FAMECO TO ASSIST SALLY BEAUTY CONCEPT WITH REGIONAL STORE ROLL OUT

Plymouth Meeting, PA  — Fameco Real Estate, L.P., the region’s foremost full service retail real estate firm, is pleased to announce that it has been retained by Sally Beauty Holdings to roll out  its concept, CosmoProf, in the tristate region.

Texas-based Sally Beauty Holdings recently acquired Schoeneman Beauty Supply, Inc.  a 43 unit chain targeted exclusively to professional salons. As part of Sally Beauty’s expansion plans, not only will the existing stores be rebranded as CosmoProf, but an aggressive store roll out campaign will begin. Fameco’s Jim Creed and Gary Leone will spearhead this initiative. CosmoProf seeks approximately 2,000 units in power centers, strip centers and street retail locations.  According to Nicole Curtis, Senior Real Estate Representative for Sally Beauty Holdings, “Fameco has done an outstanding job in helping the Sally Beauty concept expand its store count in the region. We are confident that this same market expertise will help us effectively position CosmoProf in strategic locations throughout the market.” 

Fameco specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, Delaware and beyond. The firm is the exclusive representative for over 200 shopping centers and retail properties totaling 18 million square feet, manages more than 11 million square feet of retail space and exclusively represents more than 75 retailers expanding in the tri-state area.   Fameco’s Investment Sales Team has completed transactions in excess of $1 billion.  Fameco is the ChainLinks member shareholder in the Delaware Valley. ChainLinks is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S. and Canada.

November 13, 2009