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Lease Signings
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| Lease Signings Levin Management (800-488-0768) negotiated a 1,943 sq.ft. lease with Starbucks at the Village at Bedminster, located at the intersection of U.S. Route 202, Route 206 and Hills Drive in Bedminster, NJ. Fairfield Retail Partners represented the tenant. Levin Management is the exclusive leasing and managing agent for the 109,800 sq.ft. shopping center. Area demographics include a population of 59,818 within five miles earning $172,760 as the average household income. The average daily traffic count is 11,000 vehicles. CVS anchors the center, with cotenants including PNC Bank, Hallmark, The UPS Store, McDonald’s, Cold Stone Creamery, GNC and Curves. The company also leased 3,650 sq.ft. to PNC Bank for a pad site at Crossroads Place, located on Leesburg Pike in Falls Church, VA. Levin Management represented the landlord and The Rappaport Cos. represented the tenant. The 336,248 sq.ft. center is anchored by Giant and cotenanted by HomeGoods, Cost Plus World Market, Burlington Coat Factory and T.J. Maxx. Area demographics include a population of 521,000 within five miles earning $74,924 as the median household income. The company also leased 5,180 sq.ft. at Aldrich Plaza, located on Route 9 in Howell, NJ, to Marty’s Shoes. The 150,000 sq.ft. center is anchored by Bed Bath & Beyond, Drug Fair and Retro Fitness. Mid-America Real Estate – Wisconsin, LLC (414-273-4600) brokered the following lease transactions in WI: representing the landlord, Delafield Investment, LLC, with 1,155 sq.ft. for Papa Murphy’s at Village Square of Delafield, located at the intersection of Highway 83 and Highway 16 in Delafield; representing the landlord, EIG Madison Plaza, LLC, with Dream Bikes, Inc. for 2,200 sq.ft. and AutoZone for 7,010 sq.ft. at Madison Plaza, located on Verona Road in Madison; representing the landlord, Holt Plaza, LLC, and the tenant, Jimmy Johns, with a 1,600 sq.ft. lease at Holt Plaza, located at the intersection of Holt Avenue and Chase Avenue in Milwaukee; representing the tenant, Starbucks Coffee Co., with 1,800 sq.ft. at Rapids Crossing, located on South 8th Street in Wisconsin Rapids; representing the tenant, Snap Fitness, with 3,291 sq.ft. at County Line Road in Colgate and with 3,188 sq.ft. on East Menomonee Street in Milwaukee. Melaver|Mouchet (912-236-0781) signed four tenants at Abercorn Common, located on Abercorn Street in Savannah, GA. Movie Stop and Firehouse Subs will be located in the main center, while SprintCom, Inc. and Lasik Plus will be located in Shops 600, the phase two development of Abercorn Common. Goodman Real Estate Services Group, LLC (216-381-8200) completed leases with Best Floors and InkStop at Macedonia Town Square, an 18,000 sq.ft. shopping center on State Route 82 in Macedonia, OH. Cotenants include Sign-A-Rama, Papa John’s Pizza, Sprint, Pulp Smoothie and Batteries Plus. The company also signed leases with Old Navy, Chipotle Mexican Grill, IHOP and Alltel at Cleveland’s Steelyard Commons, a 950,000 sq.ft. regional power center located at the intersection of Interstate 71 and Jennings Freeway, in Cleveland, OH. The company completed a 48,650 sq.ft. lease to Gold’s Gym at Legacy Village in Lyndhurst, OH. The company also represented Chick-fil-A with a lease at Westgate shopping center in Rocky River, OH and on Mentor Avenue in Mentor, OH. In addition, the company represented Portrait Innovations with a lease at Medina Grande Shoppes in Medina, OH. It is the retailer’s third location in northeastern OH. Goodman Real Estate also represented Chipotle Mexican Grill with a lease at Mentor Commons, a 300,000 sq.ft. shopping center located in Mentor. Anchors include Super Kmart, PetSmart and Deal$. Main Street Property Services, Inc. (925-299-8170) brokered a 2,752 sq.ft. lease with Comerica Bank on Central