Supermarket/Grocery

Las Vegas -- In the latest acquisition for its Primestor-Platinum Urban Opportunity Fund I, LP, Primestor Development has acquired 4G Plaza, a neighborhood shopping center in Las Vegas, for $8.8 million.

Purchased from 4G Properties LLC, the 78,849-sq.-ft. center is anchored by El Super and shadow-anchored by The Home Depot. It is 93% leased. Other tenants include Wells Fargo, Taco Bell, Big 5 Sporting Goods and Sprint.

Sunnyvale, Calif. -- Jacksonville, Fla.-based Regency Centers said that Indian Bazaar has leased 4,480 sq. ft. at Loehmann’s Plaza in Sunnyvale, Calif.

The new grocery store is slated to open in May 2012.

The 113,309-sq.-ft. shopping center is anchored by CVS/pharmacy alongside national retailers including Safeway, Nail Time and Starbucks.

 

Pleasanton, Calif. -- Safeway said its board of directors increased its stock buyback authorization by $1.0 billion, to $8.0 billion.

The supermarket operator said it had repurchased $6.1 billion of its stock through the end of the third quarter and had about $0.9 billion remaining under the buyback program at that time.

The repurchase authorization does not have an expiration date, Safeway said in a statement.
 

PITTSBURGH — Electric vehicle charging stations recently opened at three Pittsburgh-area Giant Eagle stores, the retailer said.

The EV charging stations, made possible by a collaborative effort through a Pennsylvania Department of Energy grant, now are in operation at the chain's Robinson Township, Township of Pine and Monroeville supermarkets.

GRAND RAPIDS, Mich. — Frederik Meijer, the founder of the supercenter retail chain of the same name, died Nov. 25. He was 91.

ST. LOUIS — Supervalu banner Save-A-Lot will open a new 330,000-sq.-ft. food distribution center in Lexington, N.C., on Wednesday.

The distribution center initially will service more than 70 stores within a 150-mile radius, Save-A-Lot noted.

The distribution center, which will employ 35 employees, is part of the company's commitment to expand in the region. Currently, there are nearly 30 Save-A-Lot stores in North Carolina, including one in Lexington; the company plans to open an additional three stores in the state by March 2012.

St. Louis -- Grocer Save-A-Lot, a subsidiary of SuperValu, said Tuesday it will open a 330,000-sq.-ft. distribution center in Lexington, N.C., on Nov. 30.

The $24 million project is designed to support Save-A-Lot’s growth in region.

The new DC will employ 35 employees initially and is a collaboration with the state of North Carolina and its One North Carolina Fund, the North Carolina Department of Commerce, Davidson County and the City of Lexington.

By Julie S. Lucht, [email protected]

Charlotte, N.C. — Harris Teeter will open a 61,000-sq.-ft. store in Baltimore, making it the chain's first in the city and seventh in Maryland.

The store, which will be located in the McHenry Row neighborhood of Baltimore, opens its doors on Dec. 7. The supermarket places strong emphasis on fresh foods, items-to-go and perishable items, Harris Teeter said.

The chain also is applying for LEED certification for the location, noting the supermarket will include electric vehicle charging stations and an integrated refrigeration.

New York City -- The Brookshire Grocery Co. announced that Trent Brookshire, SVP/DMM was elected to the company’s board. He is a fourth generation member of the company’s founding family.