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Supermarkets Expanding Nationwide
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| Supermarkets Expanding Nationwide Save-A-Lot operates 1,200 locations nationwide. The discount supermarkets occupy spaces of 14,000 sq.ft. to 16,000 sq.ft. in freestanding locations, strip and value centers as well as urban/downtown areas. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run five years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 50,000 within three miles earning $40,000 as the average household income. Major competitors include Aldi. A land area of two acres is required for freestanding units. For more information, contact Fred Rudolph, Save-A-Lot, 100
Corporate Office Drive, Earth City, MO 63045; 314-264-7804, Fax 314-264-7885;
Ronetco Supermarkets, Inc. trades as ShopRite Supermarkets at seven locations throughout NJ. The supermarkets occupy spaces of 60,000 sq.ft. to 65,000 sq.ft. in strip centers. Growth opportunities are sought throughout NJ and eastern PA during the coming 18 months. Typical leases run 20 years. A vanilla shell and specific improvements are required. Preferred cotenants include Blockbuster Video, Home Depot and Target. Preferred demographics include a population of 50,000 within three miles earning $65,000 as the average household income. Major competitors include Pathmark. For more information, contact Vic Pocorobba, Ronetco Supermarkets, Inc., 1070 Route 76, Ledgewood, NJ 07852-9735; 973-927-8300 Ext. 330, Fax 973-927-4953. Wakefern Food Corp. trades as Price Rite at 32 locations throughout CT, DE, MA, NY, PA and RI. The supermarkets occupy spaces of 28,000 sq.ft. to 40,000 sq.ft. in freestanding locations, strip centers and urban/downtown areas. Plans call for four openings throughout CT, MA, NY and RI during the coming 18 months. Typical leases run 10 years. Specific improvements are required. Preferred cotenants include A.J. Wright, Home Depot, Lowe’s Home Improvement and T.J. Maxx. Preferred demographics include a population of 70,000 within five miles earning $25,000 to $50,000 as the average household income. Major competitors include Aldi and Save-A-Lot. A land area of four acres is required. For more information, contact Victor Estrella, Wakefern Food
Corp., 33 Northfield Avenue, Edison, NJ 08818-7812; 732-906-5933, Fax
732-906-5372; Safeway, Inc. (Phoenix Division) trades as
Safeway at 115 locations throughout AZ For more information, contact Jan Martin, Safeway, Inc. (Phoenix Division), 2750 South Priest Drive, Tempe, AZ 85282; 480-894-4100 Ext. 4201, Fax 480-929-8221. Redner’s Markets, Inc. trades as Redner’s Markets at 48 locations throughout PA. The supermarkets occupy spaces up to 50,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Diane Herr, Redner’s Markets,
Inc., 3 Quarry Road, Reading, PA 19605; 610-926-3700, Fax 610-926-6327; Save Mart Supermarkets of CA Corp. trades as Save Mart and Food Maxx at 253 locations throughout central and northern CA. The supermarkets occupy spaces of 45,000 sq.ft. to 55,000 sq.ft. in neighborhood strip centers. Growth opportunities are sought throughout northern CA during the coming 18 months. Preferred demographics include a population of 25,000 within one mile. A land area of four acres is required. For more information, contact Jim Cipolla, Save Mart Supermarkets of CA Corp., 1800 Standiford Avenue, Modesto, CA 95350; 209-577-1600, Fax 209-530-1876. Hy-Vee, Inc. trades as Hy-Vee Food Stores at 224 locations throughout IA, IL, KS, MN, MO, NE and SD. The supermarkets, offering general merchandise and featuring a pharmacy, occupy spaces of 35,000 sq.ft. to 75,000 sq.ft. in freestanding locations and lifestyle, power, specialty and strip centers. Plans call for 15 openings throughout the existing markets during the coming 18 months. Typical leases run 20 years. For more information, contact Dennis Ausenhus, Hy-Vee, Inc., 5820 Westown Parkway, West Des Moines, IA 50266; 515-267-2800, Fax 515-267-2967. Ukrop’s Supermarkets, Inc. trades as Ukrop’s at 30 locations throughout VA. The supermarkets occupy spaces of 40,000 sq.ft. to 64,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Brian Jackson, Ukrop’s Supermarkets, Inc., 2001 Maywill Street, Suite 100, Richmond, VA 23230; 804-340-3000. Demoulas Supermarkets, Inc. trades as Market Basket and Demoulas at 59 locations throughout MA and NH. The supermarkets occupy spaces of 60,000 sq.ft. in outlet, power and specialty centers as well as downtown/urban and freestanding locations. Growth opportunities are sought throughout the existing markets, as well as ME and RI, during the coming 18 months, with representation by RMD, Inc. Typical leases run 40 years, while ground leases run 60 years. Preferred cotenants include Kmart, Wal*Mart and other discounters. For more information, contact Michael Kettenbach, RMD, Inc., 881 East Street, Tewksbury, MA 01876; 978-851-0200, Fax 978-851-4962. |