Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXXV
September 14, 2012
Supermarket Chains Expand Nationwide Niemann Foods, Inc. trades as County Market and Save-A-Lot at 68 locations throughout IA, IL and MO. The supermarkets, featuring produce, bakery, deli and meat departments, as well as a pharmacy, occupy spaces of 18,000 sq.ft. to 60,000 sq.ft. in freestanding locations, strip centers and downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company is also in the process of rolling out County Market Express convenience stores, and now has about 20 units currently operating. For more information, contact Jon Vrandenburg, Niemann Foods, Inc., 1501 North 12 Street, Quincy, IL 62306; 217-221-5600, Fax 217-221-5927; Web sites: www.countymarket.com and www.save-a-lot.com. Meijer, Inc. trades as Meijer at 199 locations throughout IL, IN, KY, MI and OH. The centers, featuring a full service grocery department, as well as apparel, automotive, home décor, health and beauty, electronics and pet supplies departments, in addition to a pharmacy, occupy spaces of 156,000 sq.ft. to 192,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A land area of 15 to 25 acres is required for freestanding locations. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616-453-6711, Fax 616-735-8887; Web site: www.meijer.com.
AHOLD USA trades as Stop & Shop at 375 locations throughout CT, MA, NH, NJ, NY and RI. The supermarkets, featuring deli, meat, produce, bakery, and floral departments, as well as a pharmacy and gasoline facilities in select locations, occupy spaces of 35,000 sq.ft. to 70,000 sq.ft. in freestanding locations, mixed-use and strip centers, as well as urban/ downtown areas. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred cotenants include home improvement retailers and discount department stores. Preferred demographics include a population of 30,000 within two miles. For more information, contact Tara Mullen, AHOLD USA, 1385 Hancock Street, Quincy, MA 02169; 617-770-8626, Fax 617-770-6222; Web site: www.stopandshop.com.
ICSC PA/NJ/DE Idea Exchange ICSC Virginia Idea Exchange
AB Supermarket trades as Key Food Marketplace at two locations throughout NY. The supermarkets, featuring meat, seafood, deli, produce and bakery departments, occupy spaces of 21,100 sq.ft. in strip centers. Growth opportunities are sought throughout Brooklyn, NY during the coming 18 months. For more information, contact Anthony Bileddo, AB Supermarket, 153rd and 7th Avenue, Garden City, NY 11530; 516742-2713, Fax 516-739-8443; Email: abileddo@keyfoodmarketplace.com; Web site: www.keyfoodmarketplace.com.
Exclusives Cohen Commercial reps The Fish nationwide...................... Pg. 14
(continued on page ten)
This issue contains information on:
* Retailers operating 12,175 locations with plans to open 1,304 sites * Real estate valued in excess of $96 million to be bought, sold & financed * Leasing activity on over 6 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring
New Construction RD Management LLC is preleasing a shopping center in Parsippany, NJ.................... Pg. 3 Observations & Conversations Pg. 4 Profile ROCK Commercial Real Estate Pg. 6 Buyers & Sellers Marcus & Millichap sells supermarket anchored center in Lewisburg, PA.................... Pg. 8 Food Retailers Expand Grill Fire to enter NJ............... Pg. 11 Jimmy John’s Gourmet Sandwiches grows in DE, NJ and PA................................... Pg. 11
Who’s Opening & Where YoGo Factory Frozen Yogurt to open 15 units in PA................ Pg. 16 Red Mango plans 30 locations in NJ....................................... Pg. 16 Lead Sheet Planet Beauty to enter DC...... Pg. 17 S & A Stores eyes Philadelphia, PA as a new market................ Pg. 19 Lease Signings Soloff Realty & Development inks two deals with Dollar General in Philadelphia, PA Pg. 24 R.J. Waters & Associates signs T.J. Maxx in Exton, PA............ Pg. 24 Sources of Financing Meridian Capital Group closing loans...................................... Pg. 24 Making The News MB Real Estate brings on more tenant reps.............................. Pg. 24 Space Place............................ Pg. 25 Most Valuable Players............ Pg. 34
For more news go to: www.dealmakers.net Mobile Access Code: panjde2012