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New Construction Duke Realty Corp. is preleasing Hall’s Corner, a mixed-use development with five outparcels available, located in Columbus, OH at the intersection of U.S. 33 and State Road 161. Retail anchor positions from 21,000 sq.ft. to 125,000 sq.ft. are available. The outparcels available are 0.97 acres, 1.04 acres, two of 1.27 acres and 1.34 acres. Area demographics include a population of 157,213 within seven miles earning $92,464 as the average household income. For more information, contact Natasha Russell, Duke Realty Corp.; 317-808-6390; Web site: www.dukerealty.com.
PlazaCorp Realty Advisors, Inc. is preleasing spaces of 1,500 sq.ft. to 6,000 sq.ft. at a redevelopment of Damon’s located at the intersection of South Westnedge Avenue and Whites Road in Kalamazoo, MI. Opening is slated for late 2007 or early 2008. The site has an average daily traffic count of 43,000 vehicles. Area demographics include a population of 83,000 within three miles. For more information, contact Jon Jurhs, PlazaCorp Realty Advisors, Inc., 211 East Water Street, Suite 201, Kalamazoo, MI 49007; 269-383-5775 Ext. 13, Fax 269-383-5774; Email: jjurhs@plazacorp.net; Web site: www.plazacorp.net .
Johnson Development Corp. is developing Tuscan Lakes, an 870-acre mixed-use development in League City, TX at the intersection South Egret Bay Boulevard and League City Parkway. The 60,000 sq.ft. retail portion will be anchored by LA Fitness. The development is slated to open during the second quarter. For more information, contact Rusty Campbell or Jennifer Johnson, Johnson Development Corp., Heritage Properties, 5005 Riverway, Suite 500, Houston, TX 77056; 713-961-2977, Fax 713-960-9978; Email: commercialsales@johnsondev.com; Web site: www.johnsondevelopment.com.
Pacific Hotel Management, LLC is developing a hotel on Cannery Row in Monterey, CA that will include 18,500 sq.ft. of retail space, a 95-seat restaurant and 208 luxury hotel rooms. For more information, contact Pacific Hotel Management, LLC, 400 South El Camino Real, Suite 200, San Mateo, CA 94402; 650-347-8260, Fax 650-347-8261; Email: info@phmhotels.com; Web site: www.phnhotels.com.
Meer Development is preleasing a center located at the intersection of Route 52 and River Road in Shorewood, IL. Tenants include Wal*Mart Supercenter, CVS and a proprosed Hair Cuttery. Spaces available range from 1,164 sq.ft. to 3,564 sq.ft. Opening is slated for the first quarter. The company is also preleasing outlots of Wal*Mart Supercenters throughout IL, including 1.2 acres in Creston, 1.2 acres in Dixon, 2.2 acres in Fairfield and 1.34 acres in Washington. For more information, contact Edward Reagan or Michael Episcope, Meer Development, 1920 North Lincoln Avenue, Suite C6, Chicago, IL 60614;312-296-2855/543-1386; Emails: eddie@meerdevelopment.com and michael@meerdevelopment.com; Web site: www.meerdevelopment.com.
David Goldenberg & Co. is preleasing Market Place Crossing, a 30,000 sq.ft. center located at the intersection of Neil Street and Town Center Boulevard in Champaign, IL. The center is located across from Market Place Mall, a 900,000 sq.ft. shopping center anchored by Macy’s and is adjacent to Menard’s. Other area retailers include Sears, JCPenney, Wal*Mart Supercenter, Target, Best Buy, Meijer, Dick’s Sporting Goods, Lowe’s Home Improvement, Borders, Staples, Pier 1 Imports, World Market, PetSmart and Michaels. Area demographics include a population of 124,774 within five miles earning $74,714 as the average household income. For more information, contact David Goldenberg, David Goldenberg & Co., 3000 West Dundee Road, Suite 112, Northbrook, IL 60062; 847-498-5151, Fax 847-498-5890; Email: david@goldenbergcenters.com.
Zaremba Group is preleasing Cedar Crossings, a one million sq.ft. power center in New Lenox, IL located at the Interstate 355 interchange with Route 6. Opening is slated for fall 2008. For more information, contact Tim Todaro, Zaremba Group; 800-252-3222; Email: ttodaro@zarembagroup.com; Web site: www.zarembagroup.com.
M&J Associates is preleasing The Shops at Ocean’s Gate, a 40,000 sq.ft. center in Marshfield, MA located at the intersection of Route 129 and Webster Street. The site will include retail, restaurants and service businesses. The average daily traffic count is 35,000 vehicles. Area retailers include Star Market, Marshalls, CVS and Brooks Pharmacy. The center is slated to open during the fourth quarter. For more information, contact Mark Shair, M&J Associates, 450 Washington Street, Dedham, MA 02026; 781-326-7370, Fax 781-326-2827; Email: mshair123@msn.com.
