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Deals

  • Real Estate Firm Sells 25 shopping centers for $377 million

    ROCKLAND, Mass. -- Tedeschi Realty Corp. here has reportedly sold 25 shopping centers, most in southeastern Massachusetts, to Denver-based Dividend Capital Total Realty Trust for $377 million, in the largest deal of its kind in the state's history.
  • Hy-Vee Plans 2 New Mo. Stores

    WEST DES MOINES, Iowa -- Hy-Vee Inc. here has leased sites for two stores in Columbia, Mo. that are expected to open within the next year.
  • Tesco Discloses Plan for Fresh & Easy in L.A.

    LOS ANGELES - Tesco today said it has identified 12 store locations in the Los Angeles area for its pending Fresh & Easy Neighborhood Market, and that it is investigating additional locations in and around the city.
  • Sainsbury Discusses Takeover Bid from Qatari Investment Fund

    LONDON -- Supermarket group J Sainsbury PLC here confirmed yesterday that is in talks with a Qatari investment fund that has proposed a takeover of the retailer. This is the second bid this year for J Sainsbury, which is Britain's third-largest supermarket group.
  • Roundy's Sells Former Warehouse Props to Investor Group

    MILWAUKEE - Roundy's Supermarkets Inc. reportedly sold two former warehouse properties here to a subsidiary investors group affiliated with Chicago-based HSA Commercial Real Estate Inc. for $8.5 million
  • Village Super Market, Inc. to Acquire Former N.J. Stop & Shop Location

    SPRINGFIELD, N.J. -- ShopRite operator Village Super Market, Inc. said yesterday that it expects to acquire the store fixtures, lease, and other assets of a soon-to-be former Stop & Shop in Absecon, N.J.
  • Stop & Shop to Close 10 Stores and Sell Them to Wakefern

    QUINCY, Mass. -- The Stop & Shop Supermarket Co. here said Friday that it would close nine underperforming stores in southern New Jersey at the beginning next month, and, confirming much local press speculation, sell the locations' fixtures and assets to Elizabeth, N.J.-based Wakefern Food Corp., the co-op owned by independent ShopRite store operators.
  • Ahold Sells Off U.S. Foodservice, Polish Retail Operation

    AMSTERDAM -- Ahold here said Tuesday that it has successfully completed the sale of its U.S. Foodservice division to a consortium of private equity firms Clayton, Dubilier & Rice Fund VII, L.P. and Kohlberg Kravis Roberts & Co, L.P. for $7.1 million.
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