Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXIV No. XLIII
November 13, 2009
Supermarket Chains Expand Nationwide Shaw’s Supermarkets, Inc. trades Shaw’s Supermarket and Star Market at 194 locations throughout CT, MA, ME, NH, RI and VT. The supermarkets, featuring meat and seafood, deli, bakery, floral and wine departments, as well as prepared food items, occupy spaces of 30,000 sq.ft. to 50,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Dean Kalavritinos, Shaw’s Supermarkets, Inc., PO Box 600, East Bridgewater, MA 02333; 508313-4000, Fax 508-313-4155; Web site: www.shaws.com. Ronetco Supermarkets, Inc. trades as ShopRite Supermarkets at seven locations throughout NJ. The supermarkets occupy spaces of 65,000 sq.ft. to 75,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 25 years. A vanilla shell and specific improvements are required. Preferred cotenants include Home Depot and Target. Preferred demographics include a population of 50,000 within three miles earning $60,000 as the average household income. Major competitors include A&P, Stop & Shop and Pathmark. A land area of 10 acres is required for freestanding locations. For more information, contact Vic Pocorobba, Ronetco Supermarkets, Inc., 1070 Route 46, Ledgewood, NJ 07852; 973-927-8300 Ext. 330, Fax 973-927-4953.
My Organic Market trades as MOM’s Organic Market at five locations throughout MD and VA. The supermarkets, offering organic food items, specialty products, natural supplements and beauty items, occupy spaces of 5,000 sq.ft. to 11,000 sq.ft. in freestanding locations, specialty and strip centers and urban/downtown areas. Growth opportunities are sought throughout the existing markets, as well as Washington, DC during the coming 18 months. Preferred demographics include a population of 80,000 within five miles earning $75,000 as the average household income. Major competitors include independent organic grocers. For more information, contact Scott Nash, My Organic Market, 11711 B Parklawn Drive, Rockville, MD 20852; 301-816-1133, Fax 301-8163247; Web site: www.myorganicmarket.com. Randall’s Food Markets, Inc. trades as Randall’s Food and Drug and Tom Thumb at 112 locations throughout TX. The supermarkets occupy spaces of 59,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Austin, Dallas and Houston, TX during the coming 18 months. Preferred demographics include a population of 35,000 within three miles earning $65,000 as the average household income. For more information, contact David Hardin, Randall’s Food Markets, Inc., 3663 Briarpark Drive, Houston, TX 77042; 713-268-3500, Fax 713-268-3601. (continued on page five)
This issue contains information on:
* Retailers operating 14,353 locations with plans to open 1,031 sites * Real estate valued in excess of $10.195 million to be bought, sold & financed * Leasing activity on over 9.8 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Post-Show ICSC Chicago Dealmaking Buyers & Sellers RD Management is selling a development parcel in Mt. Olive, NJ............................... Pg. 3 Sources of Financing TBKK Corp. provides hard money loans for projects nationwide............................ Pg. 4 Openings Dot It Best will open a store in Milo, ME............................... Pg. 4 Jillian’s will open a restaurant in Peoria, IL........................... Pg. 8 New Construction COMVEST Properties is preleasing a center in Starkville, MS........................ Pg. 5 Food Retailers Expand Grill Concepts looks for sites throughout select markets nationwide............................ Pg. 6 Lease Signings Goodman Real Estate Services negotiated five leases with Spirit Halloween.................... Pg. 7 Lead Sheet Bloomingdale’s looks to open stores in major markets nationwide............................ Pg. 9 Oreck looks for sites nationwide Pg. 12 In The News Legend Properties joins TCN Worldwide............................ Pg. 14 Space Place........................... Pg. 14
For more news go to: www.dealmakers.net