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Prominent Players
RKF Will Lease New Roc City
New Roc Associates and Cappelli Enterprises Inc., developers of New Roc City, appointed Robert K. Futterman & Associates
(RKF) of New York as the exclusive commercial real estate broker for the 1.2-million-sq.ft. family entertainment, re-tail and mixed-use development complex located in downtown New Rochelle, New York. The RKF marketing and leasing team will consist of Robert K.
Futterman, president, and managing directors Jeff Lagowitz and Lou Novick.
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Robert K. Futterman |
Jeff Lagowitz |
Lou Novick |
Located off Exit 16 of the New England Thruway (I-95), New Roc City is built on the former Macys and New Rochelle Mall site. It is designed to encourage pedestrian traffic along tree-lined streets and promenades, and a multimillion-dollar capital improvements program is underway to beautify the area and to create a visual gateway linking vehicular traffic from I-95 to the downtown retail district. Modells Sporting Goods recently signed a long-term lease for a 18,000-sq.ft. retail facility. The tenant mix includes: a Regal Cinemas 18-screen megaplex theater and the Westchester areas only IMAX theater; Sports Plus; Bally Total Fitness; Applebees; Chevys Fresh-Mex; Authentic CafE ice cream parlor; the Huguenot Tower attraction; Super Stop and Shop; a 120-room Marriott Residence Inn; and structured parking for 2,300 cars.
Currently, 71,000 sq.ft. of space is available at New Roc City. We are looking for retailers that will complement the family theme of this project, says New Roc City Executive Director for Real Estate Jeffery Castaldo of Cappelli Enterprises. New Roc City is not a typical retail mall. Now that weve opened and the retailers can see physically what the project is about, the level of interest among prospective tenants has sharply increased.
The managing partners of New Roc Associates are Louis R. Cappelli of Cappelli Enterprises Inc., Robert M. Greene, president of Center Services Inc., and Kenneth Narva, president of PEG/Park Architects LLC.
For more information: Robert K. Futterman, Jeff Lagowitz or Lou Novick, Robert K. Futterman & Associates, 140 E. 45th Street, New York, NY 10017; 212-599-3700.
TGA Designs Hawaii Megaplex
Don Gottfeld |
Glendale, California-based Tanizaki Gottfeld Architects, Inc.
(TGA) will design and oversee the construction of the new megaplex/entertainment component at the Victoria Ward Centers entertainment and retail development in the Kakaako district of Honolulu, Hawaii. Pacific Theatres flagship 16-screen Consolidated Amusement
Megaplex, the largest theater in Hawaii, will begin construction in June 2000 and will include 4,000 seats along with over 120,000
sq.ft. of the latest cinema technology and an interior design theme of Hawaiian Classical. |
The new theater will be the first phase of the overall project, which could encompass 800,000 sq.ft. of retail and entertainment, being developed jointly by Victoria Ward and the Simon Property Group.
TGA also designed a theater megaplex at the Town Center of Mililani, Oahu. The company is a full-service architectural design firm specializing in retail/entertainment projects, with more than 400 screens designed and built by TGA principals and several retail/entertainment projects underway throughout the West Coast area.
For more information: Don D. Gottfeld, AIA, NCARB, partner, Tanizaki Gottfeld Architects, Inc., 601 E. Glenoaks Blvd., Suite 201, Glendale, CA 91207; 818-637-8690.
TZH Retains Madison Retail
Jim Farrell |
Washington, D.C.-based Madison Retail Group will provide leasing services for first-floor retail space in TrizecHahns office portfolio in the Washington, D.C. metropolitan area. Madison will be responsible for the retail leasing of Silver Spring Metro Plaza in Silver Spring, Maryland; Watergate Complex and 2401 Pennsylvania Avenue, NW in Washington, D.C.; and 1560 Wilson Boulevard and 1911 N. Ft. Myer Drive in Arlington, Virginia.
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Jim Farrell, a Madison Retail Group partner, says, These are class A, excellently located office projects that will help us attract retailers to the first-floor space.
Madison Retail Group is affiliated with Madison Marquette Realty Services, a national manager of retail properties. The firms members have represented prominent retailers and developers such as Atlantic Realty, East Banc, CVS/pharmacy, Washington Sports Clubs, Trader Joes, Hollywood Video, Rock Bottom Brewery, McCormick and Schmicks, The Mark Winkler Companies, Carl Freeman Associates, Manulife Financial and Panera Breads.
For information, contact Jim Farrell, Madison Retail Group, 1815 Pennsylvania Avenue, NW, 8th Floor, Washington, D.C. 20006; 202-730-2008.
MBH Names Senior Associates
Elizabeth Cera, Ilana Griswold, Rebecca Ross-Daniels, Rick Nelson, Daniel Lam, Michael Lee and Bruce Greenfield have all been appointed to senior associates at Alameda, California-based, MBH Architects.
For more information: Elizabeth Cera, senior associate, MBH Architects, 1115 Atlantic Avenue, Suite 101, Alameda, CA 94501; 510-865-8663.
