SALT LAKE CITY, UT and ANCHORAGE, AK-The Anchorage office of Coldwell Banker Commercial NRT has been selected by Safeway Inc., one of today's largest grocers in North America, to manage seven shopping centers.

The Safeway Inc. shopping center portfolio is comprised of approximately 1 million square feet of retail space in Anchorage, Fairbanks, and Dutch Harbor, and will include Safeway store or grocery affiliate as the anchor tenant at each shopping center location.

“We are pleased to partner with Coldwell Banker Commercial and Elisha Martin of CBC Asset Services on our investment portfolio,” said Safeway Inc. regional property manager Lorna Faxon. “We're proud to be a part of the Alaskan community and hope new customers will count on us for great prices on the freshest produce and meat, as well as take advantage of all the new retail opportunities on the horizon.”

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.