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Supermarket/Grocery

  • The Crossings at Four Corners redevelopment gets zoning and financing nod

    Smyrna, Ga. -- Westchester, Ill.-based Tri-Land Properties announced that it has received zoning and financing approval for The Crossings at Four Corners in Smyrna, Ga. Tri-Land has sold eight acres of the project to Cincinnati, Ohio-based Kroger Co.

    Cole Taylor, a Chicago based lender, is providing the construction financing for the project.

  • Westfield Old Orchard to launch world-first dining and green specialty food shopping venue

    Skokie, Ill. -- The Westfield Group announced that its Westfield Old Orchard shopping center in Skokie, Ill., will change dramatically with the addition of a culinary-focused dining and green food shopping venue slated to open in summer 2011.

    The new venue replaces the former food court, which closed on Sept. 1 to make way for the new development.

  • European Wax Center to open at Indian Springs Center

    The Woodlands, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in The Woodlands, Texas, at Indian Springs Center to European Wax Center.

    Specializing in facial and body waxing, European Wax Center has leased 2,528 sq. ft., bringing the center to 99% leased. The tenant is slated to open for business in February 2011.

    The 136,624-sq.-ft. shopping center is anchored by H.E.B. alongside national retailers such as Subway, Edible Arrangements, Massage Envy and Supercuts.

  • Report: A&P to be considering bankruptcy

    Montvale, N.J. -- A report Friday said that Great Atlantic & Pacific Tea Co. may file for bankruptcy in the coming days to restructure debt.

    Citing unnamed sources, Bloomberg reported that a filing to reorganize under court protection may come as soon as this weekend. A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with creditors and in any Chapter 11 proceeding, according to the report.

  • Three new tenants open at Commons at Town Center

    Boca Raton, Fla. -- Woolbright Development announced that the following three stores have recently signed leases at The Commons at Town Center in Boca Raton, Fla., and are now open for business.

    Plato’s Closet occupies 3,000 sq .ft., Prime Cigar & Wine Bar occupies 2,335 sq. ft., and Jamie’s Boutique, which sells high-end women's contemporary and denim apparel, occupies 1,235 sq. ft.

    The 117,921-sq.-ft. Commons at Town Center is anchored by Barbara Katz, TooJays and Moe's Southwest Grill.

  • Qdoba to open two new restaurants in Pennsylvania

    Philadelphia -- Michael Salove Co., an X Team partner based in Center City Philadelphia, announced that it has completed two lease transactions in the Greater Philadelphia market with Qdoba Mexican Grill.

    Qdoba will open a 2,600-sq.-ft. unit in Providence Town Center in Collegeville, Pa. and will open a 2,300-sq.-ft. unit in Wynnewood Square in Wynnewood, Pa.

  • Appleton Learning Center to open at Woodway Collection

    Houston -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Houston at Woodway Collection to Appleton Learning Center.

    Specializing in tutoring services, group classes, student testing and other related services, Appleton Learning Center has leased 2,440 sq. ft. and is slated to open in February 2011.

    The 111,165-sq.-ft. shopping center is anchored by Randalls alongside national retailers such as Carrabba’s Italian Grill, Pearle Vision and Chase Bank.

  • Whole Foods to reinstate quarterly dividend

    Austin, Texas -- Whole Foods Market said Wednesday that its board approved a quarterly cash dividend of 10 cents per share reinstating the quarterly payment after more than two years with none. The dividend will be payable Jan. 20 to shareholders of record as of Jan. 10.

    John Elstrott, chairman of Whole Foods' board, said in a statement that the decision to bring back the dividend stems from the company's strong financial position and outlook.

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