Scott Heads San Diego Office
William Scott |
William Bill Scott, Jr. will spearhead the San Diego, California office of Catellus Development Corporation as senior vice president, San Diego development. Scott will be responsible for the Catellus Real Estate Mixed-Use Group efforts in the region, including overall responsibility for the San Diego office and day-to-day management and development of the 17-acre Santa Fe Depot in downtown San Diego. The property is fully entitled for more than three million
sq.ft. of mixed-use development including office, residential, hotel and retail facilities. |
Catellus large portfolio of developable land in the Western United States is capable of supporting more than 49 million sq.ft. of new commercial development and an estimated 17,800 residential units. The companys portfolio includes 21.4 million sq.ft. of rental buildings, approximately 11,400 acres of land leases, interests in a variety of operating joint ventures, and approximately 782,000 acres of desert and agricultural land. We have growing confidence in the San Diego market, said Douglas Gardner, president of Catellus Development Corporations Mixed Use Group. We will continue to add to our team to reflect that confidence.
Scotts experience in the region market includes serving as executive vice president and chief operating officer for the Douglas Allred Company. In his 18 years with the company, Scott was instrumental in the development of 14 commercial and residential projects valued in excess of $415 million. Most recently, Scott served as the managing member for Eagle Development LLC, a fee developer and acquirer of income-producing properties.
For more information, contact William Scott, senior vice president, Catellus Development Corporation, 1262 Kettner Boulevard, San Diego, CA 92102; 619-231-3602; Web site:
www.catellus.com
CBRE Leases Desert Ridge
Dave Cheatham |
Dave Cheatham and Darren Pitts of the Phoenix, Arizona office of CB Richard Ellis were awarded the marketing and leasing assignment for The Village at Desert Ridge in the Desert Ridge Marketplace. The Village is the 350,000-sq.ft. retail component of the Marketplace, which is a 110-acre suburban lifestyle entertainment center situated at the northeast corner of the Loop 101 Freeway and Tatum Boulevard in North Phoenix. Both are part of the 5,700-acre master-planned Desert Ridge development. |
The Marketplace, being developed by Vestar Development Company of Phoenix, is scheduled to break ground in early 2000 and is expected to open during summer 2001. The $100-million project is planned as a pedestrian-oriented, open-air environment that combines specialty retailers with entertainment venues, theme-dining establishments and a movie theater.
MCG Architecture of Beverly Hills, California is the project architect and McCarthy Brothers Company of Phoenix is the general contractor. Design elements include New Urbanism architecture, a humanistic style, and a scale that reflects a main street image. Six distinct shopping districts will include Hard Goods, Home Design, Neighbor Convenience, Fashion, Restaurant and Lifestyle/Entertainment.
The marquee attraction of the entertainment promenade will be the AMC Desert Ridge 20 Theater, a 4,000-seat movie emporium with-state-of-the-art amenities. Additionally, Barnes & Noble will open a 25,000-sq.ft. store, anchoring the western side of the Lifestyle/Entertainment District.
For more information, contact Dave Cheatham or Darren Pitts, CB Richard Ellis, 2415 E. Camelback Road, Phoenix, AZ 85016; 602-735-5555.
Espaillat Joins Courtelis Leasing
Jennifer M. Espaillat joined the real estate development and property management firm of Courtelis Company as a leasing representative. Espaillat will be responsible for the leasing of existing shopping centers and Isleworth, a new 265,000-sq.ft. mixed-use lifestyle development in Orlando, Florida. She will also be involved in outparcel sales and build-to-suit development.
Founded in 1963 and headquartered in downtown Miami, Florida, Courtelis Company has developed in excess of 3.5 million sq.ft. of retail properties in Florida, including such shopping centers as The Falls in Kendall and Waterside Shops at Pelican Bay in Naples.
Prior to joining Courtelis Company, Espaillat was director of marketing and management for The Graham Companies in Miami Lakes where she was responsible for the leasing and marketing of the companys retail and flex showroom space as well as corporate marketing, advertising and special events.
For more information, contact Jennifer M. Espaillat, leasing representative, Courtelis Company, 701 Brickell Avenue, Suite 1400, Miami, FL 32714-2800; 305-379-8467.
Sayre Becomes President of Mr. Rags
Robert M. Sayre was named president of Mr. Rags, the wholly owned subdidiary of Claires Stores, Inc. Headquartered in Seattle, Mr. Rags operates 143 mall-based retail stores specializing in urban/skateboard apparel for male teens.
For the last three years, Sayre was vice president, young mens and outlet stores, for Pacific Sunwear of California. Previously, he was with Edison Brothers Stores, Inc. for six years as general merchandise manager for J. Riggings and with Britches of Georgetown for ten years as general merchandise manager.
Claires is a mall-based retailer specializing in jewelry, accessories and apparel. In addition to the Mr. Rags concept, the company operates Claires Accessories, The Icing, and its newly acquired Afterthoughts subsidiary, with more than 3,000 stores in North America, Puerto Rico, Japan, the United Kingdom and continental Europe.
For more information, contact Bonnie Schaefer, vice chairman and executive vice president, Claires Stores, Inc., 954-433-3900.
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