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Retailer Profile Sanford Targets 100 New Store Openings

GlobeSt.com exclusively chats with the retailer’s broker, Gregg Brown, and learned that ultimately the goal is to get to 500 locations.

L-R: Kurt Brost, Director of Real Estate for Profile, Tony Colvin, Mid-America Real Estate Group (Milwaukee, WI office) and Gregg Brown at last month’s RECon convention in Las Vegas.

NAI Sioux Falls SVP and managing director Gregg Brown, MBA, SIOR is the broker for Profile Sanford and is busy working with local brokers and franchisees in locating and executing 100 more leases this year on behalf his fast-growing client. We chatted with Brown and learned that in the past year and a half, Brown has helped facilitate 80 store leases for Profile, which currently has 115 open locations in 41 US states and 388 in development for future locations.

“The first 36 or so stores took about five years to open through internal and organic growth but then Profile brought in a franchisee brokerage in 2018 to roll out the concept in all 50 US states,” Brown tells GlobeSt.com. “Since then we’ve helped them open a monthly average of 10 new locations and their business plan calls for 100 new stores to open this year. Ultimately the goal is to get to 500 locations.”

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Natalie Dolce

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.

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