SFM - Mergers and acquisitions

LAKE FOREST, Ill., Feb. 20, 2024 /PRNewswire/ -- Prairie Hill Holdings has acquired Rillito Crossing Marketplace, a 96,424 sqft Sprouts (NASDAQ:SFM) anchored shopping center in Tucson, AZ for $27.5mn.    Rillito Crossing Marketplace comprises a mix of local and national "daily needs" tenants consisting of grocery, fitness, health & wellness, restaurants and other complimentary uses. The presents Prairie Hill with the rare opportunity to purchase a dominant grocery anchored neighborhood center with multiple value-add components, including two undeveloped parcels. The backdrop of negative sentiment in commercial real estate is creating some incredible opportunities,

PHOENIX, March 20, 2023 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (NASDAQ:SFM) today announces that it has acquired two independently owned stores in Chula Vista, California, operating under the Sprouts Farmers Market name pursuant to a legacy trademark license arrangement. Acquiring these stores will allow complete control of the Sprouts brand and open further expansion possibilities in Southern California. The Company licensed the Sprouts Farmers Market trademark to a third-party operator many years ago in a one-of-a-kind operating structure. No other licensed Sprouts stores exist. "We are pleased to bring these two high-volume stores into the Sprouts fold, allowing us to serve m