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Supermarkets Expanding Nationwide
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Supermarkets Expanding Nationwide Big Y Foods, Inc. trades as Big Y Supermarket at 47 locations in CT and MA. The supermarkets occupy spaces of 45,000 sq.ft. to 65,000 sq.ft. in strip and power centers. Plans call for six openings throughout the existing markets during the coming 18 months. Leases running 20 years with four five-year options are typical. For more information, contact Steve Hurwitz, Big Y Foods, Inc., 2145 Roosevelt Ave. Springfield, MA 01104; 413-784-0600, Fax 413-732-8693; Email: hurwitz@bigycom. Victory Supermarkets operates 21 locations in MA and NH. The supermarkets occupy spaces of 55,000 sq.ft to 75,000 sq.ft. in strip and power centers, freestanding, urban and downtown locations. Plans call for two openings throughout the existing markets during the coming 18 months. A land area of six acres is required for freestanding units. Preferred co-anchors include Target, T.J. Maxx and Staples. The company cites Shaw’s and Stop N Shop as competition. Leases running 20 years are typical.For more information, contact Mark Shair, c/o M&J Associates, 450 Washington St. Dedham, MA 02026; 781-326-7370; Fax 781-326-2827; Email: mshair123@msn.com. Super Valu trades as Save-A-Lot at 960 locations nationwide. The supermarkets occupy a space of 15,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Leases running five to 10 years are typical. The stores are franchised and company-owned.For more information, contact John Lechner or John Fitzgerald, Super Valu, 100 Corporate Office Drive, Earth City, MO 63045; 314-592-9100, Fax 314-592-9619. Butson’s Enterprises, Inc. trades as Butson’s Supermarkets at eight locations in NH and VT. The supermarkets occupy spaces of 30,000 sq.ft. to 45,000 sq.ft in strip centers and freestanding locations. Growth opportunities are sought throughout NH during the coming 18 months. Leases running 10 years to 20 years plus options are typical. For more information, contact David Kelly, 340 Ballardville St., Andover, MA 01810, 978-749-3926, Fax 978-749-3838; Web site: www.supervalu.com. Wakefern Food Corp . trades as Price Rite at 13 locations in CT, DE, MA, NY, PA and RI, and as ShopRite at 200 locations in CT, DE, NJ, NY and PA. Price Rite occupies spaces of 28,000 sq.ft. to 30,000 sq.ft. in urban/downtown areas, strip centers and freestanding locations, while ShopRite occupies spaces of 60,000 sq.ft. to 70,000 sq.ft. in freestanding locations, power, strip, specialty and tourist centers. Growth opportunities are sought for Price Rite throughout Worchester and Fall River, MA and Albany, NY during the coming 18 months. Growth opportunities are sought for Shop Rite throughout the existing markets during the coming 18 months. Price Rite prefers to cotenant with Rainbow Shops, T.J. Maxx, Ann & Hope, Bed Bath & Beyond and A.J. Wright. Leases running 10 years are typical. A vanilla shell and specific improvements are required. The company cites Aldi and Save-A-Lot as competition. ShopRite prefers to cotenant with Target, Home Depot, Lowe’s and big-box retailers. Leases running 20 years are typical and preferred demographics include a population of 40,000 within three to five miles for the ShopRite concept.For more information, contact Richard Matwes, Wakefern Food Corp., 33 Northfield Avenue, Edison, NJ 08818; 732-906-5235; Email: richard.matwes@wakefern.com. |