Real Estate

Retail Foodservice

Grocery-Anchored Real Estate Has a Big Quarter

A number of firms that specialize in the sector reported record levels of leasing activity, as grocers continue to perform well despite inflation.

Retailers

Mariano's in Chicago's South Loop sells for $52.4M

The undisclosed purchaser acquired the property from a New York-based private investor, in a deal that demonstrates the strength of grocery real estate.

A proposed agreement over tax increment financing for improvements at an office campus in Marlborough, Mass., to be discussed next week; move could take place in 2022.

The former Sprouts, Walmart real estate executive, who has built more than 500 stores, will help the specialty grocer "innovate."

The Planned Grocery service, which tracks future grocery stores, has integrated a parallel database of new home development activity from a sister company.

A Rensselaer County executive says the Price Chopper-Tops merger provides an opening for a new grocer in New York's Capital Region, but Wegmans isn’t taking it at this time.

Disruption in the supply chain exacerbated by the pandemic will lead retailers to "take back control" of fresh inventories, Provender’s Neil Johnson says.

The high-flying discounter, coming off another roaring sales and profit performance, expects to open 1,050 new stores in fiscal 2021.

A long-awaited new unit with a bright orange facade opens in a mixed-use development in Philadelphia on Dec. 3.

In a traditionally busy season for store openings, pandemic leftovers and other planned sites are arriving quickly, including H-E-B's debut in West Texas.

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