The massive Kroger being built at the site of the old Cloverleaf Mall on Midlothian Turnpike will sell furniture and home goods in addition to groceries, competing more directly with Walmart and Target.
Kroger
The Pipeline: Commercial Real Estate Round Up for 6.25.10
Kroger sold aretail building in Chester to the C.F. Sauer Company for $2.39 million. The 55,552-square-foot building was operated by Kroger until 2007 when it relocated the store to a different shopping center. Plus, Sunrise Construction has leased 20,000 sq.ft. at 3031 Transport Street in Richmond and Riddick Advertising has leased 2,300 sq.ft. in the Banks Brothers Building located at 4461 Cox Road in Henrico.
Way beyond ‘paper or plastic?’
More than 150 future Kroger employees are at the grocer’s training center on Staples Mill. In July, they will work at the new 86,000-square-foot store at the Corner at Short Pump, which is part of the company’s plan to expand in Richmond.
CVS clears out for Kroger
The CVS Pharmacy at 3515 W. Cary St. is closed and clearing out to make way for an expansion of the Kroger grocery store next door. CVS is currently having a store fixture liquidation sale, where everything from chairs, shelves and lights are up for grabs. The CVS across the street next door to Ukrop’s… Read more »
Just around the corner
Development of the next retail complex at Short Pump is back on schedule.
New Kroger Store Opening Date Pushed Back
The opening of a Short Pump Kroger has been postponed. The Corner At Short Pump, a 47-acre retail and residential development on West Broad Street at Lauderdale Drive, will feature a high-end, 86,000 square foot Kroger store when finished. But leasing agent Thalhimer, Cushman & Wakefield says the opening date for the store will likely… Read more »
Pipeline Commercial Real Estate Round Up for 11.14.08
Thalhimer reports Kroger has leased 86,000 square feet at The Corner at Short Pump located at the corner of West Broad Street. and Lauderdale Drive. The 250,000 square feet shopping center recently broke ground and the new Kroger is expected to open in late 2009. Old Bon Air Partners sold two office buildings at 1030… Read more »
Same Box, Same Price, Less Food
The boxes, cartons and cans at the grocery stores are getting smaller – although you have to look really carefully to notice. As reported by MSNBC, manufacturers have begun “short-sizing” their products. The practice consists of cutting down the amount of stuff they put into their packages in order to keep costs down. In the… Read more »