Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVI No. XL
October 21, 2011
Supermarket Chains Expand Nationwide Tietgens Enterprises trades as Tietgens Super Rama at six locations throughout central TN. The supermarkets occupy spaces of 14,000 sq.ft. to 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Major competitors include Bi-Lo, Kroger and Walmart. The company prefers to acquire sites. For more information, contact Ed Tietgens, Tietgens Enterprises, 707 Brass Lantern Place, Brentwood, TN 37027; 615-373-0769, Fax 615373-7325. Albeco, Inc. trades as Mollie Stone’s Markets at nine locations throughout CA. The upscale supermarkets, featuring bakery, deli, cheese, produce, wine and liquor, seafood and floral departments, as well as offering gluten-free and international foods and private-label products, occupy spaces of 7,500 sq.ft. to 30,000 sq.ft. in lifestyle, specialty and tourist centers, as well as urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area of CA during the coming 18 months. Typical leases run 35 years. Preferred demographics include a population of 20,000 within one mile earning $100,000 as the average household income. Major competitors include Whole Foods Market. For more information, contact Mike Stone, Albeco, Inc., 150 Shoreline Highway, Building D, Mill Valley, CA 94941; 415-289-5720, Fax 415289-0141; Web site: www.molliestones.com.
Brookshire Grocery Co. trades as Brookshire Food Stores and Super 1 Stores at 152 locations throughout AR, LA and TX. The supermarkets, featuring bakery, deli, meat, produce, seafood and floral departments, as well as a pharmacy and photo center, occupy spaces of 30,000 sq.ft. to 70,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout southern AR, LA and eastern TX during the coming 18 months. Typical leases run 15 to 20 years. Major competitors include Albertsons, Kroger and Walmart Supercenter. A land area of five to six acres is required for freestanding locations. The company prefers to acquire sites. For more information, contact John Broderhausen, Brookshire Grocery Co., 1600 West Southwest Loop 323, Tyler, TX 75701; 903-534-3000, Fax 903-534-2217; Web site: www.brookshires.com. Autry Greer & Sons, Inc. trades as Greers at 29 locations throughout AL, FL and MS. The supermarkets, also offering catering services, occupy spaces of 12,000 sq.ft. to 28,000 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 Barton Greer, Autry Greer & Sons, Inc., 2850 West Main Street, Prichard, AL 36612; 251-457-8655, Fax 251-456-3744; Web site: www.greers.com. (continued on page eight)
This issue contains information on:
* Retailers operating 57,457 locations with plans to open 3,760 sites * Real estate valued in excess of $208.6 million to be bought, sold & financed * Leasing activity on over 8.7 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Canada Convention New Construction Fameco Real Estate is preleasing a 425,000 sq.ft. center in Teterboro, NJ.......... Pg. 3 Openings Crumbs Holdings, LLC projects operating 200 stores nationwide by the end of 2014..................................... Pg. 4 Whole Foods Market, Inc. introducing new Wellness Club concept in five cities..... Pg. 9 Buyers and Sellers Henzlik-Oliver Real Estate Cos., LLC acquired a center in AR......................................... Pg. 5 Exclusives Epsteen & Associates represents retailers throughout markets in CA........................ Pg. 6 Sources of Financing The Telemarque Group, Ltd., LLC provides financing for properties nationwide............ Pg. 6 Food Retailers Expand CKE Restaurants, Inc. opening sites throughout 17 states nationwide............................ Pg. 7 In the News Lee & Associates names two senior vice presidents in its Chicago, IL office................... Pg. 10 Lease Signings Mid-America Asset Management, Inc. negotiated leases throughout IL............... Pg. 10 Lead Sheet Children’s Learning Advenuture looks to enter the CA market Pg. 12 Party City plans 35 to 50 openings nationwide............. Pg. 13 Space Place........................... Pg. 16
For more news go to: www.dealmakers.net Mobile Access Code: canada2011