|
New Construction
|
|
|
New Construction Kahn Development Co. is developing Sandhill Station, located at the intersection of Two Notch Road and Fashion Drive in Columbia, SC. Area retail includes Bi-Lo, Regal Cinemas, Belk, Books-A-Million, Cost Plus World Market, Ulta, Rooms To Go, Ashley Furniture, hhgregg, Sofa Express, JCPenney, Home Depot, T.J. Maxx, Old Navy and Plex Indoor Sports. Demographics include a population of 74,569 within a five-mile radius earning an average household income of $95,607. The company is also preleasing phase two of Wake Forest Crossing, located along U.S. Highway 1/Capital Boulevard in Wake Forest, NC. Anchor, junior anchor and shop spaces are available along with outlots ranging from 1.25 acres to two acres in size. The center is anchored by Lowe’s Foods and cotenants include Dollar Tree, CiCi’s Pizza, Hair Cuttery and Quiznos. Demographics include a population of 48,243 within a five-mile radius earning an average household income of $93,200. For more information, contact Kahn Development Co., 101
Flintlake Road,Columbia, SC 29202; 803-744-0000; PlazaCorp Realty Advisors, Inc. is developing a 49,100 sq.ft. strip center situated on 3.65 acres in Mulberry, FL. The center is shadow-anchored by Wal*Mart Supercenter. Spaces from 1,400 sq.ft. are available. Construction is scheduled to begin during the summer of 2008. The company is also developing Broadway Plaza, a 14,000 sq.ft. strip center situated on one acre along Highway 131 in Three Rivers, MI. The center is shadow-anchored by Home Depot and area retail includes Meijer, Peebles, Dunham’s, Big Lots and Wal*Mart. Spaces of 1,400 sq.ft. to 14,000 sq.ft. are available. The average daily traffic count is 20,000 vehicles. The company is also developing Crawfordville Center, a 26,700 sq.ft. center situated on 3.77 acres in Crawfordville, FL. Spaces from 1,400 sq.ft. are available. The center is shadow-anchored by Wal*Mart Supercenter. Opening is slated for the spring of 2008. For more information, contact Jon Faison is preleasing Brandywine Crossing, a
730,000 sq.ft. shopping center located at the intersection of U.S. Route 301/MD
Route 5 and Chadds Ford Drive/Matapeake Drive in Brandywine, MD. Phase one is
slated to open during fall 2008 and phase two, which will include a movie
theater and junior anchors, is slated to open during spring 2009. Costco,
Target and Safeway anchor the center. Area demographics include a
population of 122,085 within seven miles earning $76,662 as average household
income. The average daily traffic count is 90,000 vehicles. Area retail includes
Waldorf Marketplace and St. Charles Town Center. The company is
also preleasing Clemson Corner, a 370,000 sq.ft. center situated on 38
acres at the intersection of U.S. Route 15, MD Route 26 and MD Route 355 in
Frederick, MD. Opening is slated for fall 2008. Wegmans and Lowe’s
Home Improvement anchor the center, with cotenants including Wachovia.
Area demographics include a population of 128,847 within seven miles earning
$66,941 as the average household income. The average daily traffic count is
70,000 vehicles. In addition, the company is preleasing Mill Creek Square,
a 275,000 sq.ft. community center situated on 35 acres at the intersection of
U.S. 30 and PA Route 896 in Lancaster, PA. Opening is slated for 2009. Bed
Bath & Beyond and Christmas Tree Shops anchor the center. Area
demographics include a population of 137,566 within seven miles earning $46,805
as the average household income. The average daily traffic count of 41,000
vehicles. The company is also preleasing Rosewick Crossing, a 261,000
sq.ft. community center situated on 37 acres at the intersection of U.S. Route
301 and Rosewick Road in La Plata, MD. There is 50,000 sq.ft. available. Opening
is slated for summer 2008. Giant Food and Lowe’s Home Improvement anchor
the center, with cotenants including Wachovia. Area demographics include a
population of 81,208 within seven miles earning $72,713 as the average household
income. The average daily traffic count of 42,000 vehicles. For more information, contact GVA Advantis is preleasing The Marketplace at Harbour View, a 300,000 sq.ft. center located at the intersection of Harbour View Boulevard and Town Point Road in Suffolk, VA. The center is anchored by Harris Teeter. Opening is slated for the second quarter of 2009. For more information, contact Sharon Ryals-Taylor, J.C. Wynkoop, Kevin O’Keefe or Natalie Hucke, GVA Advantis, 101 West Main Street, Suite 900, Norfolk, VA 23510; 757-627-0661. CB Richard Ellis is preleasing Skyview at Carriage
City Plaza, a mixed-use center with a 22,000 sq.ft. retail component located
at the intersection of East Milton Street and Irving Street in Rahway, NJ.
