RETAIL RUNWAY

We stopped by the International Council of Shopping Centers (or ICSC, if you're too busy looking for sales to say the whole thing) 2011 Mid-Atlantic Conference yesterday at the Gaylord in National Harbor, and snapped Pollo Tropical?s Chris Hogarth with The Rappaport Cos? Henry Fonvielle. Pollo Tropical specializes in ?Floribbean? chicken (Florida cuisine with Caribbean ingredients), with an eye to expand to the Baltimore metro. Chris tells us they love the Towson, Glen Burnie, and Timonium submarkets and require 30k SF of space, preferring to purchase or ground lease.

Big Lots? Jeff Powers (with Merrifield Patrick Vermillion's Eric Nichols) says the discount retailer opened 80 stores nationwide in 2010, with plans to open 80 more this year. Jeff has four deals in lease negotiations and thinks the Baltimore/DC region could support 40 more Big Lot stores. Eric represents AAA, which is opening freestanding retail units that include light car care service and membership sales offices. He tells us he recently finished deals in Annapolis and Towson (both 12k SF) and has 12 in the pipeline across the Baltimore and DC areas.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

Wall Street Anxiety Pushes Meta Into The Neocloud Business

Microsoft Moves To Undo Local Tax Breaks For Atlanta Data Center Projects

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners

SpaceX, Tesla To Spend $16.8B Building First Phase Of 100M SF Chip Factory

Longtime Newmark CEO Barry Gosin To Step Down

USG To Unveil New Solution For Data Center Partners At DICE South In Texas

CRE’s ESG Retreat Masks Growing Spending On Climate Risk

Blackstone Vice Chairman Tom Nides On Leadership And The Future Of CRE

Delaware Statutory Trust Fundraising Jumps 31%, Putting 2026 On Track For A Record $10B

Fannie Mae Latest Lender Suing Alan Stalcup To Collect 'Bad Boy' Guarantee

Brookfield Accelerates Launch Of Giant Real Estate Fund As Market Improves

California Real Estate Exec Charged In Child-Safety Sting