Avenue in Alameda, CA. The company represented the landlord, Park Street Properties II, LLC. Katz & Associates (800-835-0939) represented the following tenants with lease transactions: Corner Bakery Café with 3,400 sq.ft. at City Place in Santa Ana, CA; Cost Plus World Market with 18,300 sq.ft. at Stone Ridge Square Shopping Center in Bozeman, MT; GameStop with 1,400 sq.ft. at Mission Lakes in Wellington, FL, 1,800 sq.ft. at Hollywood Hills Plaza in Hollywood, FL and 1,206 sq.ft. at Gulf Coast Town Center in Estero, FL; Jamba Juice with 1,300 sq.ft. at Cypress Creek Station in Fort Lauderdale, FL and 1,400 sq.ft. at Sea Plum Town Center in Jupiter, FL; Linens ‘N Things with 28,000 sq.ft. at Stone Ridge Square Shopping Center, at Coastal Way in Brooksville, FL and at Tempe Marketplace in Tempe, AZ; Loehmann’s with 20,000 sq.ft. at Gateway Overlook in Columbia, MD; OfficeMax with 14,238 sq.ft. at The Shoppes at Castle Rock in Castle Rock, CO; Road Runner Sports with 7,153 sq.ft. at Walnut Creek Shopping Center in Westminster, CO and 7,000 sq.ft. at Costa Mesa Courtyards in Costa Mesa, CA and Shoe Carnival with 10,000 sq.ft. at Severance Town Center in Cleveland Heights, OH and at Meadows on the River in Sioux Falls, SD. Excess Space Retail Services, Inc. (516-365-6400) completed the following transactions: a 1,416 sq.ft. sublease from AT&T to Raymond Family Trust on North Main Street in Logan, UT; a 3,060 sq.ft. sublease from Payless ShoeSource to Stadheim Jewelry on 18th Avenue in Austin, MN; a 9,420 sq.ft. sublease from Pier 1 Imports to Justice Stores, LLC on West Main Street in American Fork, UT; a 6,632 sq.ft. sublease from Walgreens to Health First Physicians on Belt Line Road in Garland, TX and a 2,700 sq.ft. sublease from Dunkin’ Brands to Pytlik Enterprises, Inc. on West Silver Springs Road in Milwaukee, WI. Goldschmidt & Associates (914-723-1616) brokered six bank leases in Westchester County, NY, including: a 2,100 sq.ft. lease with Webster Bank at the intersection of Huguenot Street and River Street in New Rochelle; a 6,000 sq.ft. lease on North Avenue in New Rochelle; a 4,000 sq.ft. lease with Bank of America at the intersection of Gramatan Avenue and Broad Street in Mt. Vernon; a 2,700 sq.ft. lease with Emigrant Savings Bank at the CVS Route 6 Shopping Center, located in Mohegan Lake; a 2,300 sq.ft. lease with Community Mutual Savings Bank on White Plains Road in Eastchester and 1,650 sq.ft. with Country Bank at Two Overhill Road in Scarsdale. The Goldstein Group (201-703-9700) brokered the following leases throughout NJ: representing the landlord with Sleepy’s for 3,000 sq.ft. at a center located on Morris Turnpike in Millburn; representing the landlords with Verizon for space at Forest Avenue Shopping Center, located in Paramus, and at Denville Commons, located on Route 10 in Denville; representing the landlord and the tenant with Sherwin-Williams for 5,000 sq.ft. at a freestanding building on Route 46 in Washington Township; representing the tenant, Radio Shack, for 2,400 sq.ft. on Bergen Avenue in Jersey City; representing the tenant, GNC, for space at Raritan Village Shopping Center, located on Route 31 in Raritan Township; representing the tenant and landlord with 3,000 sq.ft. for Century 21 Real Estate at Point View Shopping Center, located on Berdan Avenue in Wayne; representing the landlord, Holly Gardens, Inc., with 3,000 sq.ft. for Childworks at Powder Mill Plaza East, located on Route 10 in Parsippany; representing the landlord, BMJ Property, LLC, with 3,120 sq.ft. for WinePro on Ridge Road in Lyndhurst. The Ross Realty Group, Inc. (727-725-2800) represented the landlord, MAS Orfus, Inc., with a 1,342 sq.ft. lease to Integrity First Title, LLC at Bloomingdale Towne Center, located on Bloomingdale Avenue in Riverview, FL. The company also represented the landlord with a 3,910 sq.ft. lease to Passport Marine for a freestanding site on Tyrone