Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. XXIII
June 19, 2009
Supermarkets Expand Nationwide Dahl’s Foods operates 12 locations throughout IA. The supermarkets, featuring deli, produce, bakery, meat and floral departments as well as health and beauty aids, occupy spaces of 55,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers build-to-suits. For more information, contact David Sinnwell, Dahl’s Foods, 4343 Merle Hayroad, Des Moines, IA 50310; 515-278-1657, Fax 515-278-0012; Email: davidsinnwell@dahlsfoods.com; Web site: www.dahlsfoods.com. Albeco, Inc. trades as Mollie Stones Markets at eight locations throughout CA. The upscale grocery stores, featuring bakery, cheese, deli, floral, produce, poultry, seafood, wine and liquor, gluten-free food and international food departments, occupy spaces of 10,000 sq.ft. to 45,000 sq.ft. in lifestyle, specialty and tourist centers as well as urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area in CA during the coming 18 months. Typical leases run 35 years. Preferred demographics include a population of 20,000 within one mile earning $100,000 as the average household income. Major competitors include Whole Foods Market. For more information, contact Mike Stone, Albeco, Inc., 150 Shoreline Highway, Building D, Mill Valley, CA 94941; 415289-5720, Fax 415-289-0141; Web site: www.molliestones.com.
Demoulas Supermarkets, Inc. trades as Market Basket and Demoulas at 60 locations throughout MA and NH. The supermarkets occupy spaces of 68,000 sq.ft. in freestanding locations, urban/downtown areas and outlet, power and specialty centers. Growth opportunities are sought throughout the existing markets as well as ME and RI during the coming 18 months, with representation by RMD, Inc. Typical leases run 40 years or up to 60 years for ground leases. Preferred cotenants include discount retailers, Kmart and Wal*Mart. The company prefers build-to-suits. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978-851-0200, Fax 978851-4962. Murry’s, Inc. trades as Murry’s at 31 locations throughout DE, MD, NJ, PA, VA and Washington, DC. The supermarkets occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in strip centers and urban/downtown areas. Growth opportunities are sought throughout Baltimore, MD and Washington, DC during the coming 18 months. Typical leases run five years with options. Preferred demographics include a population of 45,000 within five miles. For more information, contact Gary Gold or Mike Luber, Murry’s, Inc., 8300 Pennsylvania Avenue, Upper Marlboro, MD 20772; 301-967-4825, Fax 301-967-4816; Email: ggold@murrys.com; Web site: www.murrys.com. (continued on page seven)
This issue contains information on:
* Retailers operating 47,691 locations with plans to open 4,114 sites * Real estate valued in excess of $31.17 million to be bought, sold & financed * Leasing activity on over 12.2 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring National Focus Buyers & Sellers LMS Commercial Real Estate is selling a CVS site in Mechanicsburg, PA................ Pg. 3 The Shopping Center Group is selling a center located in Huntsville, AL........................ Pg. 5 Openings Mooyah Burgers & Fries looks to open three locations in TX this year................................. Pg. 4 Martin & MacArthur will open four stores throughout HI this year............................ Pg. 8 New Construction New Trier Partners is developing a mixed-use project in Winnetka, IL.......... Pg. 5 Exclusives Grubb & Ellis represents a number of retailers with their expansion plans throughout MD, VA and Washington, DC Pg. 6 Sources of Financing Great Eastern Investments, LLC provides private money financing for projects nationwide............................ Pg. 6 Food Retailers Expand Noodles & Co looks for sites throughout 17 states nationwide............................ Pg. 6 In The News DLC Management Corp. promoted Evan Podob to senior leasing representative Pg. 7 Lead Sheet Autonation looks for sites throughout major metropolitan markets of the South..................................... Pg. 9 V.I.M. will open locations throughout NJ and NY........... Pg. 12 Space Place........................... Pg. 13
For more news go to: www.dealmakers.net