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Supermarket/Grocery

  • Partnership acquires pair of grocery-anchored centers in same-day transaction

    X Team International announced that Mountain West Retail and Investment and Newmark Grubb ACRES completed sales of two grocery-anchored properties same-day.

    Canyon Center, a 51,914-sq.-ft. property in Sandy, Utah, is anchored by Smith’s and Shopko; the seller was Dee’s Inc., a third generation, family-owned real estate company, and the buyer was Pacific Castle, a Southern California-based institutional investor.

  • EDENS acquires Historic shopping center in Dallas

    EDENS announced it acquired Casa Linda Plaza, one of the oldest shopping centers in the Dallas, Texas. The 323,000 sq. ft. center, was first opened in the late 1940s.

    Casa Linda Plaza is located five miles northeast of downtown, situated on three of the four corners at the intersection of Buckner Boulevard and Garland Road. The center is anchored by Albertson's and Petco, as well as, mix of local and national retailers including Pie Wei, Torchy's Tacos, El Fenix Restaurant, Highland Park Cafeteria, and Elliott's Hardware to name a few.

  • Former Walmart exec joins Liquidity board

    A key figure in the development of Walmart’s small format Neighborhood Market and international operations has joined the board of asset disposal firm Liquidity Services.

    Ed Kolodzieski joined the board of Liquidity Services effective Nov. 17 and also serves on the company’s compensation and governance committees. Liquidity Services bills itself as a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus.

  • Mid-America Real Estate arranges three new leases

    Mid-America Real Estate announced three new retail leases recently signed.

    New Bohemi signed a lease for 4,209 sq. ft. at Eagan Towne Centre located in Eagan, Minnesota off of Interstate 35. The 153,781 sq. ft. center is anchored by Cub Foods, Big Lots and Dollar Tree.

    Title Boxing Club signed a lease for 3,495 sq. ft. at 55th and Lyndale located in Minneapolis. The 4,736 sq. ft. center is shadow-anchored by Walgreens, Midas, Enterprise and Kowalski’s.

  • Japanese retailer takes on Fifth Avenue—in a big way

    Muji, the minimalist Japanese lifestyle brand, has opened its largest U.S. location yet, a two-level, 12,000-sq.-ft.

  • THE SHOPPES AT MIDDLETOWN

    Developer: National Realty & Development Corp.

    Company HQ: Purchase, New York

    Project Location: Middletown, New Jersey

    Project Size: 380,000 sq. ft.

    Project Status: Opening 2017

    Project Website: www.shoppesatmiddletown.com

  • PHILLIPS EDISON & COMPANY

    Company HQ: Cincinnati, Salt Lake City, New York City and Atlanta

    Company Website: www.phillipsedison.com

  • NYC Retail: Top 10 New Stores

    So many new stores, so little space. Here are my top faves of the year:

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