EQUITY RETAIL BLOG

Deerwood Real Estate Capital Secures Loans for Three Area Shopping Centers

Richland Plaza in Quakertown ($9.43M), Montgomery Commons in North Wales ($18.35M), and Adams Plaza in Philadelphia ($1.9M) have secured loans from Deerwood Real Estate Capital. Richland Plaza and Montgomery Commons are anchored by Redner’s Markets. Here’s the story from Natalie Kostelni at the Philadelphia Business Journal. http://www.bizjournals.com/philadelphia/blogs/real_estate/2010/11/deerwood-firm-secures-loans-for-phila.html

Aldi Rolling Out Larger Units

I think the September story about Aldi rolling out its first location inside a regional mall (in Chicago) is bigger news than expanding stores by 1500 square feet. Aldi Rolling Out Larger Units

Price Chopper Strikes Again

Even though Price Chopper isn’t in the Philly market, it’s no secret that I’m a fan. It is my hometown supermarket, after all. And though the following story appears to be about cake, it’s really about the company’s philosophy. Price Chopper didn’t just introduce a new line of cake, they relied on employees and customers […]

Retail Space Back in Demand in 2011

Increased retail sales and limited space supply will result in an “uptick” in demand, according to CBRE Econometric Advisor’s Annual Trends 2011. http://baltimorerealestate.citybizlist.com/7/2010/11/24/CBRE-EA–Retail-Space-Back-in-Demand-in-2011.aspx

Alec Baldwin Rocks Wegmans Ads

After seeing story after story about Alec Baldwin’s Wegmans commercials, I thought I’d post one of them. The Baldwin – Wegmans relationship is pretty neat, especially since it wasn’t initiated by Wegmans, and that Baldwin is donating his fee to his mother’s charity. http://www.nacsonline.com/NACS/News/Daily/Pages/ND1124107.aspx

Washington DC reacts to plans for new Walmart stores

This isn’t a Philly story, but it’s still interesting. It illustrates the intense reaction Walmart gets when coming into – or expanding in – a community, whether big or small. http://www.bizjournals.com/washington/blog/2010/11/blogs-twitter-shops-unions-react-to.html

Improved weather, sales expected for the holidays

From the International Council of Shopping Centers: http://www.icsc.org/apps/news_item.php?id=2699

‘Turkey Wars’ Could Be Costly: Analyst

I just like the opening sentence of this story: “Retailers waging ‘turkey wars’ this holiday season could be hurt by the rising cost of ammunition, an analyst said Monday.” ‘Turkey Wars’ Could Be Costly: Analyst

Read Jeff Metzger's monthly column from Food Trade News

Jeff Metzger’s column in the Food Trade News is always stock full of industry info. Check it out. http://best-met.com/column/retail-sales-at-11-8b-its-another-banner-year-for-wakefern/

Montgomery County, PA - The Land of the Supermarket

I make a good portion of my living from grocery-anchored shopping centers, and I love stats. So it’s no surprise that I know about each and every grocery-anchored center in Montgomery and Bucks County, PA, and that I have stats. Stat number one is 86, as in 86 grocery-anchored shopping centers in Montgomery County, which is Pennsylvania’s third largest […]