Entering the Virginia state market only last month, Publix may be already preparing to enter another. The Florida-based retailed has hired a new broker out of Washington D.C., creating speculation that the company may be expanding into the region for the very first time.
Sam Hodges, a Principal at real estate firm KLNB Retail, will be joining Publix as its local property representative, according to the Washington Business Journal. According to the KLNB website, Hodges is on both landlord and tenant representation in the Washington-Baltimore market, with prior clients including retailers like Wegmans, Safeway, Giant Food Stores, Food Lion, and more.
This isn’t the first time whispers have stirred that Publix may be seeking property in the region, either. The company was spotted with a booth at the International Council of Shopping Centers’ Mid-Atlantic Dealmaking and Conference event last week at National Harbor, MD, making it the first time Publix has had a presence at the event, which connects landlords with potential retailers, says the Washington Business Journal. The retailer reportedly held several meetings with brokers and other conference goers.
When asked by the Washington Business Journal, Publix Media & Community Relations Manager, Kimberly Reynolds, confirmed that the chain is looking to open stores throughout Virginia, but would not mention any specific stores in the Washington D.C. region.
As more news is released about the company's plans for growth, we will continue update you.