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Mergers & Acquisitions

  • Surplus Retail Property in the Northeast

    While owners and developers are redeveloping, expanding and beginning to plan new developments across the Northeast, property surpluses created by the recession remain. Where are these surpluses? How will they be disposed of? Chain Store Age asked Andy Graiser, co-president of A&G Realty Partners, to talk about disposition today in the Northeast. Graiser is a property disposition expert with more than 25 years of experience with retail real estate.

    Characterize surplus retail real estate in the Northeast.

  • Tops Friendly Markets returns to local ownership

    Williamsville, N.Y. -- Tops Friendly Markets, a leading full-service grocery retailer in upstate New York, Northern Pennsylvania, and Western Vermont, announced that the previously announced acquisition of Tops Holding II by a group of senior managers of the company led by Tops president and CEO, Frank Curci, closed on Dec. 1.

  • SodaStream satisfies thirst for new Americas exec

    SodaStream International named veteran entertainment industry executive Scott Guthrie as regional general manager of the Americas reporting directly to CEO Daniel Birnbaum.

  • Northeast Market Profile Case History: Fashion Bug Disposition

    Disposition firm: A&G Realty Partners

    Number of properties: 600

    Locations: 95% in strip centers, with the balance in middle market malls across the United States

    Status: A&G successfully terminated more than 300 leases. The balance had natural lease expirations.

  • Krispy Kreme signs deal for 10 locations in Houston

    Winston-Salem, N.C. -- Krispy Kreme has signed a development agreement with Dulce Restaurants, LLC, to develop 10 new Krispy Kreme shops in Houston over the next five years.

    Dulce Restaurants, LLC, a subsidiary of Dallas-based Sun Holdings, LLC, currently operates three Krispy Kreme locations in Dallas, and has plans to open an additional 15 Dallas shops through 2018.

  • Safeway sells 11 Dominick’s stores to Roundy’s

    Pleasanton, Calif. -- Safeway Inc. announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's, Inc. Roundy's will take possession of the stores during a transition period that will take place over the next two months.

  • New CFO named to lead Office Depot/Max

    Office Depot’s new chairman and CEO Roland Smith enlisted a former colleague from the fast food industry to serve as CFO of the recently combined Office Depot and OfficeMax company.

  • The Comeback Is On

    Developers in the Northeast are renovating, redeveloping and raising rents

    What are retail shopping center developers up to in the vibrant northeastern region of the United States?

    All across the Northeast — in which we include Ohio, Maryland, Virginia, Pennsylvania, New Jersey and the traditional northeastern states to the north — developers are renovating, redeveloping, raising rents, welcoming tenants and starting to get back to normal.

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