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Supermarkets Expanding Nationwide
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Supermarkets Expanding NationwideWinn-Dixie Midwest Division trades as Winn-Dixie and Thriftway at 58 locations throughout IN, KY and OH. The supermarkets occupy spaces of 35,000 sq.ft. to 60,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout IN, KY, OH and TN (central and western) during the coming 18 months. Typical leases are 20-year build-to-suits. Demographic requirements include a population of 25,000 residing within the trade area. For more information, contact William Northcut, Winn-Dixie Midwest Division, 720 Locust Lane, Louisville, KY 40217; 502-635-8294, Fax 502-635-8350.
JTM Corp. trades as Piggly Wiggly and Piggly Wiggly Warehouse Food at 13 locations in AL and GA. The supermarkets occupy spaces of 33,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought in AL and GA during the coming 18 months. The company prefers to purchase property. For more information, contact James Milligan, JTM Corp., 3745 US Highway 80 W, Phenix City, AL 36870; 334-298-1974, Fax 334-298-5112.
Albertsons (Southwest Division) operates 80 locations in AZ, CA, NM and TX. The supermarkets occupy spaces of 60,000 sq.ft. in freestanding locations, power and strip centers. Growth opportunities are sought throughout the southwest region. For more information, contact Gordon Keig, Albertsons (Southwest Division), 400 South 99th Avenue, #200, Tolleson, AZ 85353; 602-382-5300, Fax 602-382-5333.
C & K Markets, Inc. trades as Rays Food Place, Rays Food Warehouse, Murphy Select and Rays Shop Smart at 48 locations in CA and OR. The supermarkets occupy spaces of 20,000 sq.ft. to 46,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought in northern CA and southern OR. Demographic requirements include a population of 7,000 residing within three miles. Leases running 20 years plus two five-year options are typical. Land requirements are four acres. For more information, contact Rex Scoggins or Ed Kessler, C & K Markets, Inc., 615 Fifth Street, Brookings, OR 97415; 541-469-3113, Fax 541-469-6717.
Delhaize America, Inc. trades as Food Lion and Kash N Karry at 1,300 locations in DE, FL, GA, KY, MD, NC, PA, SC, TN, VA and WV. The supermarkets occupy spaces of 33,000 sq.ft. to 45,000 sq.ft. in power and strip centers. Plans call for as many as 65 openings during the coming 18 months. Expansion will take place throughout the existing markets. Leases running 20 years with options are typical, and specific improvements are required. The company requires a land area of 4.5 to six acres. For more information, contact Bill Kepley, Delhaize America, Inc., 2110 Executive Drive, Salisbury, NC 28145; 704-633-8250, Fax 704-636-4940; Web site: www.foodlion.com; Web site: www.kashnkarry.com; Email: realestate@foodlion.com.
The Fresh Market operates 30 locations in FL, GA, IN, KY, NC, OH, SC, TN and VA. The upscale supermarkets occupy spaces of 18,400 specialty, mixed-use and strip centers. Plans call for eight openings during the coming 18 months. Expansion will take place in AL, FL, GA, IN, KY, NC, OH, SC, TN and VA. Upscale cotenants are preferred, including Lord & Taylor and Target. Leases running 10 years in second generation space and 15 to 20 years for build-to-suits, with options, are typical. For more information, contact Tom McLeod, The Fresh Market, Inc., 507 Thomas Bransby, Williamsburg, VA 23185; 757-229-3201, Fax 757-229-1845.
Koshan Inc. trades as Payless Foods at eight locations in CA. The supermarkets occupy spaces of 25,000 sq.ft. in freestanding locations, malls, mixed-use and value centers. Three openings are planned during the coming 18 months. Expansion will take place in CA. The company cites Ralphs and Vons as competition. Preferred cotenants include TJ Maxx. Leases running 10 years with six five-year options are typical. Land area required is 100,000 sq.ft. For more information, contact Bijan Rodd, Koshan Inc., 13658 Hawthorne Boulevard, Suite 400, Hawthorne, CA 90250; 310-675-3000, Fax 310-675-0705.
Winn-Dixie Raleigh NC Division trades as Winn-Dixie at 129 locations in GA, NC, SC and VA. The supermarkets occupy spaces of 38,000 sq.ft. to 51,000 sq.ft. in freestanding locations and strip centers. Plans call for as many as five openings during the coming 18 months in the existing markets. Demographic requirements include a population of 25,000 within two miles. For more information, contact Jim Kaus, Winn-Dixie Raleigh NC Division, 833 Shotwell Road, Clayton, NC 27520; 919-550-7110, Fax 919-550-7119. |