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Feldman Equities, Inc. is the modern business entity that encompasses a century of success in commercial real estate development, management and ownership throughout the United States. In the last 20 years, Feldman Equities has developed or acquired over 10 million square feet of office and retail properties with an aggregate value in excess of $2 Billion. Below are a selection of properties that are either owned and/or managed by Feldman Equities today.


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Please visit the Harrisburg Mall web site:
http://www.shopharrisburgmall.com

Property type: Enclosed regional Shopping Mall

Location: Central Pennsylvania, Harrisburg

Rentable area: The mall is being expanded to over 900,000 square feet and has the potential to be expanded to over 1,000,000 square feet.
Year completed: 1969.
For leasing information click here

Renovation: Interior renovated in 1993. Major exterior renovation will occur in 2004.

Acquired: September 30, 2003

Present occupancy: Approximately 85%

Major Tenants: Bass Pro Shops (under construction), Boscov’s (under construction), Hecht’s (division of the May Company), Toys R Us, The Disney Store, Limited, Lerner NY, Victoria’s Secret, Bath & Body Works, Gap/Gap Kids, Foot Locker, Kid’s Foot Locker, Lane Bryant, American Eagle, Waldenbooks, & CVS.

Redevelopment Facts: Bass Pro has signed a long term lease for the store formerly occupied by Lord & Taylor. Bass Pro will extensively renovate and expand the store and will convert it into a spectacular super store consisting of approximately 200,000 sq. feet specializing in fishing, hunting, camping & boating products. Excluding their flagship store, the Harrisburg store is expected to be the largest Bass Pro Shops store in the nation.

Boscov’s has signed a long-term lease for the former JCPenney store. Boscov’s is renovating the store and has leased approximately 185,000 square feet. This will be the 41st store in the Boscov’s chain, which has sales in excess of $1 billion.

Hecht’s, an existing department store, recently made a long term commitment to the mall. Hecht’s is a division of the May Company.

In addition to the extensive interior upgrades of the 2 new anchor stores, Feldman Equities is planning a major upgrade to the following mall areas: a) the exterior façade fronting on will be completely renovated, (b) the entrances to the mall will be rebuilt and renovated, (c) lighting will be increased, (d) the entire parking lot will be resurfaced and re-striped and (e) the mall’s signage will be significantly upgraded.

Bass Pro is unusual because many of its shoppers travel from out of state and from long distances. Over 40% of Bass customers drive an hour or more to get to the store and a very high percentage of customers stay overnight at nearby hotels and motels to shop at the store. The typical Bass Pro store generates over 3,000,000 visitors per annum.

Boscov’s combines a vast assortment of clothing including both traditional labels & leading designer names. Boscov’s also features departments such as electronics, appliances, china & gifts with a state-of-the-art gift registry system, toys & candy. Chairman Al Boscov believes strongly in the traditional department store, where in one shopping trip, you can buy everything from school supplies to silverware, cosmetics to TV’s.

Bass Pro will offer shoppers the area's largest selection of quality outdoor gear, clothing and accessories from top industry names and at value prices. More than just a fishing & hunting store, the Harrisburg store will also offer equipment for hiking, backpacking, wildlife viewing, camping, outdoor cooking and more. A gift and nature center will also serve up a wide variety of outdoor-related items from lamps and dishes to bird feeders and furniture.

Award-winning in their concept and design, Bass Pro stores are rated high as tourist-destinations. Also a major internet & catalog retailer, Bass Pro Shops, headquartered in Springfield, Missouri, will have 21 locations across the United States by the end of 2003 and will offer visitors an astounding 2.5 million sq. feet of outdoor excitement.



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Please visit the Foothills Mall web site:
http://www.shopfoothillsmall.com/

Property type: Entertainment and Value Oriented Retail Center

Location: Northwest Tucson, Arizona

Rentable area: 509,00-square-feet

Expansion Capability: 100,000 square feet

Year completed: 1982

Renovation: 1997 + undergoing major upgrades (2003-2004)

Acquired: April, 2002

Present occupancy: 95%

Major Tenants: Barnes & Noble, Linens & Things, Saks Off 5th Ave, Ross Dress for Less, Nike Factory Store, Famous Footwear, Toni & Guy, Bath & Body Works, Sega GameWorks, Melting Pot and a 15-theater Loews Cineplex with sales ranked in the top 10% for the national theater chain. Other tenants include: Pacific Sun, Quiksilver, Mikasa, Haggar Clothing Co, Dress Barn, Outback Steakhouse, Applebee’s, Kinko’s, KB Toys, and Levi's.

NOTE: One development pad remains at the 44-acre property and is being marketed for build-to-suit or sale.

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