David Cronheim Co. Commercial Realtors is developing Flemington Outlet Center, a 16,000 sq.ft. site in Flemington, NJ. The development will consist of four freestanding buildings of 2,184 sq.ft.; 3,800 sq.ft.; 4,436 sq.ft. and 5,545 sq.ft. that can accommodate tenants from 900 sq.ft. and up. Area retailers include Anne Klein, Lancome, Nautica, Polo Ralph Lauren, Brooks Brothers, Tommy Hilfiger, Michael Kors and J.Crew. Opening is scheduled for this spring. For more information, contact Kacy Salas, David Cronheim Co. Commercial Realtors; 973-635-2180 Ext. 2224.
Fameco Real Estate is preleasing Valley Square, a 140-acre development in Warrington, PA that will include a 320,000 sq.ft. lifestyle retail component. Tenants include Wegmans, Staples, Michaels, Sports Authority and Circuit City. Proposed retailers include J. Jill, Borders, Chipotle, Panera Bread, P.F. Chang’s, Starbucks, White House/Black Market, LensCrafters, DSW Shoe Warehouse, Olly, Jos. A. Bank, New York & Company, Victoria’s Secret, Chico’s, Ann Taylor Loft, Kildare’s, Aveda, Sunglass Hut, Ted’s Montana Grill, Francesca’s Collections, EMS, Blue Tulip and Bath & Body Works. The project will also include 110,000 sq.ft. of office space and 200 luxury condominiums. Opening is slated for this year. For more information, contact Fameco Real Estate, 633 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462, 610-834-8000, Fax 610-834-1793.
Magnum Development Corp. is developing The Marketplace – Council Bluffs, a 49-acre development located in Council Bluffs, IA on South 24th Street. The site will consist of a 103,000 sq.ft. anchor tenant, as well as 20 smaller stores. Construction is slated for spring, with the anchor opening during March 2008. For more information, contact Magnum Development Corp., 3023 South 83rd Place, Omaha, NE 68124; 402-558-2200.
Kahn Development is preleasing Towne Place at Greenbrier located in Chesapeake, VA. Area retailers include Kohl’s, Wal*Mart, Sam’s Club, Michaels, OfficeMax, Best Buy, Old Navy, Bed Bath & Beyond, PetSmart, Stein Mart, Harris Teeter, Barnes & Noble, Sears, JCPenney, Hecht’s and Dillard’s. The company is also preleasing The Village at Blenheim in Virginia Beach/Chesapeake, VA. Area retailers include Sears, JCPenney, Dillard’s, Hecht’s, Michaels, OfficeMax, Best Buy, Old Navy, Bed Bath & Beyond, PetSmart, Target, Pier 1 Imports, Stein Mart, Harris Teeter, Barnes & Noble, Kohl’s, Wal*Mart, Garden Ridge and Sam’s Club. For more information, contact Kahn Development; 803-744-0000; Email: leasing@kahndevelopment.com.
O&S Holdings, LLC is developing The Shops at River Prairie, a proposed 38-acre mixed-use development in Altoona, WI. The project will include big box tenants, lifestyle retailers and restaurants, as well as residential and office components and recreational space. The site is located at the intersection of Interstate 53 and River Prairie Drive. Nearby draws include University of Wisconsin at Eau Claire and University of Wisconsin at Stout. For more information, contact O&S Holdings, LLC, 319 Wilshire Boulevard, Second Floor, Santa Monica, CA 90403; 310-207-8600, Fax 310-207-2288; Web site: www.osholdings.com.
National Retail Properties and Brandt Retail Group are preleasing Village Park, a strip center in Springboro, OH with spaces for one to six tenants up to 11,400 sq.ft. and an 8,000 sq.ft. restaurant. Committed freestanding tenants include Max & Erma’s, Grater’s Ice Cream, Fifth Third Bank and Park National Bank. In-line tenants include Subway, Great Clips, Donato’s Pizza and Sprint Cellular. The companies are also preleasing The Commons of Indian Springs, a 33.72-acre development in Fairfield, OH located at the intersection of SR 4 and Bypass 4. Area retail includes Wal*Mart, Home Depot and Target. There are spaces available of 10,000 sq.ft. to 126,000 sq.ft. as well as two restaurant pad sites of 3,000 sq.ft. and 5,000 sq.ft. and a bank pad site. Area demographics include a population of 365,822 within 10 miles earning $66,649 as the average household income. For more information regarding Village Park, contact Kristine Davidson, Brandt Retail Group; 513-984-0800 Ext. 18; Email: davidson_k@brandtretailgroup.com. Or Mike Northan, National Retail Properties; 407-650-1156; Email: mike.northan@nnnreit.com. For more information regarding The Commons of Indian Springs, contact Kristine Davidson or Eric Abroms, Brandt Realty Group; 513-984-0800 Ext. 16; Email: abroms_e@brandtretailgroup.com. Or Tom Yeager, National Retail Properties; 513-794-7504; Email: tom.yeager@nnnreit.com.
