CENTERS WITH LEASE SPACE AVAILABLE
This column is devoted to existing centers of all sizes that have vacancies and are seeking new tenants. Information includes specifics of each project, including such details as when the center opened, annual sales, and types of retailers being sought.
Sample listings from a recent issue are shown.
CALIFORNIA
Hollywood: 640,000 sq. ft. Hollywood & Highland at Hollywood Blvd and Highland Ave adjacent to Grauman’s Chinese Theater in Los Angeles County (See SCD, P. H655); new owners; retail and entertainment center features more than 387,000 sq. ft. of national, regional and local retailers, restaurants, nightclubs, a six-screen movie theater complex; in addition, Ballroom by Wolfgang Puck, Kodak Theatre 180,000 sq. ft. and 65,000 sq. ft. of indoor and outdoor banquet facilities; opened ‘01; developer CIM Group (Shaul Kuba), 6922 Hollywood Blvd, Ste. 900, Los Angeles, CA 90028-6129, (323) 860-4900.
COLORADO
Pueblo: 575,000 sq. ft. Pueblo Mall on 56 acres at I-25 and Hwy 40 in Pueblo County (See SCD, P. H238); new owners plan to elevate the malls merchandise mix and customer amenties with national and regional tenants; existing anchors Dillard’s, JCPenney, Mervyn’s, Sears; 75 stores; parking 3169 cars; opened ‘76; developer join venture GEM Investors, 900 N Michigan, Ste. 1450, Chicago, IL 60611, (312) 915-3520 and North Shore Properties Investors, LLC, 5 Revere Dr, Ste. 350, Northbrook, IL 60062, (847) 564-3424; leasing Urban Retail Properties Co (Ross B. Glickman), 900 N Michigan Ave, Chicago, IL 60611-1582, (312) 915-3326.
INDIANA
Clarksville: 153,882 sq. ft. Clark Station on 13 acres at Lewis & Clark Pkwy and Eastern Blvd in Clark County; major renovation and expansion just completed; 23,277 sq. ft. available, can divide to 6000 sq. ft.; newest anchors Kroger 63,425 sq. ft. and A.J. Wright 25,000 sq. ft. join Feeders Supply 12,029 sq. ft.; 12 stores include Blockbuster, Papa Johns, Stockyards Bank, Porter Paint; parking 730 cars; opened ‘65; developer Dancor, LLC (Dan Huneke), 4938 Brownsboro Rd, Ste. 204, Louisville, KY 40222, (502) 339-0903.
MARYLAND
Ocean City: 186,000 sq. ft. White Marlin Mall at US Hwy 50 and MD Rt 611; newest signed tenants a freestanding The Palace of the Emerald Coast beachwear and accessory retailer 24,500 sq. ft. and Dollar Days Party Zone 5300 sq. ft.; 98% leased; anchors Marshalls, Staples and a five-screen Fox Theatres; opened ‘87; developer Greenberg Commercial (J. Paul Mitchell), 10096 Red Run Blvd Ste 100, Owings Mills, MD 21117, (410) 559-2507.
Salisbury: 97,000 sq. ft. Fruitland Plaza community shopping center at US 13 (across from Wal-Mart Supercenter) in Wicomico County; new leasing and management company; 70% leased; 30,000 sq. ft. available; anchors Food Lion and Diamond Furniture; tenants include Dollar General, Curves, and Power Kicks Karate; opened ‘72; last renovated in ’99; management/leasing JBG Rosenfeld Retail (Grant Ehat), 7101 Wisconsin Ave, Ste. 1111, Bethesda, MD 20814, (301) 657-0700.
VERMONT
Brattleboro: Brattleboro North Shopping Center at Rts 5 and 9, just E of I-91 in Winham County; newest tenant Home Depot 100,000 sq. ft. joins Hannaford Supermarket, GNC, Hallmark, Rite Aid and other retailers and restaurants; population 32,000 within 10 miles; average household income $53,000; developer National Realty & Development Corp (John Orrico), 3 Manhattanville Rd, Purchase, NY 10577-2117, (914) 694-4444.
VIRGINIA
Dulles: 1.4 million sq. ft. Dulles Town Center on 154 acres at Rts 28 and 7 in Loudoun County (See SCD, P. H354); new leasing partnership; anchors Nordstrom 144,000 sq. ft., Hecht’s, JCPenney, Sears, Lord & Taylor, H&M; 130+ stores; parking 6820 cars; opened ‘99; population 408,707; average household income $101,788; developer joint venture Cigna Realty Investors and Lerner Enterprises (Meg Pechilio), 11501 Huff Court, North Bethesda, MD 20895-1094, (301) 984-1500; leasing joint venture Lerner Enterprises dba Lerner Corp and General Growth Properties, 110 N Wacker Dr, Chicago, IL 60606-1116, (312) 960-5000.