Reporting The Nation’s Weekly News on Retailing & Retail Real Estate Volume XXX No. IX
March 6, 2015
FEATURING SUPERMARKET CHAINS EXPAND NATIONWIDE ShopRite operates more than 250 locations throughout CT, DE, MD, NJ, NY and PA. The supermarkets occupy spaces of 65,000 sq.ft. to 70,000 sq.ft. in freestanding locations and neighborhood, power and strip centers, as well as urban/downtown areas. Growth opportunities are sought throughout CT, DE, MD, NJ, all surrounding counties of greater New York, NY with an emphasis on Long Island and the surrounding boroughs, as well as in PA during the coming 18 months. Preferred demographics include a population of 40,000 to 60,000 within five miles. A land area of seven to 10 acres is required for freestanding locations. For more information, contact Tish Daly, Lisa Ham, Craig Grybowski, Richard Matwes or Alex Arancio, Wakefern Food Corp., 33 Northfield Avenue, Edison, NJ 08837; Email: tish.daly@wakefern.com; Web site: www.shoprite.com. Jons Markets, Inc. trades as Jons Marketplace at 13 locations throughout CA. The supermarkets occupy spaces of 20,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout southern CA during the coming 18 months. For more information, contact John Berberian, Jons Markets, Inc., 5315 Santa Monica Boulevard, Los Angeles, CA 90029; 323-460-4646, Fax 323962-2754; Email: corp@jonsmarketplace.com; Web site: www.jonsmarketplace.com.
Demoulas Supermarkets, Inc. trades as Market Basket at more than 70 locations throughout MA, ME and NH. The supermarkets occupy spaces of 76,000 sq.ft. to 135,000 sq.ft. in freestanding locations, outlet, power and specialty centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing markets, in addition to RI, during the coming 18 months, with representation by RMD, Inc. Preferred cotenants include Walmart, discount retailers and junior department stores. The company prefers new construction opportunities. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978-851-0200, Fax 978-851-4962; Email: mkettenbach@rmd-inc.net; Web sites: www.rmd-inc.net and www.mydemoulas.net. G.F. Buche Co. trades as Buche’s Foods and Gus Stop at 11 locations throughout SD. The supermarkets occupy spaces of 14,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Lucy Leines, G.F. Buche Co., 102 South Main Street, Wagner, SD 57380; 605-384-4300, Fax 605-3844333; Email: lucy@gfbucheco.com; Web site: www.buchefoods.com. (continued on page seven)
THIS ISSUE CONTAINS INFORMATION ON: • Retailers operating 38,721 locations with plans to open 2,854 sites • Real estate valued in excess of $188 million to be bought, sold & financed • Leasing activity on over 2 million sq.ft. of retail properties WS Postmaster: Periodical T NE E N A T R DIT IMPO SE EXPE A PLE
POST-SHOW ICSC MID-ATLANTIC CONFERENCE New Construction Schuckman Realty, Inc. is preleasing a retail development in Roslyn, NY............................. Pg. 3 Buyers and Sellers Primestor Development, Inc. acquired retail assets in AZ, CA and TX........................................ Pg. 4 Who’s Opening and Where Batteries + Bulbs to open 50 locations..................................... Pg. 5 Native Foods Café to open 30 units........................................... Pg. 5 Food Chains Expand Five Guys Famous and Fries expanding in select areas in NY and CT....................................... Pg. 6 Making the News Velocity Retail Group taps vice president.................................... Pg. 7 Sources of Financing Cronheim Mortgage places $48 million loan................................ Pg. 7 Lease Signings Bennett Williams Realty, Inc. inks deal with Amelia’s Grocery Pg. 8 Exclusives and Tenant Reps R.J. Brunelli & Co. represents Speedpro Imaging nationwide.... Pg. 8 Lead Sheet U.S. Money Shop to enter select markets in NC and SC................ Pg. 11 Drybar to enter FL, NV and PA.... Pg. 11 Cost Plus World Market to open up to 25 stores............................ Pg. 11 Vans to open 25 to 30 stores...... Pg. 12 Space Place................................ Pg. 14