Convenience Stores

Atascocita, Texas -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm specializing in retail tenant representation, investment sales, and project development and leasing, announced that it has broken ground on the redevelopment of two buildings totaling 33,000 sq. ft. on 4.5 acres of land located Atascocita, Texas.

Lafayette, La. -- Stirling Properties and CBL & Associates Properties celebrated the grand opening of Ambassador Town Center located in Lafayette, Louisiana. The center is currently 97% leased and includes either first-time locations within Lafayette or Louisiana, or both.

Persistence has paid off at Ingles Market for Jim Lanning who was elevated to the role of CEO after joining the $3.8 billion supermarket chain 41 years earlier.

Asheville, NC.-based Ingles Markets named Lanning, 56, to the role of CEO, filling a position previously held by company Chairman Robert P. Ingle, II. Lanning will retain his position as president while Ingle, 47, will continue to serve as chairman and continue his day-to-day active operational role in the executive leadership of the company, according to a statement.

Online delivery service Instacart is launching its first expansion of 2016 – and it’s a big one.

Instacart is now offering deliveries in as little as one hour from Whole Foods Market, Gelson’s Market, Stater Bros. Markets, Ralphs, Smart & Final, Costco (no membership needed), Petco, and H Mart to residents of Orange County, California. Whole Foods will offer delivery via Instacart at prices that are the same as shoppers find in-stores.

Publix has hired a broker and is actively looking for sites in the Washington, D.C., area, according to a new report. 

The Washington Business Journal reported that the Florida-based grocery chain had a booth at the International Council of Shopping Centers’ Mid-Atlantic Dealmaking and Conference last week in Southern Maryland.  Publix spokeswoman Kim Reynolds told the publication that indeed, the chain is looking to open stores throughout Virginia, including in Northern Virginia. 

An underground shopping arcade with cool stores and hip eateries is coming to one of the busiest subway stations in New York City.

TurnStyle is set to open in mid-April, on the subway concourse at the 59th Street Columbus Circle subway station in Manhattan. The 30,000-sq.-ft. center, the first major privatization of a New York subway station, is located along both sides of the 325-ft. long passageway from Eighth Avenue and 57th Street to the subway platforms at 59th Street-Columbus Circle. (The passageway is free to pedestrians since it is not in the fare zone.)

Publix has hired a broker and is actively looking for sites in the Washington, D.C., area, according to a new report. The Washington Business Journal reported that the Florida-based grocery chainhad a booth at the International Council of Shopping Centers’ Mid-Atlantic Dealmaking and Conference last week in Southern Maryland. Publix spokeswoman Kim Reynolds told the publication that indeed, the chain is looking to open stores throughout Virginia, including in Northern Virginia.

Cincinnati -- Phillips Edison Grocery Center REIT II and TPG Real Estate announced the formation of a partnership to acquire high-quality, value-added grocery-anchored shopping centers throughout the United States. The Partnership will invest up to $250 million of equity and plans to leverage this capital to achieve a $750 million acquisition target.