H.G. Hill Realty Company signs lease with ALDI for Madison location

  • September 23rd, 2015  

    MADISON, Tenn. – Sept. 23, 2015 – H.G. Hill Realty Company has signed a lease with ALDI for the company’s property located at 135 Gallatin Road, South in Madison.

    The new ALDI grocery store will occupy 18,539 square feet of a new building that will also contain an additional 6,500 square feet of retail. Demolition and construction will begin in the fourth quarter of this year.

    The existing structure, which originally housed an H.G. Hill Food Store, most recently operated as a Reese’s Food Store before closing in 2014. “We are thrilled to have ALDI as our newest tenant in Madison,” said Jimmy Granbery, CEO, H.G. Hill Realty Company. “The popularity of the grocery store brand has grown exponentially throughout Middle Tennessee and will be a great addition to the community.”

    Construction is expected to be complete by the second quarter of 2016. Once open, the Madison store will create approximately 10 jobs. Currently, the company operates 38 locations in the state, with 17 located in Middle Tennessee.

    “As ALDI continues to grow in the Nashville area, we are pleased to open this new location to help more customers stretch their dollars even further,” said Troy Marshall, Mt. Juliet division vice president for ALDI. “As important as price is, there’s only one way to attract and keep shoppers: You have to have quality products. When people try our ALDI exclusive brands, they are surprised by the savings and impressed by the quality.”

    At ALDI, the nation’s low-price grocery leader*, customers can find more than 1,300 of the most commonly purchased grocery items, including nearly 70 varieties of fresh produce, USDA Choice beef, liveGfreeTM gluten-free foods and a SimplyNature line that has several organic items, sold under ALDI exclusive brands for prices up to 50 percent less** than traditional supermarkets. ALDI conducts rigorous testing to ensure its exclusive brands meet or exceed the national brands on taste and quality, and stands behind this quality with a Double Guarantee: If for any reason a customer is not 100 percent satisfied with a food product, ALDI will gladly replace the product and refund the customer’s money.

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    About ALDI Inc.
    A leader in the grocery retailing industry, ALDI operates more than 1,400 US stores in 32 states, primarily from Kansas to the East Coast. More than 30 million customers each month save up to 50 percent** on their grocery bills, benefiting from the ALDI simple and streamlined approach to retailing. ALDI sells more than 1,300 of the most frequently purchased grocery and household items, primarily under its exclusive brands, which must meet or exceed the national name brands on taste and quality. ALDI is so confident in the quality of its products, the company offers a Double Guarantee: If for any reason a customer is not 100 percent satisfied with any ALDI food product, ALDI will gladly replace the product and refund the purchase price. ALDI was named the 2014 Retailer of the Year by Store Brands Magazine for its strong commitment to value and innovation-focused private brand product development. For more information about ALDI, visit www.aldi.us.

    *According to a survey of more than 6,000 consumers conducted in March 2014 by Market Force Information.
    **Based upon a price comparison of comparable products sold at leading national retail grocery stores.

     

    About H.G. Hill Realty Company, LLC
    Since 1895, H.G. Hill Realty has built a legacy of service and stewardship in Middle Tennessee. In 1926, following the success of H.G. Hill Food Stores, Mr. H.G. Hill, Sr. incorporated H.G. Hill Realty Company into which he placed most of the property he had acquired over the years. Mr. H.G. Hill, Jr. took the helm of the Hill Companies in 1942 and continued the tradition of acquiring and developing property during his 51 years as President. It was during Mr. Hill, Jr.’s tenure that the concept of neighborhood shopping centers became popular, and H.G. Hill Realty Company began to develop a number of strip centers in Nashville suburbs, each of which was anchored by an H.G. Hill Food Store. In 1999, H.G. Hill Company sold the bulk of its food stores and focused its attention on the development of its vacant and underutilized properties, creating a dramatic increase in overall asset performance. For more information, visit http://www.hghill.com.

     

    MEDIA CONTACT:
    Amy Kovar, APR
    Gray Public Relations
    615.497.1799
    akovar@graypr.com