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Businesses across the Suncoast desperately searching for workers

Businesses across the Suncoast desperately searching for workers
Jobs a plenty on the Suncoast and hiring managers like Nicholas Jones at Ford s Garage are doing what they can to hire on qualified applicants in our area. (Source: WWSB)
By ABC7 Staff | May 11, 2021 at 4:10 PM EDT - Updated May 11 at 4:10 PM
SARASOTA, Fla. (WWSB) -Job openings across the country hitting a record high, according to the Labor Department’s latest report. It shows just how desperate businesses are in trying to find workers.
Job openings rose nearly 8 percent, to 8.1 million, in March. It’s the most on record since December of 2000. A survey done by the National Federation of Independent Business found that 44% of small businesses have jobs that can’t be filled. ....

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Benderson Development buys a 28-store portfolio of grocery stores | Business Observer

East Manatee County-based real estate company Benderson Development, one of the largest retail landlords in the country, has acquired 28 Fred Meyer stores located throughout the Pacific Northwest and Alaska.
The acquisition adds nearly 4.5 million square feet of properties to the company’s growing portfolio, which now totals over 45 million square feet, according to a statement. The company has a 20-year relationship with Fred Meyer, a subsidiary of The Kroger Co., the release adds. University Park-based Benderson’s portfolio already includes four flagship Fred Meyer locations.
“The Pacific Northwest has always been one of our top areas of interest to grow our national footprint,” says Randy Benderson, president and director of Benderson Development, in the statement. “Fred Meyer is a leader in these markets, and we’re very pleased to strengthen and enhance our long-term partnership with them.” ....

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USRowing Southeast Youth Championships in Oak Ridge this weekend

Oak Ridge Today
Posted at
The
USRowing Southeast Youth Championships will be held Saturday and Sunday at Melton Lake Park in Oak Ridge.
More than 400 entries will be racing in the qualifying event for the Youth National Regatta for youth and teenaged rowers, a press release said. Trophies will include:
The Spooner Cup Presented to the champion crew the Men’s Youth Champion Eight (M1V8+) category. Sponsor: Oak Ridge Rowing Association. Named for Steve Spooner, founding coach of the Oak Ridge Junior Men’s program.
The Absher Cup Presented to the champion crew the Women’s Youth Champion Eight (W1V8+) category. Sponsor: Oak Ridge Rowing Association. Named for Lorena Absher, founding coach of the Oak Ridge Junior Women’s program. ....

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Institutional Property Advisors Closes 28-Property Fred Meyer Portfolio Sale

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Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), as exclusive advisor to Cincinnati-based The Kroger Co. and Portland-based Fred Meyer Stores Inc., announced today the successful sale to Florida-based Benderson Development and leaseback of a 4.5-million-square-foot, 28-property portfolio of absolute net-leased Fred Meyer superstores consisting of 380 acres across Washington, Oregon, Idaho, and Alaska.
“We want to congratulate and acknowledge the hardworking teams at Fred Meyer Stores Inc., The Kroger Co. and Benderson Development on the successful conclusion of this transaction that required long days and nights to complete on time,” said Tom J. Lagos, IPA executive director and transaction lead. “Benderson Development stood out on price and terms against a very competitive field of over 20 qualified bidders, and the company’s team worked diligently t ....

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Grocery chain with Tacoma stores makes deal to keep its locations in place for years

Grocery chain with Tacoma stores makes deal to keep its locations in place for years
News Tribune, Tacoma, Wash.
5/6/2021
Debbie Cockrell, The News Tribune (Tacoma, Wash.)
May 6 A recent sale-leaseback involving nearly 30 Fred Meyer locations was announced this week by Institutional Property Advisors, a division of Marcus & Millichap, advisor to Cincinnati-based The Kroger Co. and Portland-based Fred Meyer Stores Inc.
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The deal, brokered by IPA, involved the sale to Florida-based Benderson Development and leaseback of a portfolio of 4.5-million-square-foot, 28-property Fred Meyer superstores in Washington, Oregon, Idaho and Alaska, including two Tacoma stores.
This was a once-in-a-generation opportunity to acquire a portfolio of dominant essential retail stores, said Patrick Toomey, IPA executive director in a news release announcing the deal. ....

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