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S.L. Nusbaum Realty Co. Named Exclusive Representative for Kroger in the Hampton Roads, VA Region

For Immediate Release
Contact: Susan Childress Corporate Marketing Director schildress@slnusbaum.com 757-282-6505
SL Nusbaum X Team

Norfolk, VA - (September, 2012) - S. L. Nusbaum Realty Co. is pleased to announce its appointment as Exclusive Representative for Kroger Mid-Atlantic in its search for sites in the Greater Hampton Roads region of Virginia for the new Kroger Marketplace concept store. Tommy Drew, Vice President will direct this assignment and work in conjunction with John Litz, Senior Vice President and Jim Gresock, Senior Vice President. Mr. Drew has worked with Kroger for over 12 years on site selection and surplus property sales in Virginia and North Carolina.

Kroger Marketplace locations typically consist of a minimum of 14 acres, including a fuel center parcel and store expansion area. The Marketplace should have a trade area containing a population density to support a 124,000 square foot store. This assignment includes the search for sites in all cities and counties included in the Hampton Roads MSA.

Kroger, one of the world's largest retailers, employs more than 339,000 associates who serve customers in 2,425 supermarkets and multi-department stores in 31 states under two dozen local banner names including Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry's, King Soopers, QFC, Ralphs and Smith's. The company also operates 788 convenience stores, 342 fine jewelry stores, 1,124 supermarket fuel centers and 37 food processing plants in the U.S.  

With over 111 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping center projects, apartment communities, office and industrial properties throughout the Mid-Atlantic.

 

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