Commercial Real Estate Trade Investment Services.
Properties Buyers Register Owners Register 1031 Buyers Register Value Guarantee
Local Retail Property News
Local Retail Property News
Buyers

July 17, 2010

Large grocery retailer to open two stores in East Oakland

Bay City News, Inc.

East Oakland will likely soon see its first national grocery outlet in the area in over 20 years, according to the city's Community and Economic Development Agency.

Kroger, the nation's largest traditional grocery retailer, is poised to open two grocery stores in underserved areas of East Oakland at 66th Avenue and San Leandro Street and at Foothill Square Shopping Center at 10700 MacArthur Blvd., according to the Economic Development Agency.

Each 72,000-square-foot store is expected to provide more than 100 jobs and generate $50,000 in sales tax revenue. Both are expected to open by the end of 2012.

© 2008 TRADE Commercial Real Estate Investment Services, LLC. All rights reserved.