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Targeting Grocery Centers | Grocery center buyers, grocery center acquisitions, secondary and tertiary markets, cap rates, primary markets, freestanding grocery stores, new market entry

 
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GROCERY CENTER BUYS PAN OUT

Grocery center buyers count on the past as prologue in gunning for additional acquisitions.  Shoppers consistently increased spending 15% from 2006 to 2008 and with talk of recovery getting louder, buyers see an even brighter light at the end of the recessionary tunnel.  New market entries into secondary and tertiary markets with cap rates a couple percentage points higher than primary markets will propel buyers forward.  Company Removed recently bought two freestanding grocery stores and eyes expansion with an estimated $150M for acquisitions this year.  Company Removed makes a new market entry into Utah and is hungry for deals coast to coast.  Canadian buyer Company Removed has at least $10M for additional purchases after a west Houston buy.

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cap rates, freestanding grocery stores, grocery center acquisitions, Grocery center buyers, new market entry, primary markets, secondary and tertiary markets

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