Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXVI
July 13, 2012
Supermarket Chains Expand Nationwide Demoulas Supermarkets, Inc. trades as Market Basket at 70 locations throughout MA and NH. The supermarkets occupy spaces of 76,000 sq.ft. to 135,000 sq.ft. in freestanding locations and outlet, power and specialty centers, as well as urban/downtown areas. Growth opportunities are sought throughout MA, ME, NH and RI during the coming 18 months, with representation by RMD, Inc. Typical leases run 40 years, with ground leases up to 60 years. Preferred cotenants include Kmart, Walmart, discount retailers and junior department stores. The company prefers to acquire sites. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978-851-0200, Fax 978851-4962; Email: mkettenbach@rmd-inc.net; Web site: www.rmd-inc.net. Siegel Gallagher, Inc. trades as Fresh City Market at one location in WI. The supermarket occupies spaces of 20,000 sq.ft. in freestanding locations, mixed-use and strip centers, as well as urban/ downtown areas on college campuses or in close proximity to student housing with more than 25,000 students. Plans call for three openings throughout CO, IA, IL, IN, KS, KY, MI, MN, MO, NE, OH and PA during the coming 18 months. Typical leases run 10 to 15 years. The company prefers to locate on college campuses only. For more information, contact John Bergh, Siegel Gallagher, Inc., 301 North Broom Street, Madison, WI 53704; 608-237-7550; Email: jbergh@sg-re.com.
Nature’s Pavilion operates two locations throughout NJ and NY. The supermarkets occupy spaces of 4,000 sq.ft. to 8,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Plans call for one to three openings throughout northern NJ during the coming 18 months, with representation by Jeffery Realty, Inc. Typical leases run 10 years. A vanilla shell is required. Preferred cotenants include upscale retailers. Preferred demographics include a population of 50,000 within three miles earning $70,000 as the average household income. Major competitors include Trader Joes and Whole Foods Market. For more information, contact Bill Farkas, Jeffery Realty, Inc., 116 Route 22 East, North Plainfield, NJ 07060; 908-668-9600 Ext. 215, Fax 908-668-5225; Email: bfarkas@jefferyrealty.com; Web sites: www.jefferyrealty.com; www.naturespavilion.net. Glass Garden, Inc. trades as Shop Rite Supermarkets at nine locations throughout NJ and NY. The supermarkets 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. (continued on page eight)
This issue contains information on:
* Retailers operating 17,354 locations with plans to open 1,254 sites * Real estate valued in excess of $53 million to be bought, sold & financed * Leasing activity on over 5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC New England Idea Exchange New Construction DeBartolo Development preleasing centers from coastto-coast.................................. Pg. 4 Buyers and Sellers Critical Mass Capital, LLC acquiring mixed-use and retail centers nationwide................ Pg. 5 Who’s Opening and Where Trader Joe’s to enter the UT market................................... Pg. 6 City Furniture to open four stores in FL............................ Pg. 6 Food-Related Chains Expand Bravo Brio Restaurant Group grows nationally.................... Pg. 7 Exclusives Springstead & Associates reps Passionate Pet Superstore...... Pg. 8 Lead Sheet U.S. Cellular projects up to 30 store openings....................... Pg. 10 Conn Appliances plans to enter the AZ and NM markets Pg. 11 Hibbett Sporting Goods eyes MN for new stores................. Pg. 12 Lease Signings Kite Realty Group inks deal with Home Goods in TX........ Pg. 14 Space Place........................... Pg. 14
For more news go to: www.dealmakers.net Mobile Access Code: preNE0712