Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXIV
June 21, 2013
FEATURING supermarket Chains Expand Nationwide Rouses Enterprises, Inc. trades as Rouse’s Supermarket at 38 locations throughout LA and MS. The supermarkets, offering produce, meat, seafood and bakery departments, occupy spaces of 45,000 sq.ft. to 65,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Baton Rouge, Lafayette and New Orleans, LA and MS during the coming 18 months. The company prefers to acquire sites and will also consider smaller spaces. For more information, contact Donny Rouse, Rouses Enterprises, Inc., 1301 Saint Mary Street, Thibodaux, LA 70301; 985-447-5998, Fax 985447-5563; Email: info@rouses.com; Web site: www.rouses.com. Glass Garden, Inc. trades as Shop Rite Supermarkets at nine locations throughout NJ and NY. The grocery stores, offering bakery, deli, produce and seafood departments, occupy spaces of 73,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Plans call for two openings throughout CT, NJ, NY and PA during the coming 18 months. Typical leases run 20 years with options. A land area of at least nine acres is required for freestanding locations. For more information, contact Ben Focarino, Glass Garden, Inc., 204 Passaic Street, Rochelle Park, NJ 07662-3118; 201-843-1364; Email: benfocarino@verizon.net; Web site: www.shoprite.com.
Houchens Industries, Inc. trades as Save-A-Lot at over 200 locations throughout AL, GA, IL, IN, KY, NC, NY, OH, SC, TN, VA, WV and TX. The supermarkets, offering discounted grocery items, 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. The company also 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. For more information, contact Corky Beyke, Houchens Industries, Inc., 700 Church Street, Bowling Green, KY 42102; 270-843-3252, Fax 270-780-2863; Web site: www.save-a-lot.com. Arlan’s Market operates eight locations throughout TX. The supermarkets, featuring bakery, meat, seafood, produce and wine and beer departments, occupy spaces of 20,000 sq.ft. to 50,000 sq.ft. in strip centers and downtown areas. Growth opportunities are sought throughout central TX during the coming 18 months. For more information, contact Ames Arlan, Arlan’s Market, 340 Old Highway 90 West, San Antonio, TX 78237; 210-227-8755, Fax 210-2234976; Web site: www.arlansmarket.com. (continued on page seven)
This issue contains information on: • Retailers operating 28,208 locations with plans to open 1,964 sites • Real estate valued in excess of $110 million to be bought, sold & financed • Leasing activity on over 4.4 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
national focus New Construction Phillips Edison & Co. to develop Dick’s Sporting Goods anchored center in KY................................ Pg. 3 Buyers & Sellers Sigma Services LLC open to acquire single tenant deals.......... Pg. 4 Who’s Opening & Where Marco’s Pizza plans 300 openings by the end of 2014...... Pg. 5 Food Chains Expand Extreme Pizza projects 10 new locations..................................... Pg. 6 Louis Pappas Market Café to enter GA..................................... Pg. 6 Exclusives The McDevitt Co. reps Urban Outfitters nationwide.................. Pg. 7 Lease Signings Cassidy Turley inks deal with Kirkland’s Home......................... Pg. 8 Sources of Financing Maverick Capital Partners negotiated financing for several retail sites................................... Pg. 8 Making the News COMVEST taps director of leasing........................................ Pg. 8 Lead Sheet So Good Jewelry to go national
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CocoaBella Chocolates to enter Chicago and metro New York City............................................ Pg. 12 Nebraska Sporting Goods projects entering the KS market Pg. 12 Space Place................................ Pg. 14