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PetSmart LLC

  • Project Profiles


    The Neighborhoods at Butler


    Location: Gainesville, Fla.

    Size: 2.1 million sq. ft. (1.75 million sq. ft. with an additional 350,000 sq. ft. under development)

    Developer/Owner: Butler Enterprises

    Grocery anchor: Publix (West), Publix (Central), Trader Joe’s, Aldi, plus sizeable food components in Walmart, Sam’s Club and Target. Adding Whole Foods to anchor Butler Town Center (under construction with a planned opening winter 2018).

  • Pet supplies retailer continues store expansion

    PetSmart was busy opening stores during its first quarter.   The retailer opened 18 new stores in the U.S. and Canada in its fiscal quarter ending May 1, 2017. PetSmart opened 70 net new stores in 2016 and expects to open more than this number in fiscal year 2017.     
  • It’s official: Pet supplies giant acquires fast-growing online rival

    PetSmart has been setting the stage to accelerate its digital offerings. Now it can.  
  • Study: More pet owners are shopping online

    Online retailing is changing the game for pet parents.   Specifically, 40% of pet owners are opting to buy pet products online, up from 37% the previous year, and notably higher than results from 2014, according to U.S. Pet Market Outlook, 2017-2018. The report, from research firm Packaged Facts, highlights mergers and acquisitions, retail channel trends, and pet owner demographics and spending habits.  
  • Massachusetts mall 100% leased for first time in 30 years

    Leasing agent Dan Waldman clearly hasn’t read all the news reports about the demise of the American mall.   In 2015, when Waldman took over leasing for the Walpole Mall in Walpole, Massachusetts, 80,000 of the property’s 400,000 sq. ft. lay vacant. This week, his Waldman & Associates announced that the mall was 100% leased for the first time in 30 years.  
  • Real Estate’s 10 under 40

    Every business magazine sports an “X Under 40” list celebrating precocious professionals. But, really, isn’t it almost always youthful drive and optimism that feeds the engine of progress?

    The stories of Chain Store Age’s 2017 list of over-achievers under 40 abound with examples of young people from different disciplines who all discovered retail real estate as the perfect channel for their passions.

  • Quality Trumps Quantity

    Shopping center owners added fewer centers in 2016, but demonstrated that less is more

    As physical shopping centers battle furiously for customer share, more developers are realizing that bells and whistles aren’t just optional; they’re essential. No matter the size or scope, new shopping centers have to offer something extra to an increasingly discerning consumer — and the group of owners highlighted here is doing just that.

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