Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXVIII No. XXXVIII
October 4, 2013
FEATURING supermarket Chains Expand Nationwide Fiesta Mart, Inc. trades as Fiesta Mart at 57 locations throughout Austin, Dallas/Ft. Worth and Houston, TX. The supermarkets occupy spaces of 35,000 sq.ft. to 60,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout TX during the coming 18 months, with representation by United Equities. Typical leases run 10 years. For more information, contact Buster Freedman, United Equities, 4545 Bissonnett Street, Suite 100, Bellaire, TX 77401; 713-772-6262, Fax 713-981-4035; Email: bfreedman@unitedquities.com; Web site: www.unitedequities.com. Winco Foods, LLC trades as Winco Foods at 88 locations throughout AZ, CA, ID, NV, OR, Dallas/ Ft. Worth, TX, UT and WA. The supermarkets, featuring deli, seafood, bakery, meat and produce departments, as well as offering bulk food items, occupy spaces of 85,000 sq.ft. to 100,000 sq.ft. in freestanding locations, 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 Greg Goins, Winco Foods, LLC, 650 North Armstrong Place, Boise, ID 83704; 208-672-2072; Email: greg.goins@wincofoods.com; Web site: www.wincofoods.com.
Meijer, Inc. trades as Meijer at 204 locations throughout IL, IN, KY, MI and OH. The stores, featuring a full service grocery department, as well as apparel, health and beauty, electronics, home décor and pharmacy departments, 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, in addition to WI, during the coming 18 months. A land area of 15 to 25 acres is required. The company plans to operate 213 locations by the end of 2014. 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. Norrenberns Foods, Inc. trades as Tom’s Supermarkets and Tom’s Priced Right Foods at five locations throughout IL. The supermarkets occupy spaces of 15,000 sq.ft. to 25,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. A vanilla shell is required. Preferred demographics include a population of 10,000 within two miles earning $35,000 as the average household income. For more information, contact Don Norrenberns, Norrenberns Foods, Inc., 205 East Harnett Street, Mascoutah, IL 62258; 618-566-7010, Fax 618-566-4081; Web site: www.tomsmarkets.com. (continued on page fourteen)
This issue contains information on: • Retailers operating 36,984 locations with plans to open 1,927 sites • Real estate valued in excess of $187 million to be bought, sold & financed • Leasing activity on over 3.3 million sq.ft. of retail properties s Postmaster: Periodical New nt a te rt di Impo se Expe Plea
icsc chicago dealmaking New Construction Newmark Knight Frank Halakar preleases center in Indianapolis.... Pg. 3 Observations & Conversations
Pg. 4
State of the Industry | ICSC Chicago Dealmaking Focus........ Pg. 6 Buyers and Sellers Brauvin Real Estate makes big acquisition and wants more........ Pg. 8 Who’s Opening & Where Field & Stream anticipates operating 55 stores by 2017....... Pg. 10 Food Chains Expand Noodles & Co. to expand in WI
Pg. 11
Lease Signings The Lord Companies inks deal with Evolve Fitness in Chicago... Pg. 12 Making the News Cullinan Properties taps new vice president and director of leasing Pg. 14 Sources of Financing Capstone Financial Solutions closes two loans in TX................ Pg. 14 Exclusives Reisenfeld & Co. reps Snap Fitness in the greater Cincinnati market........................................ Pg. 16 Lead Sheet Stein Mart expands nationwide.... Pg. 18 Planet Fitness continues national growth........................................ Pg. 19 Wash Pro USA to expand in Chicagoland............................... Pg. 19 Space Place................................ Pg. 24