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Julius M. Feinblum Real Estate Named Key Consultant For 800,000 Sq. Ft. Home Furnishings Center

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Julius M. Feinblum Real Estate, Inc. announced that it has been retained as consultant by Kimco Real Estate Trust (listed on the NYSE), REIT the largest owner of retail centers in the U.S. and Canada and Derito Partners, one of Arizona’s largest developers to market and negotiate all home furnishings retail and factory programs for the new 800,000 square foot Gilbert Esplanade Home Furnishings Center in Gilbert, Arizona. The new Gilbert Esplanade Home Furnishings Center is located in the fastest growing residential, commercial and retail area in Phoenix. “The outstanding reputations of the firms involved and the superb layout and location of this project make it the most exciting venture ever for the home furnishings industry,” said president, Julius Feinblum. The Gilbert Esplanade Home Furnishings Center shall have one section anchored by Robb & Stuckey, the “Who’s Who” of higher-end retailers. Section One will span 400,000 sq. ft. Located directly across from and adjoining it will be a second 400,000 sq. ft. section consisting of popular priced home furnishings retailers and label programs. Julius M. Feinblum Real Estate, Inc. will work from its west coast office in Santa Monica, CA and a new office in the Scottsdale, AZ area to service this project. Recently Feinblum Real Estate acted as consultants to Catalfumo Development in Palm Beach Gardens, FL in assembling a home furnishings center anchored by Robb & Stuckey, Robb & Stuckey Patio, Thomasville and numerous other high profile labels. Feinblum also served as consultants to the Agoura Hills Home Furnishings Center near Los Angeles, CA. The project was anchored by Treasures, Stickley, Henredon, Drexel Heritage, Ethan Allen and Broyhill. The development is situated next to Reed Furniture, La-Z-Boy and Bassett Direct. Julius M. Feinblum Real Estate, Inc. is America’s largest and foremost real estate brokerage and consulting firm specializing in the home furnishings industry. The firm currently has regional offices in New York, Florida and California. Since 1987, Feinblum has worked with furniture retailers and manufacturers to research and secure retail locations throughout the United States. All inquiries should be directed to Julius Feinblum or Doug Kays at 1-800-791-8936 or 516-844-8890 in New York, 310-396-0810 in Santa Monica or email info@furniturerealesate.com.

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