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Grocer files amendment for possible spin-off
Supervalu has moved closer to spinning off its discount grocery store division.
The supermarket operator filed Amendment No. 1 to its Form 10 Registration Statement with U.S. Securities and Exchange Commission in connection with the anticipated spin-off of its Save-A-Lot business into a separate, publicly traded company.
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Baker Katz redevelops Texas center
Houston-based Baker Katz has redeveloped and fully leased a retail site in Beaumont, Texas.
Baker Katz principal Kenneth Katz made the announcement.
Baker Katz completely redeveloped the site, beginning with demolishing the previous building with an end plan to create five new spaces for retail tenants. Starbucks, Mattress One and Wingstop will occupy the 6,100-sq.-ft. building. T-Mobile and Access Dental will each have 2,800-sq.-ft. in the second building. There is a new H-E-B located immediately east of the property.

