FALL, 2003
PRESIDENT'S
MESSAGE
As the retail environment strengthens, many of our
clients have reported positive comp. sales. Plans for expansion in both
2004 and 2005 have solidified and, in several instances, have gotten more
aggressive. The addition of our new Atlanta office brings the number of
regional offices to ten along with our headquarters in Pearl River, New
York. We continue to be actively involved with a large variety of public
and private companies in all regions of the country. We represent many
companies on a national basis but are also available for regional
assignments. We have participated in several ICSC conferences throughout
the year and will have a booth at the New York ICSC Conference from
December 8th to December 10th. Please stop by our booth, or call in
advance for an appointment.
Dan Katz
President & CEO
DanKatz@dkatz.com
(845) 735-6666 Ext. 201
Dan Katz
President & CEO
DanKatz@dkatz.com
(845) 735-6666 Ext. 201
58 NEW STORES IN 2003
Linens ‘N Things, exclusively represented in North
America by Katz & Associates, is slated to open fifty eight stores in
2003 throughout the United States and Canada. Stores are located in
numerous types of retail venues including power strip centers, lifestyle
centers, malls and free-standing sites.
Stores range in size from 25,000 sf to 56,000 sf and average approximately 31,000 sf. Openings in 2003 are widely dispersed across North America with 14 in the East, 13 in the Southeast, 15 in the Midwest and 13 in the West along with 3 new Canadian stores. “Linens ‘N Things continues to aggressively expand in upscale trade areas in major metropolitan areas as well as select single store markets,” according to Daniel J. Mitchell, Senior Vice President of Katz & Associates.
Stores range in size from 25,000 sf to 56,000 sf and average approximately 31,000 sf. Openings in 2003 are widely dispersed across North America with 14 in the East, 13 in the Southeast, 15 in the Midwest and 13 in the West along with 3 new Canadian stores. “Linens ‘N Things continues to aggressively expand in upscale trade areas in major metropolitan areas as well as select single store markets,” according to Daniel J. Mitchell, Senior Vice President of Katz & Associates.
Katz & Associates is pleased to announce that it
has secured the exclusive right to represent Houlihan’s Restaurant Group
throughout the US (except Kansas City) for their company restaurants.
Houlihan’s currently operates 33 company restaurants and 49 franchised
locations throughout the Midwest and Eastern US.
Houlihan’s is credited with being the originator of the very popular and highly imitated casual dining and theme restaurant concept. Though there have been many look alikes since their first restaurant opened in 1972, Houlihans’s has maintained its high standards for a lifestyle oriented customer experience at affordable prices.
Two main concepts for expansion will be Houlihan’s (5,600 square foot) casual dining and the Bristol (5,500-7,000 square foot) seafood concept. Houlihan’s four targeted markets for initial expansion are in Chicago, Philadelphia, Atlanta and Florida. Typical sites will require approximately 1.5 acres with parking for about 125 cars (code dependant). Site selection criteria includes a significant white-collar daytime employment base, strong upper income residential base, with high visibility locations on the pad of upscale power strips and regional malls.
Houlihan’s is credited with being the originator of the very popular and highly imitated casual dining and theme restaurant concept. Though there have been many look alikes since their first restaurant opened in 1972, Houlihans’s has maintained its high standards for a lifestyle oriented customer experience at affordable prices.
Two main concepts for expansion will be Houlihan’s (5,600 square foot) casual dining and the Bristol (5,500-7,000 square foot) seafood concept. Houlihan’s four targeted markets for initial expansion are in Chicago, Philadelphia, Atlanta and Florida. Typical sites will require approximately 1.5 acres with parking for about 125 cars (code dependant). Site selection criteria includes a significant white-collar daytime employment base, strong upper income residential base, with high visibility locations on the pad of upscale power strips and regional malls.
Loehmann’s, a leading national off price specialty retailer, is excited to announce the opening of its newest store in the metro Boston area in Sherwood Plaza in Natick. The 30,000 square foot store is the fourth new store added in 2003. Loehmann’s opened stores in East Hanover, NJ; Troy, MI; and Chevy Chase, MD earlier in the year.
Loehmann’s currently operates 47 stores and one shoe store in 17 states. Loehmann’s has signed leases for full-line stores in Northbrook, IL (its third suburban Chicago location) and Pasadena, CA. In addition, Loehmann’s will open two shoe concept stores in White Plains, NY and Paramus, NJ. All are scheduled to open during 2004.
In recent years, Loehmann's has expanded its offerings to include
shoes, accessories, juniors, men’s, fragrances and intimate apparel.
Loehmann’s caters to customers with a high median income in major
metropolitan markets. Stores are typically sized at 25,000 sf, with
flagship stores in Beverly Hills, San Francisco, and Manhattan, ranging
from 40,000 to 60,000 square feet.
Loehmann’s plans are to continue
opening three to four 25,000 sf stores per year.
World Market is excited to announce the openings of
their first two stores in FL, both in the Jacksonville MSA. One is a
17,000 sf store located at Marsh Landing in Ponte Vedra and the other an
18,000 sf store across from the adjacent Super Target/Home Depot in the
Orange Park Mall area. In addition to these stores they have signed a
lease for a store next to Cordova Mall in Pensacola, FL and currently have
4 other leases in house for various other Central, Western and Northern
Florida sites.
World Market continues their growth in the Louisiana market with the announcement of two additional signed leases. The first is a 18,300 sf store that is located at the new River Marketplace Center in Lafayette, LA, which is located at the corner of Ambassador Caffery Pkwy and Kaliste Saloom Rd. The other 18,300 sf store will be located in the soon to be opened Sterling 21/12 Centre in Covington, LA. World Market is preparing for an early 2004 opening for both stores. These stores will bring the total World Markets in LA to five, which includes one in Baton Rouge and two in New Orleans.
