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.”

Coldwell Banker commercial NRT COO (Utah Region) Randy Owen echoed his excitement for this new assignment in Alaska, “The Safeway Inc. portfolio represents a fantastic retail addition for the Alaska office as well as the intermountain region for CBC. Elisha Martin is a talented professional in the Alaska market and we intend to deliver superior management and leasing services to this important client.”

Coldwell Banker Commercial NRT in Utah is based in Salt Lake City and is one of four offices in the Western region of the United States. Operating as part of the Coldwell Banker Commercial NRT brand, Coldwell Banker Commercial NRT Utah employs more than 90 licensed brokers.