Shoppers Grocery Store at Southside Marketplace Up for Sale

| March 27, 2019 | 0 Comments

The 44,264 sq. ft. Shoppers grocery store at Southside Marketplace in Riverside/Locust Point is currently for sale. Shoppers’ parent company, United Natural Foods Inc. (UNFI), is looking to sell all 36 of its Shoppers locations in the Baltimore and Washington, D.C. area. There is a Shoppers in Brooklyn Park and a total of four stores in Baltimore City.

UNFI acquired Shopper’ former parent company, SUPERVALU, in October of last year. Shoppers was started in Washington, D.C. and was acquired by SUPERVALU in 1999. UNFI is a food distributor and is looking to get out of the retail business after the acquisition of SUPERVALU.

UNFI released the following in a statement:

Several of the recent media reports have said that Shoppers Food and Pharmacy stores are closing. We want to clarify that there are no immediate plans for any Shoppers stores to close.

What we previously communicated was that UNFI plans to thoughtfully and economically divest its retail operations and the company is making progress on that front. As this is an ongoing and fluid process, we don’t have any specific updates or timing to share. When there is something to communicate we will do so.  But, most importantly, we want to be clear that UNFI has not announced any plans for store closures.

Baltimore Development Corporation (BDC) President and CEO Bill Cole, who has stayed in contact with UNFI, told, “they continue to tell us they have no immediate plans to close locations and they continue to search for buyers.”

Cole noted that Shoppers has union contracts in place and a lease at Southside Marketplace.

Giant Food took over two Washington, D.C.-area Shoppers locations in 2018.

Regency Centers’ Southside Marketplace remains a busy shopping center with an occupancy rate of more than 95%. There are currently two retail suites available totaling 5,606 sq. ft. A representative from Regency Centers told he doesn’t think the vacant spaces will be there for long and that “we have more prospective tenant interest at Southside now than we have had in a long time.”

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