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Supermarket/Grocery

  • Retro Fitness and Chipotle sign at West Orange Plaza

    West Orange, N.J. — Retro Fitness and Chipotle have signed long-term leases at West Orange Plaza in West Orange, N.J., according to Levin Management, which represented the landlord in the transaction.

    Retro Fitness took 14,115 sq. ft. and was represented by Katz & Associates. Represented by Winick Realty Group, Chipotle leased 2,557 sq. ft.

  • Meijer opens new supercenter in Danville, Ill.

    Grand Rapids, Mich. — Meijer will open a 190,000-sq.-ft. supercenter in Danville, Ill., on Nov. 7, the sixth new Meijer store to open this year.

    The family-owned retailer, which opened its first store in 1934, now has 204 stores throughout the Midwest.

     

  • Natural Grocers opens Idaho Falls store Nov. 12

    Lakewood, Colo. -- Natural Grocers by Vitamin Cottage is opening its second store in Idaho, which will be located in Idaho Falls. The store opens for business on Nov. 12.

    "We invite the Idaho Falls community to come in see what we're about," said Kemper Isely, Natural Grocers co-president. "While they are here, shoppers can also take part in a free nutritional education seminar- or pick up some practical ideas for healthy eating during one of our free cooking demonstrations."

  • Kroger expands footprint

    Kroger is expanding its presence in one of the nation’s most competitive retail markets.

    The grocery retailer plans to open five new Marketplace stores and expand the size of three existing locations in North Texas in the next two years — a capital investment of $150 million. The company also plans to open multiple fuel centers and remodel existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

  • CBRE arranges financing for $41.6 million portfolio

    Dallas — CBRE Capital Markets arranged financing for the acquisition of a portfolio of 16 shopping centers totaling approximately 417,000 sq. ft. Located across the country, each of the 16 strip centers is adjacent to a Wal-Mart Supercenter shadow anchor. CBRE worked on behalf of the borrower, a partnership between Dallas-based Fountain Capital and Cheney & Mathes Properties, to obtain a 10-year, $41.6 million fixed-rate, non-recourse loan through the Goldman Sachs Mortgage Co.

  • Stater Bros. to open new Moreno Valley, Calif., supermarket

    San Bernardino, Calif. — Stater Bros. has announced the opening of a new supermarket in Moreno Valley, Calif., on Nov. 13. A ribbon cutting ceremony will be held in the parking lot at 8:15 a.m.

    The 43,670-sq.-ft. store will be the fourth location for Stater Bros. in Moreno Valley.

  • Peapod and Giant open new fulfillment center

    Leading Internet grocer Peapod and supermarket chain Giant Food Stores have opened a new fulfillment center in Coopersburg, Pa.

    "Peapod by Giant has seen exciting growth in the Philadelphia area and we are delighted to partner with our sister grocer, Peapod, to expand service to additional zip codes in the Giant trade area," said Rick Herring, president. "As always, we will strive to provide a wide selection of well-priced, top quality, fresh products with the ease of online shopping and home delivery."

  • DLC Management Corp. announces October leases

    Tarrytown, N.Y. — DLC Management Corporation, a national owner and operator of open-air shopping centers, announces the following new leases that were signed in October 2013:

    •    Back to Bed, 3,852 SF, Crossroads Shopping Center – Schererville, Ind.
    •    Better Sofas, 3,590 SF, Southwest Plaza – Roanoke, Va.

    •    China Buffet, 4,500 SF, King City Square – Mount Vernon, Ill.


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