scolaris hilander
Our new line is made with whole wheat flour, is low
in saturated fat, has no trans fats, and is
a delicious source of dietary
fiber.com.iga supermarket
/Baltimore area, and
Northern and Southern California
.
"Regency and CountryWide are excited about this unique and
terrific opportunity to acquire an
outstanding portfolio of infill
centers with excellent prospects for growth. The quality of the
portfolio
in terms of top markets, grocer strength and especially
demographics, augments Regency's already
exceptional portfolio."
Company
website
Williams summarized, "While Americans are still carb-cautious, they are
also becoming
more aware of the dietary benefits of 'good' carbs and whole
grains. Among the factors that could
cause Monterey
Gourmet Foods' actual results to differ from such forward-looking
statements are
the following: (i) the process associated with the
integrations of CIBO Naturals' operations, processes
, and products, (ii) a
significant reduction of sales to two major customers currently comprising
a majority of total revenues, (iii) the retention of newly acquired
customers including achieving
volume projections for these new customers,
(iv) the Company's ability to achieve improved production
efficiencies in
connection with the introduction of its new packaging and new items, (v)
the timely
and cost-effective introduction of new products in the coming
months, (vi) the utilization of the
recently-completed plant expansion and
the increased fixed costs associated with increased plant
capacity, (vii)
retention of key personnel and retention of key management, (viii) the
risks inherent
in food production, (ix) intense competition in the market
in which the Company competes and (x)
Monterey Gourmet Foods' ability to
source competitively priced raw materials to achieve historical
operating
margins. The Company undertakes no
obligation to update or revise publicly, any forward
looking statements
whether as a result of new information, future events or otherwise.supermarket grocery
The transaction
, valued at
approximately $2. Morgan Securities and Citigroup
Global Markets Inc.regencycenters
. So
now health-conscious pasta lovers can have their ravioli -- and eat it,
too!"
For more
detailed information on the entire whole wheat line, visit the
Monterey Gourmet Foods website at
www.
This press release contains forward-looking statements concerning the
effect of Monterey
Gourmet Foods' corporate acquisitions and product
innovations on projected sales for future periods
by product including
without limitation statements including such terms as "committed," "in the
planning stages," "anticipates," "capitalizing on a significant new trend,"
"strong initial acceptance
," and "are becoming. Consequently, the
Company wishes to caution readers not to place undue reliance
on any
forward-looking statements.
Monterey Gourmet Foods has national distribution of its products
in over
9,700 retail and club stores throughout the United States and selected
regions of Canada
, the Caribbean, Latin America, and Asia Pacific.grocer albertsons
93,200 Lunds
Paul
58 Rockford Road Plaza Minneapolis-St.fmcg wiggly
----Regency
Centers Corporation (NYSE:REG
) announced today that it and its joint
venture partner, Macquarie CountryWide Trust of Australia
, have
entered into a definitive agreement to purchase 101 retail centers
totaling approximately
13 million square feet from CalPERS/First
Washington ("First Washington").C. The replay will be available
for two weeks
by dialing 888-203-1112 pass code 4248776.
supermarkets hannaford
If you are
unable to participate during
the live webcast, the call will also be
archived on the web site.
