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Grocery news – page 4
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Publix Opens 48,387 SF Grocery Store in Cold Spring, KentuckyCOLD SPRING, KY. — Publix Super Markets has opened a new Publix grocery store in northern Kentucky. The 48,387-square-foot store is located at 5401 Alexandria Pike in Cold Spring, about 11 miles south of Cincinnati.
Kosher Grocer Bingo Wholesale Buys $50M Dev Site in Bed-StuyPopular kosher grocery chain Bingo Wholesale is expanding its Brooklyn footprint into Bedford-Stuyvesant.
Whole Foods Tapped to Anchor Southlake Mixed-Use DevelopmentWhole Foods Market will anchor a 40-acre mixed-use community called Shivers Farm in Southlake. Trademark Property Co. is developing what will be a $120 million mixed-use development.
Representative imageKLNB Arranges Leases With Aldi, Other Retailers at Retail Development in Stafford, VirginiaSTAFFORD, VA — Mid-Atlantic commercial real estate brokerage firm KLNB has arranged multiple retail leases for the Market at Austin Ridge, a shopping center underway in Stafford. The new leases are with Aldi, Texas Roadhouse, Sheetz and Flagship Carwash.
Representative imagePublix Buys Second Retail Center Near Boynton BeachPublix’s South Florida shopping spree continues. The Lakeland, Fla.-based grocery store chain paid $24 million for one of the shopping centers it anchors near Boynton Beach, Fla. — nearly doubling the property’s value in just two years, records show.
JLL Negotiates $53.8M Sale of Grocery-Anchored Retail Center Near TucsonORO VALLEY, ARIZ. — JLL Capital Markets has negotiated the $53.8 million sale of Oracle Crossing, a 265,530-square-foot retail center located in Oro Valley, approximately six miles northwest of Tucson.
Representative imageBCIP Acquires 32.6 Acres on Florida’s Space Coast, Plans Grocery-Anchored Mixed-Use DevelopmentWEST MELBOURNE, FLA. — Barron Collier Investment Partners (BCIP) has acquired 32.6 acres from MultiVerse Global, the developers of the 225-acre Space Coast Town Center in West Melbourne, a city on Florida’s Space Coast.
DLC, Acadia Divest Grocery-Anchored Hartford Retail for $63MJeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners represented DLC and Acadia Realty Trust in the sale of Tri-City Plaza in Vernon, CT for $62.5 million. The team also procured the buyer, East Coast Acquisitions.
JLL Brokers $31.5M Sale of Grocery-Anchored Neighborhood Center in El Cajon, CaliforniaEL CAJON, CALIF. — JLL Capital Markets has brokered the $31.5 million sale of The Shops at Parkway Plaza, a grocery-anchored retail center in El Cajon. A private seller sold the asset to a Texas-based family office.
Representative imageWhole Foods Signs 10K-SF Lease for Bodega-Like Grocery Store in BushwickWhole Foods has selected Brooklyn’s bustling Bushwick neighborhood as the next potential location for its bodega-like market concept.
Representative imageSprouts Farmers Market to Open 28,750 SF Grocery Store in Somerset, New JerseySOMERSET, N.J. — Sprouts Farmers Market will open a 28,750-square-foot grocery store in the Central New Jersey community of Somerset. The Phoenix-based grocer is taking space at the 219,000-square-foot Somerset Shopping Center.
Texas Family Office Snaps Up Grocery-Anchored El Cajon RetailJLL Capital Markets has completed the $31.5-million sale of The Shops at Parkway Plaza, a grocery-anchored retail center totaling 122,484 square feet in El Cajon. JLL represented the private seller in the sale of the property. The buyer was a Texas-based family office.
TPG-Led Investor Group Acquires ECHO Realty in $2B DealA TPG Real Estate-led group has acquired ECHO Realty, a full-service owner and operator of grocery-anchored retail real estate, in a transaction valued at approximately $2 billion.
Connolly, Coro Realize Hefty Gain from Sandy Springs Retail SaleConnolly and Coro Realty Advisors sold Chastain Market for $71 million to Kite Realty Group. The Atlanta Business Chronicle reports the sellers had purchased the 121,000-square-foot center for $40.5 million in 2022. Trader Joe’s replaced Sprouts after the latter closed in 2023.
Representative imageColliers Negotiates $25M Sale of Grocery-Anchored Retail Center in OrlandoORLANDO, FLA. — Colliers has negotiated the sale of West Colonial Oaks, a 161,333-square-foot, grocery-anchored retail center located at the intersection of West Colonial Drive and Hiawassee Road in Orlando. A Dallas-based family office purchased the property for $25 million.
Grocery-Anchored Folsom Center 90% Pre-Leased a Year Ahead of OpeningHunter Partners announced that two new leases have pushed Alder Creek Marketplace in Folsom to 90% leased, more than a year before its planned opening in the fall of 2027. Bank of Montreal (BMO) signed a 4,500-square-foot lease.
Kroger Eyeing Superstore in Dunwoody Retail CenterKroger is looking to take over much of an abandoned 183,000-square-foot Dunwoody building formerly occupied by Walmart.
JLL Negotiates Sale of 110,780 SF Publix-Anchored Shopping Center in Fort Myers, FloridaFORT MYERS, FLA. — JLL has negotiated the sale of Daniels Crossing, a 110,780-square-foot, Publix-anchored shopping center located at 6900 Daniels Parkway in Fort Myers. Publix Super Markets Inc.
Publix Buys Another South Florida Retail CenterPublix has bought yet another retail center in South Florida. The grocer paid $78 million for a 178,726-square-foot, open-air property, where it’s the main tenant, west of Boynton Beach, Fla., property records show.
Whole Foods-Anchored Chamblee Retail Center Trades for $55.4MHarrison Street Asset Management offloaded a 106,000 Atlanta shopping center for $55.4 illion. Peachtree Station was purchased by TA Realty. The Whole Foods-anchored center is 100% leased. The lease remains in effect until 2037.