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Albertsons and Safeway ready to roll
The merger between Albertsons and Safeway is expected to close in a few months and when it does the combined company already has a new senior leadership and field operations structure in place.
The companies late Friday announced key leadership positions it said drew on strong talent within both organizations to build an innovative, customer-focused and growth-driven company.
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Phillips Edison-ARC expands portfolio in Texas with two acquisitions
Cincinnati -- Phillips Edison-ARC Grocery Center REIT II, Inc. has acquired two grocery-anchored shopping centers, Northpark Village and Spring Cypress Village, both located in Texas.
Northpark Village is a 70,479-sq.-ft. grocery-anchored shopping center in Lubbock, anchored by United Supermarkets and tenanted by GNC, Starbucks, Super Tan and Sun Loan Company.
Spring Cypress Village is a 97,550-sq.-ft. grocery-anchored center in Houston, anchored by Sprouts and tenanted by Burger King, State Farm Insurance and Spec's.