Portfolio Details
----------------------------------------------------------------------
Property
MSA GLA Anchor
--------------------------------------------------------
--------------
California (CA) properties
1 Brea Marketplace Los Angeles 298
,193 Toys "R" Us
2 Granada Village Shopping Los Angeles 224,725 Ralphs
Center
3 Laguna Niguel Plaza Los Angeles 42,124 Albertson's
4 Lake Forest Village
Los Angeles 119,706 Albertson's
5 Silverado Plaza Napa 84
,916 Nob Hill
Foods
6 Twin Oaks
Shopping Center Oxnard 98,399 Ralphs
8 Auburn Village Sacramento
133,944 Bel Air
Market
9 Stanford Ranch Village Sacramento 89,874 Bel Air
Market
10 Navajo Shopping Center San Diego 102,138 Albertson
's
11 Point Loma Plaza San Diego 212,905 Vons
12 Rancho San Diego Village
San Diego 152,895 Vons
13 Bayhill Shopping Center San Francisco 121,846
Mollie
Stone's
Market
14 Pleasant Hill Shopping San Francisco
233,678 Target
Center
15 Ygnacio Plaza San Francisco 109,429 Albertson
's
16 Mariposa Shopping Center San Jose 126,658 Safeway
17 Snell + Branham Plaza
San Jose 99,349 Safeway
18 Five Points Shopping Santa Barbara 144,553
Albertson's
Center
-----------
California
subtotal 2,395,332
--------------------------------------------------
--------------------
----------------------------------------------------------------------
Property MSA GLA Anchor
------------------------------
----------------------------------------
Colorado (CO) properties
19 Arapahoe Village
Boulder 159,237 Safeway
20 Applewood Shopping Center Denver 375,622
King Soopers
21 Cherrywood Square Shopping Denver 86,161 King Soopers
Center
22 Ralston Square Shopping Denver 82,750 King Soopers
Center
-----------
Colorado subtotal
703,770
----------------------------------------------------------------------
Connecticut
(CT) property
23 Corbin's Corner Hartford 177,207 Toys "R" Us
-----------
Best Buy
Connecticut subtotal 177,207
----------------
------------------------------------------------------
Delaware (DE) properties
24 First State
Plaza Philadelphia 164,576 Shop Rite
25 Newark Shopping Center Philadelphia
184,017 Dollar
Express
26
Shoppes of Graylyn Philadelphia 66,676 Rite Aid
-----------
Delaware subtotal 415,269
----------
------------------------------------------------------------
District of Columbia (DC) property
27 Spring Valley Shopping Washington, DC 16,834 CVS/pharmacy
Center
-----------
District of Columbia subtotal
16,834
----------------------------------------------------------------------
Florida
(FL) property
28 Village Commons Miami 169,053 Publix
-----------
Florida subtotal 169
,053
----------------------------------------------------------------------
Illinois (IL) properties
29 Brentwood Commons Chicago 125,585 Dominick's
30 Civic Center Plaza
Chicago 265,015 Dominick's
32 Mallard Creek Shopping Chicago 143
,574 Dominick's
Center
33 McHenry Commons Shopping Chicago 100,526 Dominick
's
Center
34 Riverside Square + River's Chicago 169,437 Dominick's
Edge
Plaza
35 Riverview Plaza Chicago 139,262 Dominick's
36 Stonebrook Plaza
Shopping Chicago 95,826 Dominick's
Center
37 The Oaks Shopping Center Chicago
135,084 Dominick's
-----------
Illinois
subtotal 1,174,309
------------------------------------------------
----------------------
----------------------------------------------------------------------
Property MSA GLA Anchor
--------------------------
--------------------------------------------
Indiana (IN) properties
38 Willow Lake Shopping
Indianapolis 85,923 Kroger
Center
39 Willow Lake West Shopping Indianapolis
52,961 Trader Joe's
Center
--------
---
Indiana subtotal 138,884
---------------------------------
-------------------------------------
Maryland (MD) properties
40 Elkridge Corners Shopping
Baltimore 73,529 Super Fresh
Center
41 Festival at Woodholme Baltimore
81,027 Balducci's
42 Northway Shopping Center Baltimore 98,016 Shoppers
Food
Warehouse
43 Parkville Shopping Center Baltimore 162,433 Super
Fresh
44 Southside Marketplace Baltimore 125,147 Shoppers
Food
Warehouse
45 Valley Centre Baltimore 252,314 T. These statements
are based on current expectations,
estimates and projections about the industry and markets in which
Regency operates, management's beliefs and assumptions.unprocessed scolaris
Business Editors/Real Estate Writers
JACKSONVILLE, Fla.
The Macquarie CountryWide-Regency venture ("Venture") for this
investment
will be owned 65% by Macquarie CountryWide and 35% by
Regency. 48% of the centers
are located
in the metropolitan Washington D.
