Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XXXVIII
October 5, 2012
Supermarket Chains Expand Nationwide Hy-Vee, Inc. trades as Hy-Vee Food Stores at 212 locations throughout IA, IL, KS, MN, MO, NE, SD and WI. The supermarkets, featuring bakery and floral departments, as well as a pharmacy, occupy spaces of 35,000 sq.ft. to 90,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Pete Hosch, Hy-Vee, Inc., 5820 Westown Parkway, West Des Moines, IA 50266; 515-327-2147, Fax 515267-2967; Web site: www.hy-vee.com. Food Markets Northwest, Inc. trades as Metropolitan Market at six locations throughout the Puget Sound area and western WA. The full service upscale markets, featuring bakery, meat, seafood, deli and gourmet cheese departments, occupy spaces of 25,000 sq.ft. to 32,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout 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.
Dierbergs Markets, Inc. trades as Dierbergs Markets at 24 locations throughout IL and MO. The supermarkets, featuring bakery, meat, deli, seafood and wine departments, occupy spaces of 65,000 sq.ft. to 165,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include Target, PetSmart, Petco, Michaels and T.J. Maxx. The company prefers to anchor strip centers situated on land areas of at least 20 acres. For more information, contact Jerry Ebest, Dierbergs Markets, Inc., PO Box 1070, Chesterfield, MO 63017; 636-812-1352, Fax 636-812-1607; Email: ebestj@dierbergs.com; Web site: www.dierbergs.com.
ICSC Chicago Dealmaking
Brookshire Brothers, Inc. trades as Brookshire Brothers at 104 locations throughout LA and TX. The supermarkets occupy spaces of 15,000 sq.ft. to 45,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 10,000 within 10 miles earning $45,000 as the average household income. For more information, contact Eric Rich, Brookshire Brothers, Inc., 1201 Ellen Trout Drive, Lufkin, TX 75904; 936634-8155, Fax 936-633-4733; Email: erich@brookshirebros.com.
Fannie May Fine Chocolates to open 45 units with a focus on the Midwest...................... Pg. 10
(continued on page fourteen)
This issue contains information on:
* Retailers operating 10,363 locations with plans to open 1,234 sites * Real estate valued in excess of $100 million to be bought, sold & financed * Leasing activity on over 5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring
New Construction Kimco Realty Corp. to redevelop shopping center in Fairview Heights, IL............... Pg. 3 Observations & Conversations Pg. 4 Profile Cullinan Properties................ Pg. 6 Buyers & Sellers Newmark Grubb Knight Frank moving outparcels throughout IL and WI.............................. Pg. 8 Who’s Opening & Where The Tile Shop to open 15 stores next year...................... Pg. 10
Lease Signings L3 Corp. inks deals with Dollar Tree in the Midwest.... Pg. 11 Making The News Cullinan Properties adds to its leasing and sales team........... Pg. 11 Food Retailers Expand Pepe’s Mexican Restaurants wants more sites throughout IL and IN............................... Pg. 12 Exclusives SRS Real Estate takes on dispositions for Shopko.......... Pg. 13 Sources of Financing Johnson Capital arranges financing for retail sites.......... Pg. 13 Lead Sheet HY-Vee Drugstore to enter IL and other Midwest markets.... Pg. 16 Nebraska Sporting Goods looks to make its debut in KS Pg. 18 Space Place........................... Pg. 20 Most Valuable Players........... Pg. 26
For more news go to: www.dealmakers.net Mobile Access Code: chicago1012