CHESTER, PA. — A town in southeastern Pennsylvania will be getting its first supermarket in more than a decade, thanks to a project by hunger relief organization Philabundance. The organization recently purchased Chester's former grocery building at 3109 W. 9th St., which closed in 2001. CBX, a retail design consultancy, will design a prototype for the new not-for-profit grocery store, named Fare & Square, that is expected to open this summer. The 13,000-square-foot store will sell healthy food at low prices, with a focus on fresh produce, meats, dairy, seafood and frozen foods. Philabundance says it has been working on the concept for the past five years and aims to replicate the model in other communities in the Delaware Valley.
GREENVILLE, S.C. — Lee & Associates has closed the sale of a former Sam’s Wholesale Club for $3.25 million in Greenville. The buyer, Verdae Properties, plans to incorporate the acquisition into a larger development, as it also owns adjacent properties. The former Sam’s Wholesale Club is located at 2519 Laurens Rd. in Greenville. The 133,143-square-foot facility was built in 1986.
ST. JOSEPH, MO. — Agree Realty Corp. has acquired a 57,342-square-foot shopping center in St. Joseph for $8.5 million. Dick's Clothing and Sporting Goods occupies 45,000 square feet and PetSmart occupies 12,342 square feet of the retail property. Both tenants have approximately 9.5 years remaining on the base term of their leases. Retailers within the immediate trade area include a WalMart Supercenter, Target, Kohl's, Lowe's and Home Depot. St. Joseph, Mo. is located about 55 miles north of Kansas City.
OMAHA — Darland Construction Co. has begun construction on the 57,000-square-foot Village Pointe Toyota dealership in Omaha. The building will feature a distinctive mix of materials including glass, precast and aluminum composite architectural panels. The 7.8-acre site will display more than 550 new cars and provide more than 100 parking stalls for staff and customers, nearly tripling the capacity of the exiting Old Mill Toyota site. When construction is completed this summer, the current Old Mill Toyota will relocate the new facility. The Van Tuyl Group owns the property, and Purdy & Slack Architects is the architect.
NEW YORK CITY — Florida-based chain BurgerFi will open its first New York City location next week at 1571 Second Ave. on the Upper East Side. The fast-casual restaurant bases its food on the roadside burger stand of the 1950s and 1960s, but with the inclusion of all-natural ingredients. The chain prides itself on its “farm-to-tray” approach, which means humanely raised, antibiotic- and hormone-free beef. Menu items include Wagyu Kobe hot dogs, vegetarian quinoa burgers and frozen custard. The opening is the first of two planned Manhattan locations for the chain. Nationwide, there will be 16 outposts by the end of February, and the plan is to have 60 across the country by the end of the year.
SAN FRANCISCO – A 5,770-square-foot retail building that is known by its locale, 33 Grant Avenue, has changed hands in San Francisco. The purchase price was not disclosed. The building resides within the city’s Union Square neighborhood. It is fully leased to two tenants, including Steve Madden and Archer, a luxury hair salon. The seller, City Center Realty Partners, LLC, was represented by HFF’s Nicholas Bicardo and Mark Damiani.
DETROIT — Target is remodeling nine of its Michigan stores to include larger grocery sections. The 10,000-square-foot fresh food department will include produce, meat and pre-packaged bakery items. The locations will also carry dry and frozen food items. Along with adding an area for fresh foods, the stores' beauty, home, shoes and baby departments will also be revamped. The remodeling of the stores will be completed by March 24. The stores include 2887 S. Rochester Road in Rochester Hills; 43670 Ford Road in Canton; 33860 S. Gratiot Ave. in Clinton Township; 20100 Haggerty Road in Livonia; 495 Haggerty Highway in Walled Lake; 650 Brown Road in Auburn Hills; 1301 Coolidge Highway in Troy; 3100 Fairlane Drive in Allen Park; and 30333 Southfield Road in Southfield.
CHICAGO — The Harper Theater, a 100-year-old theater building at 5238 S. Harper Ave. in Chicago, has opened its doors following an extensive interior and exterior renovation. The property, previously called the Hyde Park Theater in the 1980s and The Meridian through the 1990s, is on The National Register of Historic Places. The University of Chicago bought the closed theater in 2002 and in 2011, selected PREMIER Design + Building to renovate the structure, while keeping the building's original character. Upgrades to the four-screen, 400-seat theater include a new indoor cafe, second floor meeting space, lighting and a new elevator.
SAN FRANCISCO – A 5,770-square-foot retail building that is known by its locale, 33 Grant Avenue, has changed hands in San Francisco. The purchase price was not disclosed. The building resides within the city’s Union Square neighborhood. It is fully leased to two tenants, including Steve Madden and Archer, a luxury hair salon. The seller, City Center Realty Partners, LLC, was represented by HFF’s Nicholas Bicardo and Mark Damiani.
SAN LUIS, ARIZ. — The San Luis Shopping Center, a 40,256-square-foot, multi-tenant shopping center in San Luis, has sold to an entity of SimonCRE for $2.2 million. The center is located on the U.S. border with Sonora, Mexico. It is shadow-anchored by a Super Wal-Mart and boasts a 61 percent occupancy rate. Other notable tenants include Dollar Tree, Rue 21, The Shoe Depot and Sally Beauty Supply. The seller, CRM Mid-Atlantic Properties, was represented by Andrew Fosberg and Steve Fernandez of CBRE’s Phoenix office.