Friday, September 2, 2011

GFS coming to hot 43th street

The growth along 43 street is really starting to gain a popular Milwaukee destination for many retailers.  Target, Menards, Pick'n Save, Planned independent grocery retailer next to Target, planned Super Walmart, and now GFS.  This central location next to Miller park has seen a steam of activity over the recent years.  This area is only limited by the traffic 43th street will be able to handle.  This may area will take away from the 27th street commercial future.  Look for GFS to locate a store in Waukesha.  

Thursday, December 30, 2010

Another Pick'n Save Shopping Center Sold

Ramco-Gershenson Properties Trust  announced today that it has acquired the Shoppes at Fox River a 135,484 square foot shopping center in Waukesha, Wisconsin, (the former Super Value warehouse location) a suburb of Milwaukee, for $23.8 million in an all cash transaction. The Shoppes at Fox River was built in 2009 and is anchored by a 61,045 square foot Pick ‘n Save (Roundy’s Supermarket) and shadow-anchored by a 132,382 square foot Target.

The Cap rate for the sale of three Ramco-Gershenson Properties was a blended 9.1%

Thursday, December 23, 2010

Mequon Metro Market

Store on schedule to open March 1, 2010.  This store will be very special, the first ground up Metro Market in the greater Milwauee area.  Roundy's putting its best foot forward in the high end market of Mequon.

Wednesday, October 20, 2010

Sendiks New Berlin October 17th

This past week Sendiks opened a new store in the former New Berlin Plaza.  (Intersection of Moreland Rd and National Ave.)  The new store was very busy during its grand opening, with the expectations high the store delivered a positive first impression.  As usual Sendiks presents a very unconventional store layout with the traffic pattern starting with wine and cheese and ending with the typical Sendik's produce department.  I was very impressed with the bakery and Deli departments, but concerned that the self service meat department, behind floor to ceiling glass doors, maybe too different for consumers to accept.  Carpeting in the store gave a warm and friendly environment for its shoppers.  The parking lot has some problems with traffic flow and competition for spaces from other businesses.  The entrance to the store is very different, customers seemed a little confused by the direction the retailer wanted them to enter the store.  I believe this store will be very successful in filling the needs for a upscale customer in New Berlin.

Tuesday, October 19, 2010

Woodman October 16th

Saturday October 16th the Woodman's in Menomonee Falls was really in full swing of its Grand opening.
My estimate is that the parking lot was 90% full, while in the store customers jamed the isles with shopping carts.  The checkout service was very good, with baggers at all registers and trained staff handling the large crowd of people.  The store presentation is very similar to all of the other Woodman designed supermarkets.  Large grocery presentations with unbelieveable variety of product selection.  Pricing impressions with the customers appeared was strong with massive displays of paper products and beverage selections.  $1.99 24pack water was in every shopping cart.  Since, this is the grand opening its still hard to say how the long term success of this store will be, but based upon these limited results Woodman's will make its mark on the Menomonee Falls and Milwaukee's northwest side.

Wednesday, October 6, 2010

Sendiks to open in New Berlin

Sendiks is about complete on its new store in New Berlin.  The store will have its Grand opening on Thursday October 14th.  This should be a good location for Sendiks, while its store size is somewhat smaller than what one would expect for such an investment it will get a good review by New Berlin shoppers who have no other choice than Pick'n Save.