REAL ESTATE

Tractor Supply Co. enters Wyoming market in Rawlins

BY Michael Fickes

Brentwood, Tenn. — Tractor Supply Co. has announced the opening of its first store in Wyoming. The new store marks Tractor Supply’s continuing expansion in the Western U.S.

The new store in Rawlins opened for business on October 19 and will hold a grand opening event on Oct.26. As of Sept. 28, Tractor Supply operated 1,245 stores in 47 states.

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REAL ESTATE

SRS brokers four shopping center sales since August

BY Michael Fickes

Dallas — SRS Real Estate Partners’ southeast investment sales team has closed five retail shopping center sales since August. The transactions total more than $60 million and over 575,000 sq. ft. of retail real estate. Here are the details:

SRS represented an entity affiliated with Cypress Equities in the acquisition of Promenade Tannehill Shopping center, a 347,000-sq.-ft. regional power center in Bessemer, Ala. The seller was Colonial Properties Trust. Publix, Michaels, J.C. Penney, PetSmart and Ross Dress for Less anchor the center. Shadow anchors include Target and Premiere Cinemas.

SRS represented Urbana Suwanee Jubilee in the purchase of Suwanee Jubilee Shopping Center in Suwanee, Ga. The 73,521-sq. -ft. neighborhood shopping center opened in 2006. The Fresh Market anchors the center.

Miller Group Investment Corporation sold 14 Monticello Road in Weaverville, N.C., which is currently occupied by a 23,627-sq.-ft. Tractor Supply Company, to Cole Credit Property Trust IV. The prices was $5.1 million. SRS represented the seller, Miller Group.

Fort Valley Partners sold Fort Valley Shopping Center, a 71,887-sq.-ft. neighborhood center in Fort Valley, Ga. The buyer was PDQ Fort Valley. SRS represented the seller, Fort Valley Partners.

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REAL ESTATE

Tiger Group announces the passing of co-founder

BY Michael Fickes

Boston — Tiger Group has announced the passing of veteran retail executive and company co-founder Stephen Goldberger. The Boston resident passed away on Oct. 18 at the age of 70.

Prior to co-founding the Tiger Group, Goldberger was a principal and managing director of Gordon Brothers Partners, a Boston-based retail advisory firm. Earlier in his career, he served as president and CEO of Hills Department Stores, the discount chain founded by his family. He later served as president and COO of Alexander’ Department Stores and CEO of Gallery of Gifts Shoppes Inc. (d/b/a Kitchens Etc.).

The Tiger Group traces its beginnings to 2001 and today consists of Tiger Capital Group LLC, Tiger Valuation Services LLC, Tiger Remarketing Services and Tiger/Daley-Hodkin, which was acquired in March 2011.

Goldberger earned a Bachelor’s of Arts degree in economics from Brown University and an MBA from Harvard University.

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