Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. VI
February 14, 2014
FEATURING supermarket Chains Expand Nationwide Houchens Industries, Inc. trades as IGA at 12 locations throughout KY. The supermarkets occupy spaces of 15,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout KY and TN during the coming 18 months. The company also trades as Save-A-Lot at locations throughout AL, GA, IL, IN, KY, NC, NY, OH, SC, TN, VA and WV. The supermarkets occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Corky Beyke, Houchens Industries, Inc., 700 Church Street, Bowling Green, KY 42102; 270-843-3252, Fax 270-780-2863; cbeyke@houchensindustries.com; Web site: www.houchensindustries.com.
Weis Markets, Inc. operates 165 locations throughout MD, NJ, NY, PA and WV. The supermarkets, featuring produce, bakery and deli departments, as well as pharmacy, occupy spaces of 55,000 sq.ft. to 65,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout the existing markets, as well as in DE and VA, during the coming 18 months, with representation by Metro Commercial Real Estate, Inc. A land area of seven to 10 acres is required for freestanding locations. For more information, contact Glenn Marvin, Metro Commercial Real Estate, Inc., 161 Washington Street, Suite 375, Eight Tower Bridge, Conshohocken, PA 19428; 610-260-2674, Fax 610-825-5156; Email: gmarvin@metrocommercial.com; Web site: www.metrocommercial.com.
Aldi operates 1,200 locations nationwide. The supermarkets occupy spaces of 15,000 sq.ft. to 20,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout New York, NY during the coming 18 months, with representation by Ripco Real Estate. For more information, contact Jeremy Isaacs or Esther Bukai, Ripco Real Estate, 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516-933-2514; Emails: jisaacs@ripcony.com and ebukai@ripcony.com; Web site: www.ripcony.com.
Treasure Island Foods, Inc. operates seven locations throughout Chicago, IL. The European style supermarkets featuring bakery, produce, floral and wine and beer departments, occupy spaces of 25,000 sq.ft. to 40,000 sq.ft. in freestanding locations, specialty and strip centers. Plans call for two openings in IL during the coming 18 months. For more information, contact Maria Kamberos, Treasure Island Foods, Inc., 3460 North Broadway Street, Chicago, IL 60657; 773-327-4267, Fax 773-327-6337; Web site: www.tifoods.com. (continued on page seven)
This issue contains information on: • Retailers operating 21,583 locations with plans to open 1,289 sites • Real estate valued in excess of $91 million to be bought, sold & financed • Leasing activity on over 2.7 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
icsc caribbean conference icsc arkansas idex New Construction Trezevant Realty Corp. preleases phase two of Oxford, MS shopping center.......................... Pg. 3 Buyers and Sellers Rockwood Real Estate Advisors brokers $9.5 million sale of a regional mall.............................. Pg. 4 Who’s Opening and Where Onelife Fitness enters the MO market........................................ Pg. 5 Bagger Dave’s to open eight restaurants.................................. Pg. 5 Bennigan’s continues growth with franchisees.......................... Pg. 5 Food Chains Expand Eddie Merlot’s to enter FL, MA, NC, TX, UT and DC................... Pg. 6 Tenant Reps Julius M. Feinblum Real Estate is repping Tuesday Morning in a six-state territory......................... Pg. 7 Making The News CBRE taps new talent in Atlanta
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Sources of Financing Capstone Financial Solutions closes loan................................. Pg. 8 Lease Signings illi Commercial Real Estate filling small shops in CA....................... Pg. 8 Lead Sheet Wireless World plans to go national...................................... Pg. 10 Harkins Theatres to enter NV...... Pg. 10 Laurie’s Shoes eyes an entrance into IL and KS............................. Pg. 11 Performance Bicycle Shop to explore TN for new sites............. Pg. 12 Space Place................................ Pg. 14