World Market continues their growth in the Louisiana market with the announcement of two additional signed leases. The first is a 18,300 sf store that is located at the new River Marketplace Center in Lafayette, LA, which is located at the corner of Ambassador Caffery Pkwy and Kaliste Saloom Rd. The other 18,300 sf store will be located in the soon to be opened Sterling 21/12 Centre in Covington, LA. World Market is preparing for an early 2004 opening for both stores. These stores will bring the total World Markets in LA to five, which includes one in Baton Rouge and two in New Orleans.
Galyan’s, the country’s leading sports and outdoor
adventure retailer, has opened its first two stores in the New York/New
Jersey market.
The Indianapolis company grand opened its entry into the Garden State at Woodbridge Center Mall on September 16th. Company executives, governmental officials and local residents enjoyed the black-tie and sneaker reception held at the 100,000 square foot prototype. Galyan’s is the regional mall’s fifth anchor, conveniently located between Macy’s and Fortunoff.
Galyan’s October 16th opening at Roosevelt Field Mall in Garden City, NY positions the company in one of the top ten super-regional trade areas nationwide. The 108,000 square foot store is in a portion of the former Stern’s, having direct access to the 2,000,000 square foot enclosed mall. Co-anchors include Macy’s, Bloomingdale’s and Nordstrom. The location benefits from Long Island’s active lifestyle, its position facing Old Country Road and abundant parking. “These two new stores represent a significant foothold in the most dynamic retail market in the country,” remarks Kurt Schneider, Senior Vice President, Northeast Region.
Galyan’s is committed to opening additional locations throughout the New York Metropolitan area, including a proposed store in Freehold, NJ in 2004. In 2003, Galyan’s has already opened in Richmond, VA; Cleveland, OH; Omaha, NE; Greenwood, IN; Peoria, IL and two stores in Chicago through their nationwide exclusive with Katz & Associates.
The Indianapolis company grand opened its entry into the Garden State at Woodbridge Center Mall on September 16th. Company executives, governmental officials and local residents enjoyed the black-tie and sneaker reception held at the 100,000 square foot prototype. Galyan’s is the regional mall’s fifth anchor, conveniently located between Macy’s and Fortunoff.
Galyan’s October 16th opening at Roosevelt Field Mall in Garden City, NY positions the company in one of the top ten super-regional trade areas nationwide. The 108,000 square foot store is in a portion of the former Stern’s, having direct access to the 2,000,000 square foot enclosed mall. Co-anchors include Macy’s, Bloomingdale’s and Nordstrom. The location benefits from Long Island’s active lifestyle, its position facing Old Country Road and abundant parking. “These two new stores represent a significant foothold in the most dynamic retail market in the country,” remarks Kurt Schneider, Senior Vice President, Northeast Region.
Galyan’s is committed to opening additional locations throughout the New York Metropolitan area, including a proposed store in Freehold, NJ in 2004. In 2003, Galyan’s has already opened in Richmond, VA; Cleveland, OH; Omaha, NE; Greenwood, IN; Peoria, IL and two stores in Chicago through their nationwide exclusive with Katz & Associates.
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Jos. A. Bank Clothiers, Inc. and Katz and
Associates are pleased to have already opened three stores
throughout Florida (Gainesville, Winter Park, Pensacola) and are now
proud to announce the November openings of two additional stores:
one located in Ponte Vedra, Florida and another in Destin, Florida.
In addition, there are four executed leases for 2004 openings in Ft.
Lauderdale, FL; Ormond Beach, FL; Daphney, AL; and Birmingham, AL;
with more in progress. Katz and Associates and Jos. A. Bank continue
to seek additional sites and welcome opportunities in open-air
lifestyle centers, regional malls - spaces with inside and outside
entrances, and downtown street front locations. Preferred co-tenants
include upscale fashion, specialty home furnishings, national
bookstores and white tablecloth restaurants. |
Carter’s, the nation’s leading marketer of premium infant and children’s apparel, has recently gone public as Carter’s Inc. In 2003, they opened new stores in the following areas:
Additional stores in Chicago and Philadelphia are
planned to open by year-end.
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A new concept created by Group USA, Camille La
Vie is an apparel store that caters to women and specializes in top
quality/reasonably priced career wear, sportswear and eveningwear.
New stores include Stephanie Street Shopping Center, Henderson NV,
Forum on Peachstreet Parkway, Norcross (Atlanta suburb) GA, Winter
Park Town Center, Orlando FL, The Shops of Briargate Mall, Colorado
Springs, CO; Montgomery Shopping Mall, Bethesda MD, Parkway Place,
Huntsville AL; West County Mall, Saint Louis MO. Additional stores will soon open in November at the Chesterfield Mall, Chesterfield, MO (9,500 sq. ft.) and in December at the Aspen Grove Lifestyle Center, Littleton, CO (11,000 sq. ft.). |
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“I’m delighted to announce that we’ve added
additional staff and opened a new office to support our rapid
growth,” states Daniel B. Katz, President and CEO. Leslie Collins has joined our Southeast Region in Marietta, GA as Director of Real Estate. “Leslie brings strong retail tenant representation skills to our group along with her marketing and leasing expertise. Leslie’s knowledge of the Southeastern market fits perfectly with our expanding representation in the region,” notes Kevin Higgin’s, Senior Vice President, Southeast Region. |
Leslie Collins |
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