Tenant Profiles - Houston Retail Capital Markets

PROPERTY DESCRIPTION
LAKEWOOD FOREST
Shopping Center
Tenant Profiles
Stein Mart, Inc. (NASDAQ: NMS:SMRT) is best described as a hybrid between a better department/specialty store and
a traditional off-price retailer. At year-end 2009, Stein Mart had 267 locations throughout the United States.
Founded by the current chairman’s grandfather just after the turn of the century, the Stein Mart concept has evolved
over time to feature moderate-to-better brand-name apparel for women and men, as well as accessories, gifts, linens
and shoes. Net sales for the year ended January 30, 2010 were $1.2 billion. www.steinmart.com
Goodwill Industries International supports the operations of about 200 independent Goodwill chapters worldwide.
Though most well known for its 2,250 thrift stores, the group focuses on providing rehabilitation, job training,
placement and employment services for people with disabilities and others. Goodwill is one of the world’s largest
providers of such services, as well as one of the world’s largest employers of the physically, mentally, and emotionally
disabled. Support for the organization’s programs is generated primarily from sales of donated goods, both at the
retail stores and through an online auction site, as well as from contract work and from government grants. Goodwill
was founded in 1902. Retail sale revenues in 2009 were $2.42 billion, with 1.9 million people served through
employment and training programs. www.goodwill.org
The Egg and I Restaurant, an upscale breakfast and lunch concept, was created by Rayno and Patty Seaser. They
opened the first The Egg and I Restaurant in Ft. Collins, Colorado in 1987. In 2005, E&I Holdings, Inc. which is
principally owned by Bill Baumhauer and Don Lamb, purchased the franchise system. Since then, the Egg & I has
grown to 39 restaurants, both company owned and franchised, in Alabama, Colorado, Nebraska, Texas, Wyoming and
Utah. The company is expanding the concept nationally, and it’s anticipated over the next five years an additional
40-50 restaurants will be opened throughout the US. theeggandirestaurants.com
Carrols Restaurant Group (NASDAQ: TAST) is a leading quick-service restaurant operator and the #1 Burger King
franchisee in the US. The company also operates two of its own quick-service chains: Taco Cabana and Pollo Tropical.
Taco Cabana combines fresh, high-quality Tex-Mex and traditional Mexican style food in a festive setting with the
convenience and value of quick-service restaurants. Menu items include fajitas, quesadillas, enchiladas, frozen
margaritas and beer. The first Taco Cabana opened in San Antonio in 1978, and now there are 155 locations
throughout Texas, Oklahoma and New Mexico. 2009 total revenues for Carrols are reported at $816 million.
www.tacocabana.com
Mattress Firm is a mattress retailer focused on creating a unique shopping experience for the customer with a large
selection of quality, brand-name bedding products, competitive pricing and knowledgeable, well-trained associates.
The company began in 1986 and currently operates over 560 locations across 22 states with plans to continue to
grow. They have grown to become one of the largest and most successful specialty bedding companies in the world.
Revenues are reported to be over $268 million. www.mattressfirm.com
This information has been secured from sources we believe to be reliable but we make no representations, warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for inaccuracies.
