REAL ESTATE

Stater Bros. announces two locations

BY Staff Writer

San Bernardino, California — Plans are well underway to open two new state-of-the-art "Blue Ribbon" Stater Bros. Supermarkets in California, with one in Covina (Los Angeles County) and the other in Menifee (Riverside County).

"These two stores are a major investment in Southern California, which Stater Bros. has served for over 78 years," stated Jack H. Brown, chairman and CEO of Stater Bros. "We want to thank our loyal customers for making it possible for us to continue to grow and serve even more families year after year."

Stater Bros. has entered into an agreement to occupy the former Albertsons Supermarket in Covina. It will be the 26th Stater Bros. Supermarket in Los Angeles County. The 42,390 sq. ft. supermarket will subsequently undergo a complete remodel and reopen as a "Blue Ribbon" Stater Bros. Supermarket by yearend

In Menifee, Stater Bros. will be building a 44,000-sq.-ft. "Blue Ribbon" Stater Bros. Supermarket. It will be the third location for Stater Bros. in the city of Menifee.

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REAL ESTATE

Max Challenge taps R.J. Brunelli

BY Michael Fickes

Old Bridge, N.J. — Max Challenge Franchising, a fitness center franchisor, has appointed R.J. Brunelli & Co. as its exclusive national tenant representative.

Max Challenge studios currently operate throughout much of New Jersey, Staten Island, New York, and metropolitan Sacramento, California.

The company is seeking 2,000 to 3,000-sq.-ft. locations in the Hoboken/Edgewater, Montclair, Bergen County and Cherry Hill markets in New Jersey.

The chain prefers neighborhood and convenience shopping centers, but will also consider central business districts in certain areas.

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REAL ESTATE

Triangle Equities hits milestones in Bronx development

BY Michael Fickes

Bronx, N.Y. — Triangle Equities has reached several milestones in the development of the $35 million, 88,000-sq.-ft. Triangle Plaza Hub at 149th Street in Bronx, New York. The development aims to help revitalize a generally underserved area with a mixed-use commercial and community facility located at a transit center that serves 200,000 people daily. Vista Optical has also leased space.

To date, Triangle’s accomplishments include signing two key anchor tenants: Fine Far supermarket and Metropolitan College of New York.

In addition, the company has successfully completed the initial structural work of installing the first steel columns. The difficult work was carried out after substantial underground preparations — near live subway rail tracks.

Developed in accordance with energy efficient and green building principles, Triangle is aiming for a minimum goal of LEED Silver certification.

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