Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXIX
August 2, 2013
FEATURING supermarket Chains Expand Nationwide Walter Lagestee, Inc. trades as Walt’s Food Center at seven locations throughout IL and IN. The supermarkets, offering produce, deli and bakery departments, along with a pharmacy, occupy spaces of 45,000 sq.ft. to 55,000 sq.ft. in freestanding locations, strip and value centers. Growth opportunities are sought throughout IL during the coming 18 months. Typical leases run 10 to 20 years. A vanilla shell is required. Preferred cotenants include Lord & Taylor and T.J. Maxx. Preferred demographics include a population of 35,000 within 10 miles earning $65,000 to $75,000 as the average household income. For more information, contact Bob Lagestee, Walter Lagestee, Inc., 330 West Taft Drive, South Holland, IL 60473; 708-596-3166, Fax 708-5960888; Web site: www.waltsfoods.com. Inserra Supermarkets, Inc. trades as ShopRite and LML Supermarkets at 23 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 Bergen, Hudson and Passaic counties in NJ and Rockland County and the New York, NY metropolitan areas 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.
Bristol Farms Markets trades as Bristol Farms at 14 locations throughout southern and San Francisco, CA. The upscale specialty supermarkets, featuring seafood, sushi, deli and cheese, bakery, prepared foods, wine and spirits and floral departments, as well as offering catering services, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months. Typical leases run 15 years. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income. For more information, contact Kevin Davis, Bristol Farms Markets, 915 East 230th Street, Carson, CA 90745; 310-233-4700; Email: corporateinfo@bristolfarms.com; Web site: www.bristolfarms.com. Kroger Co. (Cincinnati/Dayton Division) trades as Kroger at 114 locations throughout IN, KY and OH. The supermarkets occupy spaces of 60,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Monte Chesko, Kroger Co. (Cincinnati/Dayton Division), 130 Tri County Parkway, Suite 324, Cincinnati, OH 45246-3217; 513-782-3463, Fax 513-782-8426; Web site: www.kroger.com. (continued on page eight)
This issue contains information on: • Retailers operating 29,765 locations with plans to open 1,852 sites • Real estate valued in excess of $92 million to be bought, sold & financed • Leasing activity on over 2.89 million sq.ft. of retail properties Postmaster: Periodical ews
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post-show icsc new england idex New Construction Newmark Merrill preleasing shopping center in Longmont, CO............................................. Pg. 4 Buyers and Sellers Lucescu Realty closes $41 million sale of a center............... Pg. 5 Food Chains Expand Rosa Mexicano to enter IL, MO and TX........................................ Pg. 6 Bar 145 plans growth in new Midwest territories...................... Pg. 6 Who’s Opening & Where KFC launches KFC eleven........... Pg. 7 Ashley Furniture tests ZZZ’s concept...................................... Pg. 7 Fred’s, Inc. rolls out Getwell Drug & Dollar............................ Pg. 7 Lease Signings Bennett Williams Realty, Inc. inks deals throughout PA............ Pg. 7 Lead Sheet Papyrus and Carlton Cards expanding nationwide................ Pg. 9 Exclusives Newmark Grubb Knight Frank reps Ace Hardware..................... Pg. 14 Space Place................................ Pg. 14 Sources of Financing Meridian Capital Group finances power center.............................. Pg. 15 Making the News Trinity Partners taps talent in the southeast.................................... Pg. 15