16
PROPERTY DESCRIPTION
LAKEWOOD FOREST
Shopping Center
Tenant Profiles continued
Darque Tan is America’s largest chain of luxury tanning salons, with over 100 locations nationwide. The company
aims to provide the client with the finest tanning beds, booths and lotions in the industry, with a friendly and
knowledgeable staff to help you through the tanning process. Segler Enterprises, Inc. owns and operates Darque Tan
and is headquartered in Houston, Texas. They also manufacture and market tanning products such as tanning
lotions, beds and tanning booths. www.darquetan.com
YUM! Brands (NYSE: YUM) is the largest fast-food operator in the world in terms of number of locations. The
company’s flagship locations include KFC, with more than 16,200 units, Pizza Hut, and Taco Bell. KFC Corporation,
based in Louisville, Kentucky, is the world’s most popular chicken restaurant chain, specializing in Original Recipe and
Extra Crispy Chicken and home-style sides. Every day, more than 12 million customers are served at KFC restaurants
in 109 countries and territories around the world. YUM! Brands is ranked #239 on the Fortune 500 list, with revenues
in excess of $11 billion in 2008. www.kfc.com
RadioShack is a leading consumer electronics retail chain with over 4,475 stores in the US, Puerto Rico, and the Virgin
Islands. Its shops and website offer a variety of products, including wireless and residential telephones, computers,
DVD players, electronic toys and radios. The stores also sell third-party services such as wireless calling plans and
direct satellite service. 2009 sales were reported at $4.2 billion. www.radioshack.com
Doctor’s Associates operates the Subway chain of sandwich shops, the second largest quick-service chain behind
McDonald’s. It has more than 32,800 locations in 91 countries. Virtually all Subway restaurants are franchised and
offer hot and cold sub sandwiches, wraps and salads. Subways are located in freestanding buildings, as well as
airports, convenience stores, sports facilities, and other locations. Subway’s goal is to be the largest fast-food
franchise in every market, and to have locations in every country of the world. Doctor’s Associates is owned by cofounders Fred DeLuca and Peter Buck, who opened the first Subway in 1965. Reported yearly sales are over $9 billion.
Forbes Magazine names DeLuca number 242 of the 400 richest Americans with a net worth of $1.5 billion.
www.subway.com
Mail Boxes Etc. (MBE) a UPS Company, is the world’s largest franchisor of retail shipping, postal and business service
centers. Its franchise brands, the UPS Store and Mail Boxes Etc. together comprise more than 4,300 independently
owned locations nationwide. In 2010, Entrepreneur Magazine’s annual “Franchise 500” rated the UPS Store #1 in the
postal and business services category for the 20th consecutive year. United Parcel Service (NYSE: UPS) it eh world’s
largest package delivery company with 2009 sales reported at $45 billion. www.theupsstore.com
This information has been secured from sources we believe to be reliable but we make no representations, warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for inaccuracies.
17
PROPERTY DESCRIPTION
LAKEWOOD FOREST
Shopping Center
Tenant Profiles continued
Domino’s Pizza (NYSE: DPZ) runs the world’s #2 pizza chain (behind YUM! Brands Pizza Hut division), with about
9,000 delivery locations in more than 60 countries (the chain includes about 5,000 stores in the US). Domino’s menu
features several different styles of pizza with a wide array of topping options, as well as additional items such as
bread sticks, cheese bread, and chicken wings. Its stores are primarily delivery locations and generally do not have
any dine-in seating. 2009 sales were reported at $1.4 billion, and Domino’s opened a record number of 400 new
stores in 2009. www.dominos.com
Shipley Do-Nuts serves 63 varieties of Do-Nuts as well as artisan made pastries featuring handmade kolaches,
cinnamon rolls, chocolate twists, bear claws and many more bakery varieties than the average national chain donut
shop using mechanized systems. It was founded in 1936 by Lawrence Shipley, Sr. in Houston, Texas. The company
has expanded to more than 220 stores around the nation in Alabama, Arkansas, Oklahoma, New Mexico, Louisiana,
Mississippi, Tennessee, and Texas, 86 of which are in the Houston area. Shipley Do-Nuts is the oldest and largest
continually operating family owned doughnut brand in the United States. www.shipleydonuts.ws
The Allstate Corporation (NYSE: ALL) is the largest publicly held personal lines insurer in the US. A Fortune 500
company, with $133 billion in total assets, Allstate sells 13 major lines of insurance, including auto, property, life and
commercial. Allstate also offers retirement and investment products and banking services. Allstate is widely known
through the “You’re in Good Hands with Allstate” slogan. Allstate was founded in 1931 and became a publicly traded
company in 1993. Allstate helps individuals in approximately 17 million households and has more than 14,000
exclusive agencies and financial representatives in the United States and Canada. In 2009, Allstate reported $18.7
billion in total property-liability insurance claims and claims expense. www.allstate.com
This information has been secured from sources we believe to be reliable but we make no representations, warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for inaccuracies.
18