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17 Jul2012

Sansone Group/CORFAC International Representing hhgregg In Midwest Expansion Efforts

St. Louis, MO (July 17, 2012)  Indiana-based hhgregg has recently expanded into Missouri and Illinois markets. New stores will be located in Fairview Heights, Illinois, Fenton, Missouri, Chesterfield, Missouri and St. Peters, Missouri. All but the Chesterfield store are located in shopping centers that had existing space to lease. The Chesterfield store is currently under construction and will be a freestanding building. All four locations are planning late summer 2012 openings. Sansone Group/CORFAC International of St. Louis is representing the Tenant, hhgregg, in their expansion efforts.

According to Grant Mechlin, Sansone Group’s Sr. Associate in Retail and Tenant Representation, “hhgregg will likely continue to focus on the Missouri and southern Illinois markets for future expansion once their initial store rollout is complete. They typically lease between 25,000-30,000 square feet in a Junior Anchor capacity.”

Starting with just one 800 square foot store in Indianapolis, Indiana in 1955, what is now the appliance and consumer electronics superstore, have steadily been popping up throughout the east and working their way westward, with over 190 locations in 19 states.

Anyone wanting to submit potential sites should send them to Grant Mechlin at Sansone Group (314.727.6664, gmechlin@sansonegroup.com).

About hhgregg
The H.H. Gregg company was founded on April 15, 1955, in Indianapolis, Indiana by Henry Harold Gregg and his wife Fansy. The business was founded on caring customer service.  Shoppers enjoyed the personal service and attention to detail the store offered, and as a result, business soon prospered. hhgregg became a Publicly Traded Company in 2007, (ticker symbol) HGG. Today, hhgregg is one of the nation's leading and fastest growing retailers of home appliances and consumer electronics with over 190 locations in 19 states.

About Sansone Group
Founded in 1957 by Anthony F. Sansone, Sr., Sansone Group is a nationally recognized St. Louis-based commercial real estate firm that specializes in property and facility management, brokerage, development and redevelopment of retail, industrial, office and residential properties. Sansone Group is the St. Louis affiliate of CORFAC International. Currently Sansone Group has over 20 million square feet of property in 11 states. Headquartered in St. Louis, Missouri, Sansone Group has offices in Overland Park, Kansas, Fayetteville, Arkansas, Knoxville, Tennessee, Nashville, Tennessee, Palm Beach Gardens, Florida, Coral Springs, Florida and Miami, Florida.

 

MEDIA CONTACT

Patricia True Agos
773-758-5044
patricia@ktpronline.com

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