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The sale's price represented a $512 per square foot and a Cap rate from the prior UNFI tenant of around 4.47%.
Joseph Roy, supplier relations manager group manager for UNFI, says the "gourmet and upscale" line is ideal for "the foodies who want to try something new." The distributor is marketing items to independent gourmet retailers and upscale supermarket chains.
"Thanks to Steve's leadership over the last eight years, UNFI has undergone a dramatic evolution," said James Heffernan, UNFI's lead independent director.
UNFI's original competitors, many of whom were cooperatively owned, couldn't keep up with its aggressive expansion, which was partially funded by Wall Street investors.
Tickers featured: AH.AS, AMZN, CAG, CHEF, COST, CPB, CQB, FDP, GIS, HAIN, K, KFT, LNCE, NLSN, RAH, SUSS, SVU, SWY, TGT, THS, UNFI, WFM, WMT.
The Greene, NY-based company built the fleet for United Natural Foods (UNFI), an independent national distributor of natural, organic, and specialty foods and related products.
Product:100% Organic, Kosher and Vegan Super Food Energy Bar product line (24 flavors) Highly successful startup beyond "Proof of Concept", with Jim Wolfe (ex-CEO for Balance Bar) saying "You have a ten here" Company has WEST COAST UNFI / Whole Foods, and ABC chain (86 outlets) requesting product distribution, and smaller existing retail outlets Statewide.
(UNFI) is the largest wholesale distributor of natural, organic and specialty foods in the United States, with 28 distribution centers in the U.S.
Simone is currently a director of United Natural Foods (NASDAQ: UNFI).
Funk, a 32-year veteran of the company, will become chair of the board and remain actively involved in strategic growth initiatives and key customer and supplier relations, according to the natural foods distributor.Before joining UNFI, Spinner spent over 20 years at Performance Food Group Co.
US communications holding company AT&T Inc (NYSE: T) announced on Thursday (3 January) that the company has signed a new three-year, USD1.2m contract with United Natural Foods Inc (Nasdaq: UNFI), an independent distributor of natural foods and products in US.
Trouble for UNFI's Supervalu Acquisition https://bit.ly/2QTafbM
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- Unfertilized Oocyte
- Unfication Church
- Unfication Church
- Unfilled Customer Order
- Unfilled Grain
- Unfilled Order
- Unfilled Order Listing
- Unfilled Orders
- unfilled sealant
- Unfiltered White Noise
- Unfinanced Requirement
- Unfinanced Requirements List