The spaces' quoted rates range from $16.60 per sf to $18.60 persf plus tenant-improvement allowances. At the 135,000-sf CorumStation Shopping Center at 4880 Louetta Rd. in Spring, Steve &Barry's will backfill a Randall's grocery and drug store. In the1.2-million-sf mall at 20131 U.S. 59 N. in Humble, the dealbackfills an empty Mervyns store.
Doug Calvin, real estate director for Port Washington, NY-basedSteve & Barry's, says upcoming tenant improvements will includewood flooring, plasma screen monitors and fixture systems. Bothlocations are scheduled to open within four months.
"Our average store size is 55,000 sf, though we've been trendinglarger," Calvin says. "We've done stores over 100,000 sf and preferjunior anchor and anchor-size stores."
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