Spaces of 5,800 sq.ft.; 6,650 sq.ft. and 8,500 sq.ft. are available. Area
demographics include a population of 365,000 within a five-mile radius earning
an average household income of $81,000. The center is scheduled to open during
For more information, contact Jason Pierson, CB Richard
Ellis, 2 Tower Center Boulevard, 20th Floor, East Brunswick, NJ
08816; 732-509-8926; Timberstone Group, Inc. is preleasing Crossroads Commons, a 137,850 sq.ft. center situated on 29.85 acres at the intersection of South Carolina Highway 21 and Gold Hill Road in Fort Mill, SC. Anchor, junior anchor and shop spaces are available along with eight outlots ranging from one acre to 1.65 acres. Area demographics include a population of 68,496 within a five-mile radius earning a median household income of $60,167. The average daily traffic count is 30,000 vehicles. The asking rent ranges from $15 psf NNN to $25 psf NNN. For more information, contact Timberstone Group, Inc., 1630
Timberwolf Drive, Holland, OH 43528; 419-837-6200; WP Realty is developing a 400,000 sq.ft. addition to Valmont Plaza, a 200,164 sq.ft. center located along State Route 93/Susquehanna Boulevard in Hazelton, PA. Construction is slated to begin during the spring of 2008 with an opening scheduled for the fourth quarter of that year. For more information, contact WP Realty, 940 Haverford Road,
Bryn Mawr, PA 19010; 610-552-6000, Fax 610-552-6001; Dapper Development is preleasing a 110,000 sq.ft. lifestyle center located along Rainbow Boulevard in Las Vegas, NV. Spaces of 1,200 sq.ft. to 30,000 sq.ft. are available. The average daily traffic count is 26,300 vehicles. The asking monthly rent ranges from $2.50 psf NNN to $3.50 psf NNN with CAM of $0.38 psf. Opening is slated for the second quarter of 2008. For more information, contact Joe Plante, Dapper Development;
702-994-0954; ROC/Suburban and Suburban Real Estate Services, Inc. is preleasing One Naperville Plaza, a 9,029 sq.ft. center situated on 1.095 acres at the intersection of Naper Boulevard, Diehl Road and Interstate 88 in Naperville, IL. Spaces of 1,800 sq.ft. to 9,029 sq.ft. are available. The average daily traffic count is 64,500 vehicles. Opening is slated for the fall of 2008. For more information, contact Bryan Barus, ROC/Suburban and
Suburban Real Estate Services, Inc., 4300 Commerce Court, Suite 200, Lisle, IL
60532; 630-778-1800 Ext. 111, Fax 630-778-8080; Network Commercial Real Estate, LLC is preleasing Drauden Point Retail Center, a 49,430 sq.ft. center located at the intersection of Drauden Road and Caton Farm Road in Joliet, IL. Spaces of 1,200 sq.ft. to 31,030 sq.ft. are available along with a 5,500 sq.ft. outlot. Area demographics include a population of 86,052 within a five-mile radius earning an average household income of $83,904. The asking rent ranges from $23 psf to $30 psf with CAM of $2 psf and taxes of $3 psf. Opening is scheduled for the third quarter of 2008. The company is also preleasing Lincolnway Creekside Crossing, a 67,000 sq.ft. mixed-use center located at the intersection of U.S. Route 30/Lincoln Highway and Anderson Road in New Lenox, IL. Spaces of 1,200 sq.ft. to 28,319 sq.ft. are available along with a 1.48-acre outlot. The center is anchored by Dunkin’ Donuts and Brown’s Chicken. Area demographics include a population of 83,559 within a five-mile radius earning an average household income of $94,778. The average daily traffic count is 34,000 vehicles. The asking rent ranges from $24 psf to $26 psf with CAM of $2 psf and taxes of $3 psf. Opening is slated for 2009. The company is also preleasing Southmoor Commons, a 65,000 sq.ft. strip center located at the intersection of 131st Street and Route 45/LaGrange Road in Orland Park, IL. The center has two spaces of 1,100 sq.ft.; four spaces of 1,240 and two spaces of 2,199 sq.ft. available and is anchored by Aldi and Chase Bank. Area retail includes Jewel, Walgreens and Oberweiss. Area demographics include a population of 149,763 within a five-mile radius earning an average household income of $93,668. The average daily traffic count is 75,000 vehicles. The asking rent ranges from $22 psf to $30 psf with CAM of $2 psf and taxes of $6 psf. Opening is slated for the second quarter of 2008. For more information, contact Tammy Dertz or Rose Gillece,