Forward-looking statements are not guarantees of future performance
and involve certain known and unknown risks and uncertainties that
could cause actual results
to differ materially from those expressed
or implied by such statements.copps wiggly
The
Venture's target
leverage will be 60%, and the debt will initially be
comprised of the assumption of approximately
$900 million of secured
property debt and approximately $800 million of bridge financing
provided
by affiliates of Wachovia Capital Markets, LLC and JPMorgan
Chase Bank. The majority of the existing
mortgages are expected to be
refinanced within the first six months, which will generate enough
proceeds
to fully repay the bridge.com
jims aldi
P. acted as financial advisors to the Macquarie
CountryWide
/Regency joint venture for this transaction.hannaford ardnamurchan
International callers may dial
719-457-2634. 207,897
Rainbow Foods
Paul
-----------
Minnesota subtotal 301,097
---------------------
-------------------------------------------------
New Jersey (NJ) properties
59 Edgewater
Commons New York 423,620 Pathmark
60 Plaza Square New York
103,842 Shop Rite
61 Westmont Shopping Center Philadelphia 52,640 Acme Market
-----------
New Jersey subtotal
580,102
----------------------------------------------------------------------
North
Carolina (NC) property
62 Shoppes of Kildaire Raleigh 148,204 Winn-Dixie
-----------
North Carolina subtotal
148,204
----------------------------------------------------------------------
-
---------------------------------------------------------------------
Property
MSA GLA Anchor
---------------------------------------------------------
-------------
Oregon (OR) properties
63 Greenway Town Center Portland 93,100
Lambs
Thriftway
-----------
Oregon subtotal 93,100
----------------------------------------------------------------------
Pennsylvania (PA) properties
64 Allen Street Shopping Allentown 46,420 Ahart's
Center
Market
65 Stefko Boulevard Shopping Allentown 133,824
Valley Farm
Center Market
66 City Avenue
Shopping Philadelphia 156,722 Ross Dress
Center
for Less
67 Mayfair Shopping Center Philadelphia 112,275 Shop 'N Bag
68 Mercer Square Shopping Philadelphia 91,400 Genuardi's
Center
69 Newtown Square
Shopping Philadelphia 146,893 Acme Market
Center
70 Towamencin Village Square
Philadelphia 122,916 Genuardi's
71 Warwick Square Shopping Philadelphia 93,269
Genuardi's
Center
72 Kenhorst Plaza Reading 161,424 Redner's
73 Colonial Square York 28,640 Minnich's
Pharmacy
-----------
Pennsylvania subtotal 1,093,783
------------------------------------
----------------------------------
Texas (TX) properties
74 First Colony Marketplace Houston
111,675 Randalls
75 Memorial Collection Houston 103,382 Randalls
Shopping Center
76 Weslayan Plaza East + West Houston 357,250 Randalls
Shopping Center
77 Westheimer Marketplace Houston 135,936 Randalls
78 Woodway
Collection Houston 111,005 Randalls
-----------
Texas subtotal 819,248
------------------
----------------------------------------------------
Virginia (VA) properties
79 Gayton Crossing
Richmond 156,915 Ukrop's
80 Glen Lea Centre Richmond
78,493 Winn-Dixie
81 Hanover Village Shopping Richmond 96,146 Rack 'n Sack
Center
82 Laburnum Park Shopping Richmond 64,993 Ukrop's
Center
83 Laburnum Square Shopping Richmond 109,405 Kroger
Center
84 Village Shopping
Center Richmond 111,177 Ukrop's
85 601 King Street Washington, DC
8,499 N/A
86 Ashburn Farm Village Washington, DC 88,917 Shoppers
Center
Food
Warehouse
87 Brafferton Center Washington, DC 94,731 Giant Food
88 Centre Ridge Marketplace Washington, DC 104,154 Shoppers
Food
Warehouse
89 Festival at Manchester Washington, DC 165,568 Shoppers
Lakes
Food
Warehouse
90 Fox Mill Shopping Center Washington, DC 103,269 Giant Food
91 Greenbriar
Town Center Washington, DC 345,935 Giant Food
92 Kamp Washington Shopping Washington
, DC 71,825 Borders
Center Books
93 Kings Park Shopping Center Washington, DC 77,202 Giant Food
94 Saratoga Shopping Center
Washington, DC 101,588 Giant Food
95 Town Center at Sterling Washington, DC 190,069
Giant Food
Shopping Center
96 Willston Centre I Washington, DC 105,376 CVS
/pharmacy
97 Willston Centre II Washington, DC 127,449 Safeway
-----------
Virginia subtotal 2,201,711