Boulevard in St. Petersburg, FL. Lakrtiz-Weber (248-353-9494) leased 1,444 sq.ft. at a center on Lake Lansing Road in Lansing, MI for Beaner’s Coffee. The company represented the landlord, The Surnow Co. The lease brings the center to 100% occupancy, with cotenants including Centennial Wireless, Quiznos, BoRics and Caribbean Cabana Tanning. NAI Realvest (407-875-9989) negotiated a five-year lease for 1,467 sq.ft. to IntaJuice at Shoppes at East Colonial, located on East Colonial Drive in Orlando, FL. The company represented the tenant. Signature Associates (616-235-0900) negotiated the lease
of 1,594 sq.ft. with Brooke Investments, Inc. on East Sherman
Boulevard in Muskegon, MI. The company represented the landlord, Hughes &
Sons. The company also negotiated a 3,079 sq.ft. lease on Romence Road in
Portage, MI. Signature Associates represented the Prime Retail, Inc. (408-879-4000) represented the landlords with the following leases: 1,300 sq.ft. with Cali Skates at Mission Valley Shopping Center, located on Mission Boulevard in Fremont, CA and 4,000 sq.ft. with Pharmaca Integrative Pharmacy, Inc. on North Santa Cruz Avenue in Los Gatos, CA. Thompson Thrift (812-242-1152) signed five-year leases with Eyecare Express and Portrait Innovations, Inc. at the Shoppes of Honey Creek, located on South U.S. 41 in Terre Haute, IN. Eyecare Express leased 3,910 sq.ft. and Portrait Innovations, Inc. leased 1,990 sq.ft. The company represented the landlord and tenant. Neal Realty & Investments (954-568-0530) represented the landlords with the following leases in FL: a three-year, 1,200 sq.ft. lease with Exquisite Designs By Lisa at Big Lots Plaza, located at the intersection of University Drive and 57th Street in Tamarac; a five-year, 1,100 sq.ft. lease with RBW Arcades, LLC at Plantation Plaza, located on 20th Street in Vero Beach and a five-year, 3,720 sq.ft. lease with Super Quick Corp. at Lincoln Park Plaza, located on 44 Street in Sunrise. Fameco Real Estate (610-834-8000) represented Payless ShoeSource with a 5,017 sq.ft. lease at The Walk, a mixed-use district located at the intersection of Baltic Avenue and Arkansas Avenue in Atlantic City, NJ. Cotenants include Liz Claiborne, Brooks Brothers, Coach, Banana Republic, Guess, Tommy Hilfiger and Kenneth Cole. Woolbright Development, Inc. (866-WDI-1230) negotiated a 1,000 sq.ft. lease with H&R Block at Cobblestone Crossing, a 93,000 sq.ft. shopping center located at the intersection of Monument Road and McCormick Road in Jacksonville, FL. Anchors include Publix and Walgreens, with cotenants including Starbucks, Curves and The UPS Store. Colliers Arnold Commercial Real Estate Services (813-221-2290) closed the following lease transactions: representing the tenant, Einstein Bros. Bagels, for 2,662 sq.ft. at the intersection of U.S. Highway 19 North and East Bay Drive in Tampa, FL; representing the landlord, PMAT Rockledge, LLC, with a 4,520 sq.ft. lease to Rainbow USA, Inc. at Rockledge Square, located on South U.S. Highway 1 in Rockledge, FL. New England Retail Properties, Inc. (860-529-9000) represented the landlord, North Central Square, LLC, with a land lease to Buffalo Wild Wings Grill & Bar at a 99,000 sq.ft. center located on Poquonock Avenue in Windsor, CT. Price Chopper Supermarket anchors the center. Northeast Retail Leasing & Management Co., LLC represented the lessee, ODG-Windsor, LLC. Milbrook Properties, Ltd. (516-869-1240)
completed a 10-year lease for 1,124 sq.ft. with Verizon Zoom Wireless
at a
shopping center located in Lake Ronkonkoma, NY. The lease includes the
option to Breslin Realty, Inc. (516-741-7400) completed a $1.4 million lease between Sun Enterprises, LLC and Arby’s Restaurant, which will tenant space on Old Country Road in Westbury, NY. The company also completed a $1 million lease between Kimco Realty Corp. and Tropical Smoothie Café, which will tenant space on Middle Country Road in Centereach, NY. |