Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XXVII
July 23, 2010
Supermarket Chains Expand Nationwide Brookshire Grocery Co. trades as Brookshire Food Stores and Super 1 Stores at 151 locations throughout AR, LA and TX. The supermarkets occupy spaces of 30,000 sq.ft. to 70,000 sq.ft. in freestanding locations, as well as power and strip centers. Growth opportunities are sought throughout southern AR, LA and eastern TX during the coming 18 months. Typical leases run 15 to 20 years. The company prefers to acquire sites. Major competitors include Albertsons, Kroger and Walmart Supercenter. A land area of five to six acres is required for freestanding locations. For more information, contact John Broderhausen, Brookshire Grocery Co., 1600 West Southwest Loop 323, Tyler, TX 75701; 903-534-3000, Fax 903-534-2217; Web site: www.brookshires.com. Fresh Encounter, Inc. trades as Community Markets, Great Scot Community Markets, Fulmer Community Markets and Sack N Save Supermarkets at 32 locations throughout IN and OH. The supermarkets occupy spaces of 9,000 sq.ft. to 36,000 sq.ft. in freestanding locations, downtown areas and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Michael Needler, Fresh Encounter, Inc., 317 West Main Cross Street, Findlay, OH 45840; 419422-8090, Fax 419-424-3932; Web site: www.freshencounter.com.
Inserra Supermarkets, Inc. trades as ShopRite and LML Supermarkets at 25 locations throughout NJ and NY. The supermarkets occupy spaces of 60,000 sq.ft. to 70,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the New York, NY metropolitan area and Bergen, Hudson, Passaic and Rockland counties in NJ, during the coming 18 months. For more information, contact Rich Chamberlin, Inserra Supermarkets, Inc., 20 Ridge Road, Mahwah, NJ 07430; 201-529-5900, Fax 201-529-1189. Giant Eagle, Inc. trades as Giant Eagle at 222 locations throughout MD, OH, PA and WV. The supermarkets occupy spaces of 12,000 sq.ft. to 150,000 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years with options. Preferred cotenants include Home Depot, Kohl’s, Barnes & Noble, Borders, Lowe’s Home Improvement and Target. Major competitors include Tops, Shop N Save, Giant and Kroger. For more information, contact Shelly Sponholz or Jim Chickini, Giant Eagle, Inc., 261 Kappa Drive, Pittsburgh, PA 15238; 412-963-6200, Fax 412-967-6104; Email: ssponholz@gianteagle.com; Web site: www.gianteagle.com. (continued on page eight)
This issue contains information on:
* Retailers operating 53,967 locations with plans to open 4,881 sites * Real estate valued in excess of $88.7 million to be bought, sold & financed * Leasing activity on over 5.5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Tennessee/Kentucky Idea Exchange New Construction Jim Wilson & Associates, LLC is preleasing a 238,000 sq.ft. center in Macon, GA............. Pg. 3 Openings Burberry to open 30 stores nationwide and internationally....................... Pg. 4 The Sports Authority, Inc. launches a new retail concept Pg. 6 Buyers & Sellers National Net Lease Realty looks to acquire freestanding single-tenant properties nationwide............................ Pg. 5 Exclusives Atlantic Retail Properties named exclusive leasing agent for Cross County Plaza.......... Pg. 6 Lease Signings SRS Real Estate Partners negotiated a lease with Dick’s Sporting Goods in Bakersfield, CA......................................... Pg. 7 In the News Grubb & Ellis Co. hired Paul O’Boyle as senior vice president, investment group.... Pg. 7 Sources of Financing Mortgagemint, LLC provides financing for the refinancing and acquisition of malls and strip centers........................... Pg. 8 Food Retailers Expand Chick-fil-A, Inc. seeks to open locations nationwide throughout 37 states.............. Pg. 9 Lead Sheet Marty’s and City Gear to open locations throughout AL, AR, FL, GA, LA, MS and TN......... Pg. 11 Omaha Steaks seeking locations throughout 18 states nationwide............................ Pg. 14 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: tnkyidex2010