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WHOLE FOODS TO ANCHOR REDEVELOPED OLEANDER POINT

WILMINGTON, N.C. — Kite Realty Group Trust has announced that Whole Foods Market will anchor its recently acquired shopping center in Wilmington. The specialty grocer will occupy 37,746 square feet of space within the center, which has been renamed Oleander Point, and will also have a 2,500-square-foot patio. Construction will begin this summer, and the Whole Foods will open next spring. Kite Realty acquired Oleander Point, which is located at the intersection of U.S. Highway 76 and Fordham Road, in February. The name change and the new anchor tenant are part of a $5 million redevelopment the company is completing. Once complete, the shopping center will contain a total of 57,657 square feet, consisting of the Whole Foods, approximately 14,000 square feet of small-shop space and an outparcel tenant.

Content Partners
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