Network Commercial Real Estate, LLC, 7820 Graphics Drive, Suite 105, Tinley
Park, IL 60477; 708-873-5540, Fax 708-873-0157; TCB Development is developing Crete Marketplace, a 500,000 sq.ft. center situated on 100 acres at the intersection of IL 394, Steger Road and Richton Road in Crete, IL. Kohl’s anchors the center. Opening is slated for fall 2008. For more information, contact TCB Development, 8200 West 185th Street, Suite F, Tinley Park, IL 60477; 708-633-4622, Fax 708-633-4625. Jones Lang LaSalle is preleasing Whitworth Farms, a 112,622 sq.ft. center located at the intersection of Hagen Ranch Road and Flavor Pict Road in Boynton Beach, FL. The center is anchored by Publix and cotenants include Kampai Japanese Restaurant, Sal’s Italian Restaurant and Commerce Bank. Area demographics include a population of 142,504 within a five-mile radius earning an average household income of $66,938. The average daily traffic count is 34,300 vehicles. The company is also developing Groveland Commons, a grocery-anchored center located at the intersection of Obrien Road and U.S. Highway 27 in Groveland, FL. Area demographics include a population of 14,906 within a five-mile radius earning an average household income of $58,635. The average daily traffic count is 19,000 vehicles. The company is also preleasing Osceola Village, a 116,735 sq.ft. center located at the intersection of Dyer Boulevard and Osceola Parkway in Kissimmee, FL. The center is anchored by hhgregg and Publix. Shop space and outlots are available. Area retail includes Kohl’s, Bed Bath & Beyond, The Sports Authority, Ross Dress for Less, Petco, Michaels, Chili’s, Macaroni Grill, Famous Footwear, Regal Cinemas, Ashley Furniture, Mimi’s Café, Logans Roadhouse, BJ’s Wholesale Club, Lowe’s Home Improvement and a planned Best Buy. Area demographics include a population of 142,699 within a five-mile radius earning an average household income of $54,111. The average daily traffic count is 43,500 vehicles. For more information regarding Whitworth Farms, contact Karen
Sanzo, Jones Lang LaSalle, 100 East Sybelia Avenue, Suite 160, Maitland, FL
32751; 800-982-6339; For more information regarding Groveland Commons and Osceloa
Village, contact Brigette Johnson; MacKenzie Commercial Real Estate Services, LLC is preleasing Red Apple, a 163,000 sq.ft. strip center located at the intersection of Route 50 and Piney Creek Road in Chester, MD. Spaces of 1,800 sq.ft.; 3,000 sq.ft.; 4,000 sq.ft. and 6,500 sq.ft. are available. The center is anchored by West Marine, PNC and Zips Drycleaners. Area retail includes Kmart, Safeway, CVS and Cracker Barrel. Opening is slated for spring of 2008. Area demographics include a population of 17,498 within a five-mile radius earning an average household income of $80,035. The average daily traffic count is 70,000 vehicles. For more information, contact MacKenzie Commercial Real Estate Services, LLC; 2328 West Joppa Road, Suite 200, Lutherville, MD 21093; 410-821-8585, Fax 410-296-7506. Trachman Indevco, LLC is developing Citrus Crossing, a 23-acre mixed-use project located at the intersection of Citrus Avenue and Alosta Avenue in Azusa, CA. Shop space and a pad site are available in the center, which will include a 175,000 sq.ft. retail component along with a residential component. Cotenants include Ross Dress for Less, CVS, 99 Cents Only, Kragen Auto, Tesco’s Fresh & Easy, Panda Express, Starbucks, Jamba Juice and a 10-screen Regency Theatres. For more information, contact Andrew Trachman or Emmitt
Albergotti, Trachman Indevco, LLC, 1801 Century Park East, Suite 1040, Los
Angeles, CA 90067; 310-789-3888 Ext. 222/238, Fax 310-789-3889; Main Street Property Services, Inc. is preleasing The Riverfront, a mixed-use project with a 44,000 sq.ft. retail component located at the intersection of Main Street and Third Street in Napa, CA. Opening is slated for the fall of 2008. The company is also preleasing Cinema Place, located at the intersection of Theatre Alley and B Street in Hayward, CA. A 12-screen Century Theatres anchors the center. Spaces from 1,058 sq.ft. to 2,742 sq.ft. are available for specialty retailers and restaurants. Opening is slated for fall 2008. Trade-area demographics include a population of 370,293 earning $82,224 as the average household income. Nearby draws include Hayward at Chabot and Cal State East Bay. For more information regarding The Riverfront, contact Main
