Real Estate

Stores

Aldi, H-E-B set expansion pace for grocery stores in 2022

Discount chain led in new units opened, while the Texas grocer added the most square footage, a new report from JLL shows.

Stores

How Rouses Markets keeps growing despite supply chain headaches

The Gulf Coast grocer announced this week it purchased a shopping center in Picayune, Mississippi, to open a new grocery store there. But the grocer’s VP of corporate development said adding new locations is a “logistics nightmare” right now.

The 15,800-square-foot store will be located at 1225 West 7th St., which was previously occupied by grocer Bravo.

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

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.

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