Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXV No. XLIV
November 19, 2010
Supermarket Chains Expand Nationwide Supersave trades as North Texas Supersave and Weatherford Supersave at five locations throughout the Dallas/Ft. Worth, TX metropolitan area. The supermarkets occupy spaces of 22,000 sq.ft. to 41,000 sq.ft. in freestanding locations. The supermarkets also feature deli and bakery departments. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five to 10 years. Preferred cotenants include dollar stores. For more information, contact Bill Kiker, Supersave, 102 College Park Drive, Weatherford, TX 76086; 817599-0607, Fax 817-596-5599; Web site: www.supersavefoods.com.
Big Saver Foods operates 16 locations throughout CA. The supermarkets occupy spaces of 20,000 sq.ft. to 40,000 sq.ft. in freestanding locations, power and strip centers and urban/downtown areas. Growth opportunities are sought throughout southern CA during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 100,000 within two miles earning $30,000 as the average household income. Major competitors include R-Ranch Markets. The company prefers to locate in areas with high foot and vehicle traffic counts. For more information, contact Ukabhai Solanki, Big Saver Foods, 4260 Charter Street, City of Vernon, CA 90058; 323-582-7222, Fax 323-582-2331.
General Real Estate Corp. trades as Sedano’s Supermarkets at 34 locations throughout central and southern FL. The supermarkets occupy spaces of 25,000 sq.ft. to 45,000 sq.ft. in freestanding locations and neighborhood and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run five years with four, fiveyear options. Preferred demographics include a population of 25,000 within three miles. The company prefers to locate in areas with high foot and vehicle traffic counts. For more information, contact Damon DelRossi, General Real Estate Corp., 8500 Southwest 8th Street, Suite 228, Miami, FL 33144; 305-262-6533, Fax 305-262-4118; Web site: www.sedanos.com.
Walter Lagestee, Inc. trades as Walt’s Food Center at seven locations throughout IL and IN. The supermarkets occupy spaces of 45,000 sq.ft. to 55,000 sq.ft. in freestanding locations and strip and value centers. Growth opportunities are sought throughout IL during the coming 18 months. Typical leases run 10 to 20 years. A vanilla shell is required. Preferred cotenants include Lord & Taylor and T.J. Maxx. Preferred demographics include a population of 35,000 within 10 miles earning $65,000 to $75,000 as the average household income. For more information, contact Bob Lagestee, Walter Lagestee, Inc., 330 West Taft Drive, South Holland, IL 60473; 708-596-3166, Fax 708-5960888; Web site: www.waltsfoods.com. (continued on page twelve)
This issue contains information on:
* Retailers operating 64,785 locations with plans to open 5,552 sites * Real estate valued in excess of $33.9 million to be bought, sold & financed * Leasing activity on over 4 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring ICSC Texas Conference New Construction NewQuest Properties is developing a mixed-use project in New Braunfels, TX................ Pg. 3 Observations & Conversations Pg. 4 Buyers & Sellers The Weitzman Group is selling a center situated on 8.8 acres in Plano, TX.................................. Pg. 5 Profile CB Richard Ellis – Houston....... Pg. 6 Food Retailers Expand Rocky Mountain Chocolate Factory seeking locations nationwide............................... Pg. 7 Openings Anna’s Linens, Inc. to open 40 Anna’s Linens stores nationwide next year.................................. Pg. 8 Donatos plans to double its restaurant count during the coming 10 years....................... Pg. 10 In the News Aztec Group, Inc. hired Kevin Miliffe as director..................... Pg. 9 Lease Signings Planned Community Developers, Ltd. negotiated a lease with Designs in Gems for space in Sugar Land, TX............ Pg. 9 Exclusives Retail Net Lease Properties, Inc. represents Rolling Rice Japanese Restaurants throughout select markets in CA........................... Pg. 11 Lead Sheet Enmark looks to open locations throughout markets in GA and NC........................................... Pg. 13 Calloway’s Nursery, Inc. seeking sites throughout TX................... Pg. 16 Space Place.............................. Pg. 17
For more news go to: www.dealmakers.net Mobile Access Code: texasconf2010