Low-Price Grocery Leader ALDI Signs New Lease at Mill Creek Square in Lancaster County, Pa.

High Associates Ltd., Leasing Manager for Mill Creek Square, is pleased to announce that ALDI, the nation’s low-price grocery leader*, will join Mill Creek Square shopping center in East Lampeter Township, Lancaster, Pa., with an opening planned for late summer 2014.

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High Associates' Mill Creek Square

ALDI front elevation

We’re extremely pleased to bring such a leader in the grocery retailing industry to Mill Creek Square and East Lampeter Township.

Lancaster, Pa. (PRWEB) February 24, 2014

High Associates Ltd., Leasing Manager for Mill Creek Square, is pleased to announce that ALDI, the nation’s low-price grocery leader*, will join Mill Creek Square shopping center in East Lampeter Township, Lancaster, Pa., with an opening planned for late summer 2014.

ALDI Inc., headquartered in Batavia, Ill., has signed a lease for a 17,594-square-foot store at Mill Creek Square. This location will be the second ALDI store in Lancaster County.

“We’re extremely pleased to bring such a leader in the grocery retailing industry to Mill Creek Square and East Lampeter Township,” said H. Stephen Evans, Senior Vice President and Managing Director-Retail Division for High Associates Ltd.

“ALDI, known for high-quality grocery items at low prices, will complement the many other fine Mill Creek Square retailers who have recognized that Lancaster is a vibrant market and that Mill Creek Square provides a great environment in which to serve their customers,” Evans said.

“We are pleased to establish this new Lancaster location, as we continue to expand our relationship with the local community,” said Jeff Baehr, division vice president for ALDI. “Our high-value, high-quality model has driven interest and strong loyalty among our customer base. Smart shoppers know they can save time and money at ALDI without sacrificing quality.”

The new Lancaster store will feature high ceilings, natural lighting and environmentally friendly building materials – such as recycled materials and energy-saving refrigeration and light bulbs – to ensure that customers enjoy a shopping experience that is simple and easy to navigate.

Customers can expect to find more than 1,300 of the most commonly purchased items sold under ALDI exclusive brands for prices up to 50 percent less** than traditional supermarkets. A model of efficiency, ALDI eliminates overhead costs by offering smart practices, such as a cart rental system through which shoppers insert a quarter to release a cart and receive the quarter back upon the cart’s return. Other cost-saving practices include a smaller store footprint, open carton displays and encouragement of customers to bring their own shopping bags.

About ALDI Inc.

A leader in the grocery retailing industry, ALDI operates nearly 1,300 stores in 32 states, primarily from Kansas to the East Coast. More than 25 million customers each month save up to 50 percent** on their grocery bills, benefiting from the ALDI simple and streamlined approach to retailing. ALDI sells more than 1,300 of the most commonly purchased grocery items, primarily under its exclusive brands, which must meet or exceed the national name brands on taste and quality. ALDI is so confident in the quality of its products, the company offers a Double Guarantee: If for any reason a customer is not 100 percent satisfied with any ALDI food product, ALDI will replace the product and refund the purchase price. For more information about ALDI, visit http://www.aldi.us.

About Mill Creek Square

Mill Creek Square is an approximately, 286,452-square-foot community shopping center developed on a 35-acre site situated along the established commercial corridor of Lincoln Highway East in Lancaster (East Lampeter Township), Pa. Its occupancy upon Aldi’s opening will be 96.4 percent.

Anchors: Kohl’s; Ross Dress for Less; Bed, Bath, & Beyond/Buy Buy Baby; Christmas Tree Shops; Staples; Petco; and Shoe Carnival.

Shops: Vision Works, Verizon, Highmark Direct, Sally Beauty, Hair Cuttery, Tran Nailery & Spa, and Indulge Fashion Accessories.

Restaurants: Red Robin, Noodles, Saladworks, California Tortilla, Kiwi Frozen Yogurt, and Honey Baked Ham & Cafe

Limited opportunities remain for small shops and restaurants.

For more information, visit http://www.millcreeksquare.com.

Project Development/Ownership/Management

Mill Creek Square, owned by MCS-Lancaster DE Holding, LP, was a development of High Real Estate Group of Lancaster, Pa. Additional High Real Estate Group affiliates Greenfield Architects Ltd. and High Construction Company provided the project’s design and construction.

High Associates Ltd. is the Leasing Manager for Mill Creek Square. TKG Management, Inc. of Columbia, Missouri is the Property Manager.

Location and Trading Area

Mill Creek Square, which opened in phases from the fall of 2010 to the summer of 2011, is situated along the established commercial corridor of Lincoln Highway East (US Route 30) in East Lampeter Township, Lancaster County, Pennsylvania. Mill Creek Square offers high-quality, value-oriented shopping to the community for the benefit of residents living in the eastern portion of the County who want the convenience of closer-to-home shopping, and from a regional shopping perspective, the center complements the outlet shopping experiences available in this area, as well as other national value oriented retailers who have wisely positioned themselves there.

Overview/Description of the Area

Mill Creek Square is in the heart of the value-oriented retail concentration in Lancaster Country situated between the Rockvale Square and Tanger Outlets and near other dominant value-oriented retailers such as Target, Wal-Mart, Costco and Best Buy proximate to the confluence of US Route 30 and Routes 23 and 222 as well as I-283. It is ideally situated for retailers seeking to serve the nearby neighborhoods, the immediate trade area of the Eastern portion of the county, and a far-reaching regional trade area.

About High Real Estate Group LLC and High Associates Ltd.

High Associates Ltd. is an affiliate of High Real Estate Group LLC, a full-service real estate organization. High Real Estate Group provides expertise in development, brokerage and leasing, architecture, construction, and investments and holds real estate assets valued at more than $740 million. It also offers a full complement of real estate services including asset and property management, appraisal services, grounds and property maintenance, strategic planning, and consulting. The company manages more than nine million square feet of office, industrial, multi-family, hotel, and retail properties throughout the eastern United States. High Real Estate Group is based in Greenfield Corporate Center, East Lampeter Township, Lancaster, Pa. More information is available at http://www.highrealestategroup.com or 1-800-638-4414.

*According to a survey of more than 6,500 consumers conducted in May 2013 by Market Force Information.

**Based upon a price comparison of comparable products sold at leading national retail grocery stores.

CONTACTS

High Real Estate Group:

H. Stephen Evans, Senior Vice President and Managing Director-Retail Division
High Associates Ltd. (an affiliate of High Real Estate Group LLC), Leasing Manager
1853 William Penn Way, Lancaster, PA 17601
717-209-4069
sevans(at)high(dot)net

ALDI Inc.:

Gabrielle Brewer
(312) 988-2330
GBrewer(at)webershandwick(dot)com

Hannah Dewey
(312) 988-2021
HDewey(at)webershandwick(dot)com


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