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Supermarkets Expanding Nationwide
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Supermarkets Expanding NationwideAlbertson’s Southwest Division trades as Albertson’s at 80 locations in AZ, CA, NM and TX. The supermarkets occupy spaces of 60,000 sq.ft. in power centers. Growth opportunities are sought in the southwest. The company also does business as Osco Drug Stores at 50 locations in AZ, CA, NM and TX. The drugstores, selling health, beauty and pharmacy supplies, occupy spaces of 16,000 sq.ft. in power centers. Growth opportunities are sought in the southwest. For more information, contact Gordon Keig, Albertson’s Southwest Division, 400 South 99th Avenue, #200, Tolleson, AZ 85353; 602-382-5300, Fax 602-382-5333.
Alex-Lee Inc. trades as Lowes Food, Galaxy Stores, IGA and Just $ave Food at 102 locations in NC and VA. The supermarkets occupy spaces of 15,000 sq.ft. to 50,000 sq.ft. in power, strip and value centers. Plans call for 15 openings in the coming 18 months. Expansion will take place in the existing markets. Demographic requirements include a population of 30,000 within five miles earning $50,000 as the average income. Leases running 20 years are typical. For more information, contact Roger Henderson, Alex-Lee Inc., 1381 Old Mill Circle, Winston-Salem, NC 27114; 336-659-0180; 336-659-2434.
The Fresh Market, Inc. operates 25 locations in FL, GA, IN, KY, NC, OH, SC, TN and VA. The upscale, specialty supermarkets occupy spaces of 18,400 sq.ft. in freestanding locations, power, strip and specialty centers. Plans call for eight openings in the coming 18 months. Expansion will take place in the AL, FL, GA, KY, NC, SC, TN and VA. Demographic requirement include a population of 100,000 residing within five miles earning $60,000 as the average income. A vanilla shell or tenant improvement allowance is required. For more information, contact Tom McLeod, The Fresh Market, Inc., 507 Thomas Bransby, Williamsburg, VA 23185; 757-229-3201, Fax 757-229-1845.
Bashas’ Inc. trades as AJ’s Fine Foods at six locations in AZ. The supermarkets, which sell upscale gourmet foods, occupy spaces of 28,000 sq.ft. in downtown storefronts, freestanding locations and strip centers. Plans call for one opening in the coming 18 months. Expansion will take place in AZ. The company also does business as Bashas’ at 69 locations in AZ and CA. The supermarkets occupy space of 57,000 sq.ft. in downtown storefronts, freestanding locations and strip centers. Growth opportunities are sought in the existing market. Leases of 20 years are typical. The company also trades as Food City at 21 locations in AZ. The ethnically-oriented supermarkets occupy spaces of 50,000 sq.ft. in downtown storefronts, freestanding locations and strip centers. Growth opportunities are sought in the existing market. A lease of 20 years is typical. For more information, contact John Basha, Bashas’ Inc., P.O. Box 488, Chandler, AZ 85244; 480-895-9350, Fax 480-895-5340.
Binghamtom Giant Markets Inc. trades as Giant Food Market at 12 locations in NY. The supermarkets occupy spaces of 30,000 sq.ft. to 40,000 sq.ft. in freestanding locations and strip centers. Plans call for two openings in the coming 18 months. Expansion will take place in NY and PA. The company prefers to own its sites. For more information, contact Ferris Akel, Binghamtom Giant Markets Inc., 2540 Bestal Parkway East, P.O. Box 895, Bestal, NY 13851; 607-763-8770, Fax 607-763-8774.
Supervalu, Inc. trades as Cub Foods, Save-A-Lot, Shop ‘N Save, Scott’s Foods, Hornbacher’s, Bigg’s, Bigg’s Foods and Laneco at 455 locations nationwide. The supermarkets occupy spaces of 65,000 sq.ft. to 200,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought nationwide. For more information, contact Ruben Johnson, Supervalu, Inc., P.O. Box 4441, Minneapolis, MN 55440; 612-828-4000, Ext. 8910, Fax 612-828-8955.
H.E.B. Grocery Company trades as H.E.B. Pantry and H.E.B. Food & Drug at 273 locations in TX, LA and Mexico. The supermarkets occupy spaces of 28,000 sq.ft. to 99,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought in TX (Dallas/Ft. Worth). For more information, contact Eric Moede, H.E.B. Grocery Company, 646 South Main, San Antonio, TX 78204; 210-938-8931, Fax 210-938-8530.
Woodman’s Food Market operates eight locations in WI. The supermarkets, which include a food merchandising center, self-serve gas, car wash and automotive lubrication center, occupy spaces of 210,000 sq.ft. to 250,000 sq.ft. in freestanding locations and power centers. Plans call for as many as two openings in the coming 18 months. Expansion will take place in WI. The company buys large parcels and develops them, with a land area of over 20 acres required. For more information, contact Bret Backus, Woodman’s Food Market, c/o Raven Development, 7818 Big Sky Drive, Suite 201, Madison, WI 53719; 608-829-2930, Fax 608-829-1457.
Wakefern Food Corp. trades as ShopRite at 200 locations in CT, DE, NJ, NY and PA. The supermarkets occupy spaces of 60,000 to 70,000 sq.ft. in freestanding, urban/downtown locations, power and strip centers. Growth opportunities are sought in the existing market. Demographic requirements include a population of 40,000 to 60,000 within five miles earning $20,000 to $30,000 as the average income. Leases of 10 years with four five-year options are typical, and the company prefers build to suits or ground leases. The company also trades as Price Rite at seven locations in CT, MA and RI. The supermarkets occupy spaces of 28,000 sq.ft. to 30,000 sq.ft. in freestanding locations, urban/downtown sites, power and strip centers. Growth opportunities are sought in NJ and PA (Philadelphia, Scranton and Wilkes-Barre). The company prefers to locate in middle-income areas. Leases running 10 years with four five-year options are typical, with existing buildings/closed supermarkets preferred. Aldi is cited as competition for the Price Rite concept. For more information, contact Richard Matwes, Wakefern Food Corp., 33 Northfield Avenue, Edison, NJ 08818; 732-906-5235, Fax 732-906-5231.
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