----------------------------------------------------------------------
------------------
----------------------------------------------------
Property MSA
GLA Anchor
----------------------------------------------------------------------
Washington
(WA) properties
98 Aurora Marketplace Seattle 106,921 Safeway
99 Eastgate
Plaza Seattle 78,230 Albertson's
100 Overlake Fashion Plaza Seattle
80,555 Marshalls
-----------
Washington
subtotal 265,706
--------------------------------------------------
--------------------
Wisconsin (WI) properties
101 Cudahy Center Shopping Milwaukee
103,254 Pick 'n Save
Center
102 Racine Centre Shopping Milwaukee 135,827
Piggly
Center Wiggly
103 Whitnall Square
Shopping Milwaukee 133,301 Pick 'n Save
Center
-----------
Wisconsin subtotal 372,382
---------
-------------------------------------------------------------
-------------------------------
---------------------------------------
Total 12,993,824
----------------------------------------------------------------------
In addition to historical
information, the information in this
press release contains forward-looking statements under the
federal
securities law.supervalu iga
The
combination of population density and household income makes the First
Washington/CalPERS portfolio one of the highest ranking in terms of
buying power.
The Company
has provided additional information regarding risks associated
with the business in the Company's
Annual Report on Form 10-K for fiscal
2003, and its Reports of Material Event on Forms 8-K filed
February 5,
2004, February 10, 2004, April 12, 2004, May 3, 2004, November 8, 2004 and
its Proxy
Statement filed June 21, 2004.albertsons riesbeck
Wachovia Capital Markets, J. EST.aldi iga
On a
leverage-neutral basis,
Regency expects accretion to earnings of 4%-6%
in 2005 and long-term accretion of 2%-3%.
Subsequent
to the purchase, Regency will own or manage 392 retail
centers totaling over 49 million square feet
of gross leasable area
(GLA) located in 26 states. According to Jim Williams, Monterey Gourmet Foods
' President and
CEO, the introduction of the new whole wheat line has generated a great
deal of
interest from both traditional supermarkets and warehouse club
stores. Additional
whole wheat
products, such as fresh prepared entrees, are in the planning
stages and the Company anticipates
introducing these sometime this year.hilander copps
J.
-- Features four varieties with dough made from
whole grain
-- Strong initial response by customers and consumers
-- Company adding whole wheat
products to over 2,500 stores nationwide
Monterey Gourmet Foods (NASDAQ: PSTA) today announced
the introduction of
their new fresh whole wheat pasta line under its Monterey Pasta Company
brand
.
(Click here for details)
Within the first six weeks of introduction, eleven retail chains
representing
over 2,500 stores, have committed to carry the whole wheat
items.lowes supervalu
Regency Centers + Macquarie CountryWide
to Acquire CalPERS/First Washington Portfolio
The Venture intends to fund the acquisition through
a
combination of assumed debt, new debt financing and equity. At the same
time, Regency will keep
this information publicly available on its web
site http://www. Our new whole wheat pasta delivers
gourmet flavors, the convenience
of traditional fresh pasta, with the health benefits of whole grains
.lowes hilander
The acquisition also allows us to profitably expand into
new markets such as suburbs of New York
City and Minneapolis and
enhance our presence in the key target markets of Chicago,
Philadelphia
and Washington D.
Conference Call
In conjunction with this announcement, Regency will
be hosting a
conference call on Tuesday, February 15, 2005 at 10:00 a.RegencyCenters., Wegmans, Albertsons
, Heinens, and Giant Carlisle. Such forward-looking statements are inherently uncertain, and
investors
must recognize that actual results may differ from those
expressed or implied in the forward-looking
statements.copps hannaford
These include Safeway, Dominick's, Ralphs, Jewel, Raleys,
Hannaford Bros.
Commenting
on the current whole grain popularity, Jim Williams stated,
"Whole grain products are very much in
demand as health-conscious consumers
become increasingly aware of their dietary benefits.
