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New Construction
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New Construction Hannah Real Estate Investors, LLC and GlenView Apartments, LLC are developing GlenView House, a mixed-use residential and retail site located at the intersection of Glen Brook Road and East Main Street in Stamford, CT. The building will house a 15,000 sq.ft. Walgreens and 146 apartments. Opening is slated for next summer. For more information, contact Hannah Real Estate Investors,
LLC, 35 West Broad Street, Suite 1, Stamford, CT 06902; 203-569-9183, Fax
203-569-9444; Commercial Brokerage, Inc. is preleasing a center anchored by Smith’s Grocery Store in Albuquerque, NM near the Cottonwood Mall. Construction is slated for this spring. There is 9,200 sq.ft. available as well as a 35,000 sq.ft. ground lease or build-to-suit. The average daily traffic count is 44,000 vehicles. Area demographics include a population of 114,253 within five miles. For more information, contact Susan Showalter, Commercial
Brokerage, Inc., PO Box 93153, Albuquerque, NM 87199-3153; 505-828-9188, Fax
505-821-6653; Echo Real Estate Services Co. is preleasing Grove at Wesley Chapel, a specialty retail, restaurant and entertainment development located at the intersection of Interstate 75 and SR 54 in Pasco County, FL. The center is being developed by Cornerstone Real Estate Advisors. The project will be built in three phases with the first phase, the "Orange Quarter," to occupy 327,666 sq.ft. Phase two will include more than 207,590 sq.ft. and is slated to open during next spring and phase three, consisting of 176,174 sq.ft., is slated to open during next summer. When completed, the project will include more than 90 retailers, including specialty retailers, restaurants and national entertainment chains, in addition to 300 residential units. Also, the center will include a 74,000 sq.ft. 16-screen Cobb Theatre megaplex slated to open next year, as well as Bed Bath & Beyond, Ulta, Dick’s Sporting Goods, PetSmart, Best Buy, Michaels and Ross Dress for Less. The company also has leases pending with Toys "R" Us, Babies "R" Us and T.J. Maxx. For more information, contact Echo Real Estate Services Co.,
701 Alpha Drive, Pittsburgh, PA 15238; 412-968-1660; Southeastern Realty Group is preleasing West Towne
Plaza, a 74,000 sq.ft. center located at the intersection of Highway 46 and
Elder Road in Sandford, FL and situated on 10 acres. Spaces of 1,600 sq.ft. to
13,800 sq.ft. are available. Opening is slated for November with anchors
including Northern Tool & Equipment, Sherwin Williams and Trick
Shots Billiards. Area retail includes Seminole Town Center and
BJ’s Wholesale Club. Asking rent ranges from $22 psf to $23 psf plus CAM of
$1.25 psf and taxes of $2.50 psf. The average daily traffic count is 35,000
vehicles. Area demographics include a population of 273,938 within 10 For more information, contact Al Clark, Southeastern Realty
Group, 933 Lee Road, Suite 400, Orlando, FL 32810; 407-629-5595 Ext. 228, Fax
407-645-2035; NAI Mertz is preleasing D&Q Plaza, a 20,000 sq.ft.
center site located at the intersection of Route 70 and Route 295 in Cherry
Hill, NJ. Situated on 22 acres, the center is anchored by Danzelsen and
Quigley Sports. Groundbreaking is slated for this spring. The average
daily traffic count is 65,000 vehicles. Area demographics include a population
of 238,953 within five miles earning $103,944 as the average household income.
Area retail includes Cherry Hill Mall, L.L. Bean, Modells
and Dick’s Sporting Goods. Asking rent is $20 psf with CAM For more information, contact Marc Cutler, NAI Mertz, 21
Roland Avenue, Mount Laurel, NJ 08054; 856-234-9600, Fax 856-234-4957; Ceccone & Co. is preleasing Metropolitan Shops, a 171,500 sq.ft. power center located at the intersection of East-West Highway and Belcrest Road in Hyattesville, MD and situated on nine acres. Space of 6,500 sq.ft. is available. Opening is slated for November with anchors including Circuit City, Staples and Bally’s Total Fitness and cotenants including Mattress Discounters. Asking rent is $45 psf. Area demographics include a population of 750,000 within 10 miles earning $59,000 as the average household income. The average daily traffic count is 28,000 vehicles. For more information, contact Richard Ceccone, Ceccone & Co.,
7501 Wisconsin Avenue, Suite 1360 East, Bethesda, MD 20814; 301-654-2211, Fax
301-654-6945; RM Realty Group, LLC is developing Lakeside Plaza, a 90,000 sq.ft. retail center located at the intersection of Route 9 and Lakeside Drive in Lacey, NJ. The development will feature anchor spaces of 14,921; 21,718 sq.ft. and 30,035 sq.ft. Area demographics include a population of 78,761 within seven miles earning $79,558 as the average household income. An Applebee’s is located on an outparcel with area retail including Home Depot, A&P, Rite Aid, ShopRite, Foodtown, Eckerd and a proposed Wal*Mart. The average daily traffic count is 23,000 vehicles. For more information, contact RM Ram Realty Services is preleasing Mainstreet @ Midtown, a 96,214 sq.ft. specialty center situated on 47 acres at the intersection of Military Trail and PGA Boulevard in Palm Beach Gardens, FL. Spaces of 800 sq.ft. and 3,500 sq.ft. are available. Opening is slated for June. Tenants include J. Alexander’s, III Forks, Cantina Laredo and Field of Greens. Area demographics include a population of 58,457 within three miles earning $75,000 as the average household income. The average daily traffic count is 78,000 vehicles. Area retail includes Center @ Donita Springs, Donita Bay Plaza, Publix, Albertson’s and Fresh Market. Asking rent is $25 psf with CAM, taxes and insurance of $5.50. For more information, contact Cammi Goldberg, Ram Realty
Services, 5555 Anglers Avenue, Suite 21, Fort Lauderdale, FL 33312;
954-981-4116, Fax 954-981-3656; Lee & Associates is preleasing Fairfield Ranch Retail Center II, located at the intersection of Central Avenue and Fairfield Ranch Road in Chino Hills, CA. The shopping center has spaces available from 1,192 sq.ft. to 4,998 sq.ft. with tenants including Denny’s and Starbucks. Opening is slated for late spring. The average daily traffic count is 79,960 vehicles. Area demographics include a population of 187,073 within five miles earning $87,512 as the average household income. The site is adjacent to a 146,696 sq.ft. office park. For more information, contact Brian Bielatowicz or Andrew
McLean, Lee & Associates, 25240 Hancock Avenue, Suite 100, Murrieta, CA 92362;
951-445-4515/4521;
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