Aldi Mulling Expansion into Eastern Pa., New Jersey
BATAVIA, Ill. -- Aldi, the international limited-assortment retailer with U.S. headquarters here, is interested in expanding into eastern Pennsylvania and New Jersey. To that end, the company has retained the services of Plymouth Meeting, Pa.-based Fameco Real Estate to represent it in identifying new development opportunities in those areas.
Noted Rick Weinberg, the Fameco representative in charge of the account, "Aldi is seeking to purchase, lease, or ground lease sites in community and regional shopping districts with convenient access to population centers of at least 35,000 within three miles."
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The average Aldi store is 16,485 square feet with at least 85 dedicated parking spaces. The company currently operates 5,000 stores in 16 countries, among them more than 800 locations in 26 states from Kansas to the East Coast.
Noted Rick Weinberg, the Fameco representative in charge of the account, "Aldi is seeking to purchase, lease, or ground lease sites in community and regional shopping districts with convenient access to population centers of at least 35,000 within three miles."
(Story continues below.)
The average Aldi store is 16,485 square feet with at least 85 dedicated parking spaces. The company currently operates 5,000 stores in 16 countries, among them more than 800 locations in 26 states from Kansas to the East Coast.