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Supermarkets Expand Nationwide
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| Supermarkets Expand Nationwide Stop & Shop Supermarkets Co. trades as Stop & Shop at 383 locations throughout CT, MA, NH, NJ, NY and RI. The supermarkets occupy spaces of 55,000 sq.ft. to 70,000 sq.ft. in freestanding locations on land areas of six to seven acres in urban markets. The company occupies spaces of 45,000 sq.ft. to 50,000 sq.ft. on land areas of three to four acres. Growth opportunities are sought throughout the existing markets, in addition to ME and VT, during the coming 18 months. Typical leases run 20 years. Preferred cotenants include discount department stores and home improvement stores. Preferred demographics include a population of 30,000 within two miles. For more information, contact Jim Sylvia, Stop & Shop Supermarkets Co., 1385 Hancock Street, Quincy, MA 02169; 617-770-8626, Fax 617-770-6222; Web site: www.stopandshop.com. Golub Corp. trades as Price Chopper at 115 locations throughout CT, MA, NH, NY, PA and VT. The supermarkets occupy spaces of 37,000 sq.ft. to 73,000 sq.ft. in freestanding locations and strip centers. Plans call for 10 openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred cotenants include Target and Wal*Mart. For more information, contact Don Orlando, Golub Corp., 501 Duanesburg Road, Schenectady, NY 12306; 518-355-5000, Fax 518-379-3260. Wegmans Food Markets, Inc. trades as Wegmans Food Markets at 70 locations throughout MD, NJ, NY, PA and VA. The upscale supermarkets occupy spaces of 140,000 sq.ft. in freestanding locations, lifestyle and power centers. Plans call for four openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred demographics include a population of 50,000 within three to five miles earning $75,000 as the average household income. Competition is cited as Giant, Shop Rite, Tops Supermarkets, Wal*Mart and Whole Foods. For more information, contact Paul Gilbert, Wegmans Food Markets, Inc., PO Box 30844, Rochester, NY 14603-0844; 585-464-4755, Fax 585-783-4255; Email: paul.gilbert@wegmans.com; Web site: www.wegmans.com. Meijer, Inc. trades as Meijer at 181 locations throughout IL, IN, KY, MI and OH. The centers, offering a full grocery department, in addition to automotive, electronics, fashion, health and beauty care, home décor, pharmacy and pet supplies departments, occupy spaces of 193,000 sq.ft. in freestanding locations and power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company prefers to acquire sites. For more information, contact Mike Kinstle, Meijer, Inc., 2929 Walker Avenue Northwest, Grand Rapids, MI 49544; 616-453-6711, Fax 616-735-8887; Web site: www.meijer.com. Tawa Supermarkets, Inc. trades as 99 Ranch Market at 26 locations throughout CA and WA. The specialty supermarkets occupy spaces of 30,000 sq.ft. to 35,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. The stores cater to an Asian clientele. For more information, contact Alan Lee, Tawa Supermarkets, Inc., 6281 Regio Avenue, Buena Park, CA 90620; 714-521-8899, Fax 714-521-2090; Web site: www.99ranch.com. Corrado’s Family Affair operates one location in Clifton, NJ. The specialty supermarket occupies spaces of 50,000 sq.ft. to 250,000 sq.ft. in freestanding locations and shopping centers. Growth opportunities are sought throughout NJ and NY during the coming 18 months, with representation by Landmark Real Estate Co., LLC. For more information, contact Larry Liebowitz, Landmark Real Estate Co., LLC, 20 West Ridgewood Avenue, Suite 8, Ridgewood, NJ 07450; 201-560-1800, Fax 201-390-8383; Email: ll@landmarkreco.com. Niemann Foods, Inc. trades as County Market, Cub Foods, IGA, Niemann Market and Save-A-Lot at 61 locations throughout IA, IL and MO. The supermarkets occupy spaces of 18,000 sq.ft. to 60,000 sq.ft. in freestanding locations, downtown areas and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Dave Taylor, Niemann Foods, Inc., 1501 North 12th Street, Quincy, IL 62301; 217-221-5600, Fax 217-221-5927; Web site: www.discountfoods.com. Kings Supermarket operates 26 locations throughout NJ and Long Island, NY. The supermarkets occupy spaces of 25,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Growth opportunities are sought throughout metro NY during the coming 18 months, with representation by Consolidated Affiliates, LLC. Preferred demographics include a median household income of $75,000. For more information, contact Peter Pinkard, Consolidated Affiliates, LLC, 25 South Main Street, Edison, NJ 08837; 410-819-0800, Fax 732-767-9585. Trader Joe’s operates 250 locations throughout AZ, CA, CT, DE, GA, IL, MA, MI, MO, NC, NJ, NM, NY, OH, OR, PA, WA, WI and Washington, DC. The specialty grocery stores occupy spaces of 10,000 sq.ft. to 12,000 sq.ft. in freestanding locations, power, specialty and strip centers. Growth opportunities are sought throughout central and northern NJ during the coming 18 months, with representation by R.J. Brunelli & Co., Inc. Typical leases run 10 years. Specific improvements are required. For more information, contact Ron DeLuca, R.J. Brunelli & Co., Inc., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241.
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