Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXIX No. IX
March 7, 2014
FEATURING supermarket Chains Expand Nationwide Earth Fare operates 32 locations throughout AL, FL, GA, IN, KY, NC, OH, SC and TN. The supermarkets, offering organic and natural food items, occupy spaces of 22,000 sq.ft. in various retail settings. Growth opportunities are sought throughout Orlando, FL during the coming 18 months, with representation by Atlantic Retail Properties. For more information, contact Daniel Lynch or Greg Godino, Atlantic Retail Properties, 1001 North US Highway One, Suite 600, Jupiter, FL 33477; 561-427-6699, Fax 561-427-6561; Email: dlynch@atlanticretail.com; Web sites: www.atlanticretail.com and www.earthfare.com. Superior Grocers operates 43 locations throughout Kern, Los Angeles, Orange County, Riverside, San Bernardino and Ventura counties in CA. The supermarkets, featuring seafood, produce, bakery, deli and floral departments, occupy spaces of 40,000 sq.ft. to 50,000 sq.ft. in freestanding locations and neighborhood centers. Growth opportunities are sought throughout central and southern CA during the coming 18 months. A land area of four to five acres is required for freestanding locations. The company will not consider sites north of Bakersfield, CA. For more information, contact Randy Ibara, Superior Grocers, 1168 San Gabriel Boulevard, Suite M, Rosemead, CA 91770; 323-721-7312, Fax 626-572-8411; Email: randyibara@sbcglobal.net; Web site: www.superiorgrocers.com.
Aldi, Inc. trades as Aldi at 1,200 locations nationwide throughout 32 states. The supermarkets, offering discounted grocery items, occupy spaces of 16,900 sq.ft. in freestanding locations. Growth opportunities are sought throughout GA, excluding the metropolitan Atlanta area, during the coming 18 months, with representation by Settlemyer Properties. A land area of two acres is required. The company will also consider inline spaces of shopping centers. For more information, contact Frank Settlemyer, Settlemyer Properties, 1815 Old 41 Highway, Suite 260, Kennesaw, GA 30152; 678-766-2206, Fax 678-766-2205; Email: frank@settlemyerproperties.com; Web site: www.aldi.com. Supervalu, Inc. (Southern CA Division) trades as Albertsons at 214 locations throughout southern CA and NV. The supermarkets, featuring seafood, produce, meat, bakery and floral departments, occupy spaces of 50,000 sq.ft. to 60,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Jeff Dierck, Supervalu, Inc. (Southern CA Division), 1421 South Manhattan Avenue, Fullerton, CA 92831; 714-300-6752, Fax 714-300-6941; Email: jeff.dierck@albertsons.com; Web site: www.albertsons.com. (continued on page eight)
This issue contains information on: • Retailers operating 21,345 locations with plans to open 1,643 sites • Real estate valued in excess of $83 million to be bought, sold & financed • Leasing activity on over 2.4 million sq.ft. of retail properties Postmaster: Periodical ews
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Post-Show ICSC Mid-Atlantic Conference New Construction RD Management LLC redevelops mixed-use site in FL.................... Pg. 4 Buyers and Sellers The Greysteel Co. brokers sale of Food Lion- anchored center in VA.............................................. Pg. 5 Food Chains Expand El Pollo Loco plans up to 15 openings on the west coast......... Pg. 6 Who’s Opening and Where Teriyaki Madness to open 24 locations in CA........................... Pg. 7 Rick’s Cabaret to open 10 units..... Pg. 7 Select Comfort to open up to 30 locations..................................... Pg. 7 Making the News Progressive Real Estate Partners named regional member of Retail Brokers Network......................... Pg. 9 Sources of Financing CBRE negotiates acquisition loan on a power center...................... Pg. 9 Lease Signings Venture Commercial inks anchor deal with Northern Tool+ Equipment in Birmingham, AL.... Pg. 9 The Rotella Group brokers 10 deals with Dollar Tree................ Pg. 9 Tenant Reps illi Commercial Real Estate reps Orangetheory Fitness in select markets of CA............................. Pg. 10 Lead Sheet New York New York, The Clothing Co. to enter FL.............. Pg. 11 Journey’s plans to open 40 stores.......................................... Pg. 14 Christmas Tree Shops grows nationally................................... Pg. 14 Space Place................................ Pg. 16