Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XXXIV
September 9, 2011
Supermarket Chains Expand Nationwide Food Markets Northwest, Inc. trades as Metropolitan Market at six locations throughout the Puget Sound area of WA. The full-service supermarkets, featuring bakery, deli, meat, seafood, floral, wine and beer and housewares departments, occupy spaces of 30,000 sq.ft. to 32,000 sq.ft. in freestanding locations and strip centers. Plans call for one opening in Seattle, WA during the coming 18 months. Preferred demographics include a population of 30,000 within two miles. The company prefers to locate in areas with high vehicle and foot traffic counts. For more information, contact Dale Chandler, Food Markets Northwest, Inc., 3301 South Norfolk Street, Seattle, WA 98118; 206-763-7949, Fax 206-767-8751; Email: dchandler@unifiedgrocers.com; Web site: www.metropolitan-market.com. Aldi operates more than 1,000 locations nationwide. The discount supermarkets, featuring meat, deli, bakery, produce and wine and beer departments, occupy spaces of 16,000 sq.ft. to 19,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Long Island and the surrounding boroughs of New York, NY during the coming 18 months, with representation by Ripco Real Estate. The company will consider acquiring sites. For more information, contact Jeremy Isaacs, Ripco Real Estate, 420 Jericho Turnpike, Suite 100, Jericho, NY 11753; 516-933-8880, Fax 516-933-2514; Email: jisaacs@ripcony.com; Web site: www.ripcony.com.
Winco Foods, LLC trades as Winco Foods at 80 locations throughout CA, ID, NV, OR, UT and WA. The supermarkets occupy spaces of 90,000 sq.ft. to 100,000 sq.ft. in freestanding locations and power and value centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a population of 100,000 within five miles. A land area of nine acres is required for freestanding locations. The company prefers to acquire sites. For more information, contact Morgan Randis, Winco Foods, LLC, PO Box 5756, 208-672-2072, Fax 208-377-0474; Email: morganr@wincofoods.com; Web site: www.wincofoods.com. Spartan Stores trades as Family Fare’s, Glen’s Markets, Felpausch, VG’S Food & Pharmacy, Quickstops and D&W Freshmarkets at 100 locations throughout MI and OH. The supermarkets occupy spaces of 21,000 sq.ft. to 50,000 sq.ft. in freestanding locations and endcaps of strip centers. Plans call for two to four openings throughout MI during the coming 18 months. Typical leases run 15 to 20 years. Specific improvements are required. A land area of seven to 10 acres is required for freestanding locations. For more information, contact Cliff Sasfy, Spartan Stores, PO Box 8700, Grand Rapids, MI 49518; 616-878-2000, Fax 616-878-8561; Email: cliff_sasfy@spartanstores.com; Web site: www.spartanstores.com. (continued on page ten)
This issue contains information on:
* Retailers operating 40,391 locations with plans to open 3,014 sites * Real estate valued in excess of $98.3 million to be bought, sold & financed * Leasing activity on over 5.1 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Western Division Conference New Construction Armstrong Development Properties, Inc. is developing projects throughout AZ.......... Pg. 3 Observations & Conversations Pg. 4 Profile Total Woman Gym & Day Spa Pg. 6 Openings Sunflower Farmers Market opening five locations throughout CA by late 2012 Pg. 7 Buyers and Sellers CB Richard Ellis is selling a 40,000 sq.ft. outlot to a center in Apple Valley, CA............... Pg. 8 Food Retailers Expand Islands Restaurants looks to grow throughout northern and southern CA.................... Pg. 9 In the News Lowe Enterprises hired Hanns Lee as senior vice president, head of northern CA office.... Pg. 11 Lease Signings Velocity Retail Group, LLC negotiated leases with Mattress Firm throughout Tucson, AZ............................ Pg. 12 Lead Sheet Planet Beauty, Inc. seeking sites throughout CA............... Pg. 14 99 Cents Only Stores opening locations in AZ, CA, NV and TX Pg. 16 Sources of Financing BMC Capital provides financing for net-leased properties.............................. Pg. 17 Exclusives Next Realty Mid-Atlantic, LLC represents Kohl’s throughout Washington, DC.................... Pg. 17 Space Place........................... Pg. 18
For more news go to: www.dealmakers.net Mobile Access Code: western2011