Monterey
Gourmet Foods manufactures USDA inspected, fresh gourmet
refrigerated food products at its integrated
143,000 square foot corporate
headquarters, distribution, and manufacturing facilities in Salinas
,
(Monterey County) California, its organic food production facility in
Eugene, Oregon and its
newly acquired facility in Seattle, Washington.hannaford scolaris
83% of the portfolio is grocery
anchored, with nearly
80% of those tenants ranked in the top three in
terms of market share in their respective markets
. Such risks and uncertainties include,
but are not limited to, changes in national and local economic
conditions, financial difficulties of tenants, competitive market
conditions including pricing
of acquisitions and sales of properties
and out parcels, changes in expected leasing activity and
market
rents, timing of acquisitions, development starts and sales of
properties and out parcels
, weather, obtaining governmental approvals
and meeting development schedules.
During the quarter
, Regency's corporate representatives may
reiterate these forward-looking statements during private
meetings
with investors, investment analysts, the media and others.copps winco
Average household
income in
the portfolio is approximately $82,000 and population
density within three miles of the centers averages
greater than
110,000 people.m.PRESS RELEASE Monterey Gourmet Foods Introduces Whole Wheat Pasta Line
The Food and Related Products: Retail category lists sites for major food retail chains or for food
retail industry resources.
supervalu lowes
74 billion, has been approved by each partners' board
of directors and
is expected to close in the second quarter.C., while substantially growing our
joint venture program
," said Martin E. Stein, Jr. Also, a
major retail supermarket chain in the southeast just recently
committed to
adding all of the whole wheat items in their 800+ stores.aldi thriftway
com. International callers
may
hear the replay by dialing 719-457-0820 and using pass code 4248776.copps albertsons
Regency plans to fund
its 35% equity, which is approximately $400
million, by drawing on its line of credit and with approximately
$275
million of bridge financing provided by Wells Fargo Bank. Four whole wheat items are now shipping
to retail supermarkets,
including three ravioli, (Vegetable & Cheese, Tomato, Basil & Mozzarella
,
and Chicken & Sun Dried Tomato) as well as Classic Italian Cheese
Tortellini. Two of the ravioli
varieties (Vegetable & Cheese and Basil,
Tomato & Mozzarella) are shipping to warehouse club stores
. Monterey Gourmet
Foods is again the innovative leader in capitalizing on a new trend for the
fresh
pasta category.montereygourmetfoods.unprocessed albertsons
The First Washington portfolio is 96% leased, and located
throughout
17 states and the District of Columbia., Chairman and Chief
Executive Officer of Regency Centers
. The
dial in number is 800-967-7185. The call will also be broadcast live over the internet
on
the Company's web site http://www. In addition, the Company's results may also be affected by
general
factors, such as economic conditions, political developments,
interest and inflation rates, accounting
standards, taxes, and laws and
regulations in markets where the Company competes.albertsons ardnamurchan
Maxx
46 Bowie
Plaza Washington, DC 104,037 Giant Food
47 Clinton Square Shopping Washington
, DC 18,961 N/A
Center
48 Cloppers Mill Village Washington, DC 137,035
Shopper's
Shopping Center Club
49 Firstfield Shopping
Center Washington, DC 22,328 N/A
50 Goshen Plaza Washington, DC 45,654
CVS/pharmacy
51 Mitchellville Plaza Washington, DC 156,124 Food Lion
52 Penn Station
Shopping Washington, DC 244,816 Safeway
Center
53 Rosecroft Shopping Center
Washington, DC 119,010 Food Lion
54 Takoma Park Shopping Washington, DC 108,168
Shoppers
Center Food
Warehouse
55 Watkins Park Plaza Washington, DC
113,443 Safeway
56 Woodmoor Shopping Center Washington, DC 65,791 CVS/pharmacy
-----------
Maryland subtotal
1,927,833
----------------------------------------------------------------------
Minnesota
(MN) properties
57 Colonial Square Minneapolis-St. We are seeing a lot of broad-based
excitement for whole grain
products, and our Company is happy to report a very strong initial
acceptance
of our Monterey Pasta whole wheat line." These forward-looking
statements are based on currently
available competitive, financial and
economic data and management's views and assumptions regarding
future
events.iga supermarket
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