Reporting The Nation’s Weekly News on Retailing & Retail Real Estate
Volume XXVII No. XIX
May 11, 2012
Supermarket Chains Expand Nationwide Albeco, Inc. trades as Mollie Stone Markets at nine locations throughout CA. The supermarkets, featuring bakery, deli, floral, produce, seafood and wine and spirits departments, as well as offering international and gluten free food products, occupy spaces of 7,500 sq.ft. to 30,000 sq.ft. in lifestyle, specialty and tourist centers, in addition to urban/downtown areas. Growth opportunities are sought throughout the San Francisco Bay area 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. For more information, contact Mike Stone, Albeco, Inc., 150 Shoreline Highway, Building D, Mill Valley, CA 94941; 415289-5720, Fax 415-289-0141; Web site: www.molliestones.com. Golub Corp. trades as Price Chopper at 128 locations throughout CT, MA, NH, NY, PA and VT. The supermarkets, featuring produce, meat and seafood departments, as well as offering a pharmacy, occupy spaces of 30,000 sq.ft. to 60,000 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. For more information, contact Don Orlando, Golub Corp., 461 Knott Street, Schenectady, NY 12308; Web site: www.pricechopper.com.
Roundy’s Supermarkets, Inc. trades as Mariano’s Fresh Market at five locations throughout Arlington Heights, Chicago, Palatine and Vernon Hills, IL. The supermarkets, featuring seafood, meat, deli, bakery, floral, produce and wine, beer and spirits departments, as well as offering health and beauty items, specialty, gluten free and prepared food products, occupy spaces of 65,000 sq.ft. to 80,000 sq.ft. in suburban and urban areas. Growth opportunities are sought throughout the Chicagoland area of IL during the coming 18 months, with representation by Witherell Real Estate. For more information, contact Andy Witherell, Witherell Real Estate, 850 West Jackson, Suite 701, Chicago, IL 60607; 773-9914932; Email: andy@witherellrealestate.com; Web sites: www.witherellrealestate.com and www.marianosfreshmarket.com. Stater Bros. Markets operates 167 locations throughout southern CA. The supermarkets, featuring bakery, deli, meat, seafood and produce departments, occupy spaces of 44,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Bill Corridan or Michael Slaton, Stater Bros. Markets, 301 South Tippecanoe, San Bernardino, CA 92408; 909-733-5003/5002, Fax 909-733-4003; Email: bill.corridan@staterbros.com; Web site: www.statebros.com. (continued on page twenty-two)
This issue contains information on:
* Retailers operating 13,549 locations with plans to open 1,710 sites * Real estate valued in excess of $66 million to be bought, sold & financed * Leasing activity on over 5 million sq.ft. of retail properties
Important News Please Expedite
Postmaster: Periodical
Featuring Pre-Show ICSC RECon 2012 New Construction Carolina Holdings is developing a center in Gainesville, FL........ Pg. 4 Observations & Conversations Pg. 6 Who’s Opening and Where Pier 1 Imports projects 20 new locations next year......... Pg. 8 Food Retailers Expand Darden Restaurants continues growth................................... Pg. 10 Golden Hibachi Grill to enter five new markets................... Pg. 12 Lease Signings L3 Corporation inks deal with PetSmart........................ Pg. 14 Exclusives CB Richard Ellis reps Hobby Lobby throughout New England................................. Pg. 16 Making the News Glimcher Realty Trust promotes Kampf.................... Pg. 18 Buyers & Sellers Ross Realty Investments looks for acquisitions in southern FL.......................................... Pg. 26 PRC Commercial acquiring single-tenant properties.......... Pg. 26 Lead Sheet Loeks Theatres expanding nationwide............................ Pg. 28 Famous Footwear plans 50 openings................................ Pg. 28 Space Place........................... Pg. 34 ICSC RECon Floor Plan......... Pg. 50 Most Valuable Players........... Pg. 58
For more news go to: www.dealmakers.net Mobile Access Code: prerecon2012