Street Property Services, Inc., 985 Moraga Road, Suite 202, Lafayette, CA 94549;
925-299-8170, Fax 925-284-2331. For more information regarding Cinema Place,
contact Craig Semmelmeyer or Melissa Tabique, Main Street Property Services,
Inc., 985 Moraga Road, Suite 202, Lafayette, CA 94549; 925-299-8170, Fax
925-284-2331; Denenberg Realty is preleasing a 44,000 sq.ft. strip center situated on five acres at the intersection of Route 7/Danbury Road and Sunny Valley Road in New Milford, CT. Groundbreaking is slated for next spring. Trade-area demographics include a population of 129,378 earning an average household income of $93,442. The average daily traffic count is 30,000 vehicles. For more information, contact David Hubbard, Denenberg
Realty, PO Box 2369, New Preston, CT 06777; 203-770-2234; Michael Collard Properties is preleasing Saxon Crossings, a 350,000 sq.ft. retail/office project located in Orange, FL. Lowe’s Home Improvement, Target and L.A. Fitness anchor the center, which has outparcels and inline spaces available. Construction is slated to begin next year. For more information, contact Ryan Rich, Michael Collard
Properties; 407-599-4444; The Clover Co. is preleasing Town Center, a 110,000 sq.ft. lifestyle center at the intersection of Foothill Boulevard and Angeles Crest Highway in La Canada Flintridge, CA. Sport Chalet will anchor the center, which is slated to open during summer 2008. The average daily traffic count is 41,296 vehicles. Area demographics include a population of 274,012 within five miles earning $91,734 as the average household income. For more information, contact Anthony Mansour or Patrick
Gilhooly, The Clover Co., 8675 Washington Boulevard, Suite 201, Culver City, CA
90232; 310-815-8611, Fax 310-815-8612; Powers & Co. is preleasing West Meadow Plaza, located along Route 135/Milk Street in Westborough, MA. A 3,861 sq.ft. bank pad site with drive-thru is available. The center is anchored by Furniture Warehouse, T.J. Maxx and Mills Store. Cotenants include TaeKwonDo, Jazzercise, Lincoln Liquors, Ocean State Job Lot, Dunkin’ Donuts, Julies Nails, JP’s Restaurant, Indian Boutique, Cut’s, Papa Ginos, Perfect Image, Stride Rite, H&R Block, Balloons All Over and Curves. Area demographics include a population of 64,413 within a five-mile radius earning an average household income of $118,074. The average daily traffic count is 70,000 vehicles. The center is slated to open during January. The company is also developing Jackson Square, a 12-acre mixed-use project with a 60,000 sq.ft. retail component located at the intersection of Centre Street and Columbus Avenue in Boston, MA. Area demographics include a population of 421,592 within a three-mile radius earning an average household income of $70,433. For more information regarding West Meadow Plaza, contact Leslie Cotter or Mary Powers, Powers & Co., PO Box 435, Lynnfield, MA 01940; 781-883-8464 or 781-334-4661. For more information regarding Jackson Square, contact Mary Powers. Beitler is preleasing a development located at the intersection of Alondra Boulevard and Wilmington Avenue in Compton, CA. A 14,000 sq.ft. freestanding anchor space and a 3,600 sq.ft. restaurant pad site are available. Area demographics include a population of 237,841 within a three-mile radius earning a median household income of $41,272. The average daily traffic count is 45,794 vehicles. The asking monthly rent for the pad site is $4 psf and $2.50 psf for the anchor space. The development is scheduled to open during the second quarter of 2008. For more information, contact Mark Loo or Robert Chaikin, Beitler, 10918 Le Conte Avenue, Los Angeles, CA 90024; 310-208-7411 Ext. 204/201, Fax 310-208-7953. Terranova Corp. is preleasing Hammock Plaza, a 42,861 sq.ft. shopping center located at the intersection of 117th Street and 147th Avenue in Miami, FL. Opening is slated for the fourth quarter. Area demographics include a population of 339,419 within five miles earning $69,582 as the median household income. For more information, contact Terranova Corp., 801 Arthur Godfrey Road, Suite 600, Miami Beach, FL 33140; 305-695-8700, Fax 305-672-7800. |