Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. VIII
February 27, 2009
Supermarket Chains Expand Nationwide Cost-U-Less, Inc. trades as Cost-U-Less at 12 locations throughout CA, HI and internationally. The mid-sized, warehouse club-style centers occupy spaces of 30,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with options. Preferred demographics include a population of 50,000 within five miles earning $15,000 as the average household income. For more information, contact Rex Wilhelm, Cost-U-Less, Inc., 3633 136th Place Southeast, Suite 110, Bellevue, WA 98006; 425-9450213; Email: rwilhelm@northwest.ca; Web site: www.costuless.com. Superior Super Warehouse operates 31 locations throughout southern CA. The grocery stores, featuring bakery, meat, fruits and vegetables and seafood departments, in addition to a section for fresh tortillas, occupy spaces of 40,000 sq.ft. to 60,000 sq.ft. in freestanding locations and neighborhood centers. Growth opportunities are sought throughout central and southern CA during the coming 18 months, with representation by representation by South Pacific Investments, Inc. A land area of three to four acres is required for freestanding locations. For more information, contact Randy Ibara, South Pacific Investments, Inc., 1168 San Gabriel Boulevard, Suite M, Rosemead, CA 91770; 323-721-7312, Fax 626-572-8411; Email: randyibara@sbcglobal.net.
Whole Foods Market operates 270 locations nationwide and internationally. The supermarkets, offering natural and organic foods, in addition to seafood, wine, produce, floral, bakery, cheese and prepared food departments, occupy spaces of 30,000 sq.ft. to 50,000 sq.ft. in freestanding locations, endcaps and regional centers. Growth opportunities are sought throughout NJ and Manhattan, NY during the coming 18 months, with representation by Northwest Atlantic Real Estate Services, LLC. For more information, contact Chase Welles, Northwest Atlantic Real Estate Services, LLC, 711 Westchester Avenue, 2nd Floor, White Plains, NY 10604; 914-328-2222, Fax 914-3282121; Email: chase@nwatlantic.com; Web site: www.nwatlantic.com. Fresh Encounter, Inc. trades as Community Markets, Great Scot Community Markets, Fulmer Community Markets and Sack ‘N Save Supermarkets at 32 locations throughout IN and OH. The supermarkets occupy spaces of 9,000 sq.ft. to 36,000 sq.ft. in freestanding locations, downtown areas and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Michael Needler, Fresh Encounter, Inc., 317 West Main Cross Street, Findlay, OH 45840; 419422-8090, Fax 419-424-3932; Web site: www.freshencounter.com. (continued on page ten)
This issue contains information on:
* Retailers operating 33,055 locations with plans to open 2,563 sites * Real estate valued in excess of $107.22 million to be bought, sold & financed * Leasing activity on over 10.708 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Midwest Idea Exchange Buyers & Sellers Edgemark sold an outlot in Lockport, IL........................... Pg. 3 Hamilton Partners is selling a Walgreens site in Aurora, IL..... Pg. 6 Openings Central Bancompany looks to open a Central Bank site in Jefferson City, MO................. Pg. 4 New Construction Sawyer Commercial is preleasing a strip center in Gulfport, MS.......................... Pg. 5 Food Retailers Expand Qdoba Mexican Grill looks to open locations throughout Chicago, IL............................ Pg. 8 In The News Thompson Thrift Development hired Jose Kreutz as director of project management.......... Pg. 9 Lease Signings Glickman Kovago & Co. negotiated three leases for Tatnuck Square in Worcester, MA...................... Pg. 9 Exclusives L3 Corp. represents a number of retailers with their expansion in MO................... Pg. 10 Leadsheet Hallmark looks for sites throughout southern CA........ Pg. 11 The Vitamin Shoppe is expanding nationwide........... Pg. 14 Space Place........................... Pg. 15
For more news go to: www.dealmakers.net