Grocery Grab

This is anHTML versionof an article that ran in the May 2014 issue ofReal Estate Forum. To see the story in its original format,click here.

There isnt a retail real estate sector that is discussed much more nowadays than the supermarket arena. Two of the biggest middle-market operators, Albertsons and Safeway, are combining, and retail observers are waiting to see what store-closure fallout could occur as a result. Meanwhile, specialty grocers focused on quality and organic products, such as Sprouts Farmers Market, the Fresh Market and Trader Joes, are looking for space and drawing consumers. On the other end of the spectrum, lower-priced options, such as Walmarts Neighborhood Markets, Aldi and others, are popular with the cost-conscious shopper and fighting for space. All of this is happening in an environment with very little new retail real estate construction.

In conjunction with this months ICSC RECon show and Real Estate Media Thought Leaders Marcus & Millichaps annual Retail Trends event at the conference, we bring you a roundtable discussion on where the grocery sector is headed, as well as what is taking place overall in retail real estate.

PARTICIPANTS

Michael CohenHead of Mid-Atlantic and Southeast OriginationCitigroup CMBS and CREF

Fernando De LeonManaging PartnerLeon Capital Group

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Grocery Grab