Fairborn Daily Herald
FAIRBORN – Oberer Realty Services, Ltd. is pleased to announce that a deal has been finalized with Kroger to build a new 135,000 square foot Kroger Marketplace at Valle Greene North on E. Dayton Yellow Springs Road.
The new Marketplace will be constructed next to the existing 69,000 square foot Kroger store where the Shoppes at Valle Greene are currently located, while the Kroger gas kiosk will remain in its current location. Kroger plans to begin construction as soon as all permits are in place, with completion and opening scheduled for early in 2017.
The new plan will result in the demolition of Shoppes at Valle Greene to make way for the new Kroger.
Oberer is currently constructing a new 6,000 square foot retail center on Commerce Center Dr. PetValu will occupy 3,500 square feet in the new center and Pro Nail, a current tenant who wishes to remain in the development, will occupy 1,300 square feet. Oberer also plans to re-tenant the former Kroger space.
“Given our long standing relationship with Kroger, we’re really excited about their commitment to expansion at Valle Greene North and their role as a key anchor retailer,” said Chris Conley, President/Partner of Oberer Realty Services, Ltd. and representative of the developer in the sale. “We also look forward to ramping up the development to offer additional retail and restaurant opportunities.”
Oberer Realty Services, Ltd. has a rich tradition of providing access to the most strategically located commercial real estate in the region, according to Oberer Realty Services, Ltd. They have developed nine Kroger anchored centers and have leased and sold millions of square feet of retail and office space in the Dayton and Cincinnati markets.
Story courtesy of Oberer Realty Services, Ltd.