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Supermarket/Grocery

  • Westwood Financial acquires seventh southeast property

    Pensacola, Fla. -- Westwood Financial Corp. announced it has acquired the Shoppes at Milestone, a fully-leased shopping center located in Pensacola, Florida. The 19,700-sq.-ft. shopping center is shadow anchored by Publix and is the firm’s seventh Florida property.

  • Giant makes big on-demand delivery move

    Landover, Maryland-based Giant Food is joining the trend of retailers making online deliveries to places beyond consumer homes.

    The Peapod by Giant online delivery service is now allowing Washington, D.C.-area shoppers to place their orders online and pick them up at one of three Washington Metropolitan Area Transit Authority (WMATA) stations: Fort Totten, Glenmont and Vienna. Peapod is an online grocer that shares its Ahold parent company with Giant and will execute deliveries for the service.

  • Metro Commercial Negotiates Sale of Home Depot Plaza

    Upper Darby, Pa. -- Metro Commercial Real Estate announced that is has negotiated the sale of the 307,000-sq.-ft. Home Depot Plaza in Upper Darby, Pennsylvania.

    The purchaser, a life insurance company, values the long-term nature of the anchor leases, Home Depot and Acme, and the population density of the area.

  • SRS Real Estate Partners hires senior VP to Houston Office

    Houston -- SRS Real Estate Partners welcomes Jonathan Hicks as SVP and co-market leader in the Houston office. Hicks will lead the Houston office alongside team member, Cody Persyn.

    "The addition of Jonathan to our Houston office complements our existing business immensely," said Woody McMinn, president of North American brokerage. "Cody's depth and tenure at SRS, and around the country, joined with Jonathan's market contacts and local industry involvement, are going to make a great market leader team."

  • Publix-anchored retail center in suburban Atlanta trades for $13 million

    Woodstock, Ga. -- Transwestern’s Southeast Investment Services Group announced it brokered the disposition of East Cherokee Village Shoppes for $13 million. New Orleans-based PMAT Cos. acquired the 128,667-sq. ft., Publix-anchored shopping center is located in Woodstock, Georgia. Transwestern VP Fred Victor and managing director Kevin Markwordt represented the private seller.

  • Ahold, Delhaize set shareholder meeting dates to decide merger

    Ahold and Delhaize Group on Monday announced that they have called Extraordinary General Meetings for March 14, 2016, during which their respective shareholders will consider and vote on the proposal to approve the companies' intended merger.

    Ahold has also made publicly available the prospectus included in its F-4 registration statement, which has now been declared effective by the U.S. Securities and Exchange Commission, and its approved EU prospectus. These are required steps in the process of completing their merger.

  • Deliv fires salvo in same-day delivery war

    UberRush is not the only online delivery provider looking to expand its reach.

  • Study: What do online shoppers like to avoid?

    When it comes to e-commerce, the top driver is actually something the experience doesn’t offer.

    According to two surveys of online shoppers in the U.S. and Canada conducted by Bizrate Insights, a division of Connexity, in December 2015 and January 2016, a leading 55% of respondents cited the lack of crowds, traffic and hunting for parking as a top reason to buy online. Another 46% said shopping online takes less time than shopping in stores, while 46% also mentioned free shipping.

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