Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XII
March 23, 2012
Supermarket Chains Expand Nationwide Food Markets Northwest, Inc. trades as Metropolitan Market at six locations throughout western WA and the Puget Sound area. The supermarkets, featuring produce, meat, bakery, deli, seafood, floral and housewares departments, in addition to a wine and beer and catering department, occupy spaces of 30,000 sq.ft. to 32,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Seattle, WA during the coming 18 months. Preferred demographics include a population of 30,000 within two miles. The company prefers to locate in areas with high vehicular and foot traffic counts. For more information, contact Dale Chandler, Food Markets Northwest, Inc., 3301 South Norfolk Street, Seattle, WA 98118; 206-763-7949, Fax 206-767-8751; Email: dchandler@unifiedgrocers.com; Web site: www.metropolitan-market.com. Food City Markets, Inc. trades as Food City Markets at three locations in NY. The supermarkets, featuring produce, meat and deli departments, occupy spaces of 10,000 sq.ft. to 20,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the metropolitan New York, NY area during the coming 18 months. For more information, contact Paul Berger, Food City Markets, Inc., 1 Blue Hill Plaza, Suite 1502, 16th Floor, Pearl River, NY 10965; 845-920-1010; Web site: www.shopfoodcity.com.
Carlie C’s Operations trades as Carlie C’s IGA at 14 locations throughout NC. The supermarkets, featuring deli, meat and bakery departments, occupy spaces of 24,000 sq.ft. to 45,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Mack McLamb, Carlie C’s Operations, 3695 U.S. 301 North, Dunn, NC 28334; 910-892-4124; Web site: www.carliecs.com. Weis Markets, Inc. operates 164 locations throughout MD, NJ, NY, PA and WV. The supermarkets, featuring produce, dairy, seafood and meat departments, as well as a pharmacy, occupy spaces of 55,000 sq.ft. to 65,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets, as well as DE and VA, during the coming 18 months, with representation by Metro Commercial Real Estate, Inc. The company will also consider existing or redeveloped shopping centers. A land area of seven to 10 acres is required. For more information, contact Tom Londres or 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; Emails: tlondres@metrocommercial.com and gmarvin@metrocommercial.com; Web site: www.weismarkets.com. (continued on page eleven)
This issue contains information on:
* Retailers operating 77,073 locations with plans to open 4,936 sites * Real estate valued in excess of $54 million to be bought, sold & financed * Leasing activity on over 4 million sq.ft. of retail properties
Important News Please Expedite
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Featuring ICSC Carolinas Idea Exchange New Construction Garden Commercial Properties is preleasing a 600,000 sq.ft. project in Mahwah, NJ........... Pg. 3 Observations & Conversations Pg. 4 Openings Toys “R” Us, Inc. plans to open a 59,901 sq.ft. hybrid store in North Raleigh, NC.... Pg. 6 Krispy Kreme Doughnuts, Inc. is opening locations in NC and SC................................... Pg. 6 Buyers and Sellers Iaboni Real Estate is acquiring retail sites and centers in FL and SC................................... Pg. 9 NNN property Advisors is looking nationwide for acquisition opportunities....... Pg. 9 Food Retailers Expanding Ameci Pizza and Pasta, Inc. is growing nationally................. Pg. 10 Exclusives Corporate Realty Advisors is repping restaurant chains in New England......................... Pg. 11 Lease Signings SPL Realty Partners brokers a deal with The Container Store in El Segundo, CA.................. Pg. 12 Lead Sheet Michaels Arts & Crafts expanding nationwide........... Pg. 13 Sportsman Liquidation continues growth in SC.......... Pg. 16 Sources of Financing Newbridge Investments, LLC provides non-recourse lending Pg. 18 Space Place........................... Pg. 18 In the News Cassidy Turley names a vice president for its New York, NY office............................... Pg.19
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