The Sembler Co. is preleasing Hammock Park, a shopping center located in Naples, FL at the intersection of Rattlesnake Hammock Road and Collier Boulevard. There are spaces available of 8,000 sq.ft. to 30,000 sq.ft. as well as a bank pad site of 4,700 sq.ft. Walgreens tenants the site, occupying 14,820 sq.ft. Opening is slated for the middle of next year. Area demographics include a population of 111,523 within seven miles earning $54,603 as the average household income. The average daily traffic count is 69,605 vehicles. The company is also preleasing Henry Marketplace, a mixed-use development in McDonough, GA that includes 500,000 sq.ft. of retail space. Located at the intersection of Interstate 75 and Jonesboro Road, the project is adjacent to Dick’s Sporting Goods and Best Buy. Area retailers also include Babies “R” Us, Petco, Haverty’s, La-Z-Boy and Ashley Furniture. Opening is slated for fall. The average daily traffic count is 294,111 vehicles. Area demographics include a population of 100,676 within seven miles earning $83,876 as the average household income. The Sembler Co. is also preleasing Heron Creek, a shopping center located in North Point, FL at the intersection of Sumter Boulevard and Prince Boulevard. Spaces of 18,000 sq.ft.; 20,000 sq.ft. and 176,109 sq.ft. are available as well as outparcels ranging from 0.77 acres to 1.06 acres. Opening is slated for mid-2008. The average daily traffic count is 233,444 vehicles. Area demographics include a population of 49,330 within seven miles earning $45,332 as the average household income. For more information regarding leasing Hammock Park and Heron Creek, contact Andy Carlson, The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33707; 727-384-6000, Fax 727-343-4272; Web site: www.sembler.com. For more information regarding outparcels at Hammock Park and Heron Creek, contact Heather Fava. For more information regarding box leasing at Henry Marketplace, contact Steven St. Paul; 404-847-1800. For more information regarding small shop leasing at Henry Marketplace, contact Bret Lesley. For more information regarding outparcel leasing, contact Michael Morris.
American Asset Corp. is developing Alston Town Center, a 550,000 sq.ft. neighborhood shopping center in Cary, NC. The project will combine national and regional chains with specialty shops and restaurants. Nearby draws include North Carolina State University, The University of North Carolina at Chapel Hill and Duke University. Area demographics include a population of 359,468 within 10 miles earning $78,285 as the average household income. The company is also developing Pittsboro Commons, a 425,000 sq.ft. center located in Pittsboro, NC at the intersection of Highway 51-501 and Highway 64 Bypass. Area demographics include a population of 52,005 within 10 miles earning $62,005 as the average household income. In addition, the company is developing Mint Hill Village, a 400,000 sq.ft. regional open-air shopping center located in Mint Hill, NC at the intersection of Highway 51 and Lawyers Road. Area demographics include a population of 428,920 within 10 miles earning $62,996 as the average household income. American Asset Corp. is also developing Gold Hill Square, a 500,000 sq.ft. regional shopping center located in Fort Mill, SC at the intersection of Interstate 77 and Fort Mill Bypass. The development will consist of retail, multi-family residential and class A office space. Area demographics include a population of 296,658 within 10 miles earning $71,004 as the average household income. The company is also developing Bryton, a mixed-use project located in Huntersville, NC that will include one million sq.ft. of retail and 3,000 single- and multi-family residences. Area demographics include a population of 297,634 within 10 miles earning $71,730 as the average household income. For more information, contact Patrick Russell or Kempton White, American Asset Corp., 3700 Arco Corporate Drive, Suite 350, Charlotte, NC 28273; 704-295-4006/4061; Emails: prussell@aacusa.com and kwhite@aacusa.com.
Situs Realty Corp. is preleasing North Park Town Center, a 575-acre mixed-use development in Bloomington, IN that combines 700,000 sq.ft. of retail space with residential and office space. The development is located at the intersection of SR 37 and SR 46 with nearby draws including Indiana University. Area retail includes Bed Bath & Beyond, Kohl’s, Office Depot, T.J. Maxx, MC Sports, PetSmart, Lowe’s Home Improvement, Michaels, Old Navy, Pep Boys, Goody’s, O’Charley’s, Olive Garden, Starbucks, Cracker Barrel and Smokey Bones at Whitehall Crossing, as well as Macy’s, Sears, Dick’s Sporting Goods, Old Navy, Target, Kmart, Bed Bath & Beyond and T.G.I. Friday’s at College Mall. Area demographics include a trade-area population of 345,116 earning $43,336 as the average household income. The company is also preleasing Saxony, a 750,000 sq.ft. development in Hamilton County, IN that includes 36,000 sq.ft. of retail and office space. Located on Interstate 69, the site has an average daily traffic count of 70,000 vehicles. Area demographics include a population of 122,771 within seven miles earning $92,569 as the average household income. For more information regarding North Park Town Center, contact Keith W. Stark, Situs Realty Corp., 101 West Ohio Street, 20th Floor, Indianapolis, IN 46204; 317-684-6864, Fax 317-684-6825; Web site: www.situsrealtycorp.com. For more information regarding Saxony, contact Situs Realty Corp. |