces available include pad sites of 3,000 sq.ft. to 5,000 sq.ft., outlots of 3,000 sq.ft. and 4,500 sq.ft. and inline spaces of 20,000 sq.ft. Opening is slated for the fall. Area demographics include a population of 268,000 within 10 miles earning $57,845 as the average household income. The site has an average daily traffic count of 28,000 vehicles. Area retail includes Wal*Mart, WaWa, Home Depot, Sheetz, Weis and Commerce Bank. For more information, contact Chadd Martin, The MAR Group, LLC, PO Box 1237, West Chester, PA 19380; Fax 484-314-8714; Email: chadd@tmghomes.org
PK Partners, LLC is preleasing 54th and Keystone Center located at the intersection of 54th and Keystone Avenue in Indianapolis, IN. Opening is slated for May. The center is anchored by AutoZone, Rally’s and Harris Tire and is cotenanted by Simply Fashions and Titan Auto Insurance. Area demographics include a population of 230,000 within five miles earning $60,560 as the average household income. Asking rents range from $17 psf to $20 psf. For more information, contact Keith B. Fried, PK Partners, LLC, 3815 River Crossing, Suite 150, Indianapolis, IN 46240; 317-817-8888, Fax 317-817-8884; Email: kfried@pkpartners.com ; Web site: www.pkpartners.com
Howard Hanna Commercial is preleasing Shops of Towne Square, a 65,000 sq.ft. center located at the intersection of U.S. Route 30 and U.S. Route 119 in Greensburg, PA. The center is situated on a land area of 10 acres and has outlots available of 10,000 sq.ft.; 15,000 sq.ft. and 18,000 sq.ft. Opening is slated for September. Area demographics include a population within three miles earning $40,000 as the average household income. Area retail includes Greengate Center and Westmoreland Mall. For more information, contact Doug German, Howard Hanna Commercial, The Koppers Building, the corner of Grant and Seventh, Pittsburgh, PA 15219; 412-471-3311, Fax 412-471-8929; Email: dgerman@howardhanna.com . |