REAL ESTATE

Buffalo Wild Wings, PetSmart to open at Rochester Crossing

BY Staff Writer

Rochester, N.H. — Boston-based The Wilder Cos. said that Buffalo Wild Wings opened on Sept. 30 at Rochester Crossing, in Rochester, N.H., and will be joined by a 12,157-sq.-ft. PetSmart store in spring 2013.

Wilder Cos. is the owner and manager of the 304,500-sq.-ft. Rochester Crossing, which features Kohl’s, Lowe’s, Jo-Ann Fabric and Craft, Famous Footwear, GameStop and Tropical Smoothie.

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REAL ESTATE

Sembler lays plans to expand tenant enhancement program

BY Staff Writer

St. Petersburg, Fla. — After launching an enhancement program designed to assist tenants toward ramping up sales, Sembler Co. said it will be expanding its “Sembler Advantage” program portfolio-wide.

Currently, 30 tenants have completed the program, according to Sembler, and have learned tips and techniques for jump-starting a small business, such as incentivizing employees to bring in new business.

Tenant mentorship is a key element of the Sembler Advantage program, as are creating center-wide marketing events, launching a secret shopper program and forging strategic community partnerships.

“We ultimately want to make Sembler Advantage available to retailers in all our centers across the Southeast and Puerto Rico,” said Sembler CEO Ron Wheeler. “It’s just makes good business sense to provide a way for our tenants to meet their numbers.”

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News

Publix declares common stock dividend to be awarded semi-annually

BY CSA STAFF

LAKELAND, Fla.— Publix on Monday announced its board of directors declared a semi-annual dividend on its common stock of 30 cents per share. The dividend will be payable and mailed Dec. 3, 2012, to stockholders of record as of the close of business Oct. 31, 2012.

Publix previously paid an annual dividend in June each year. "[But] due to the growth of our dividend over the last several years, our board of directors decided it would be appropriate to pay a semi-annual rather than an annual dividend," stated Ed Crenshaw, Publix CEO. "This semi-annual dividend is about half of the annual dividend paid in June 2012. We plan to pay another semi-annual dividend in June 2013.”

Publix is privately owned and operated by its 153,000 employees.

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