Regency Centers Corporation (NYSE:REG), a national owner, operator and developer of grocery-anchored community shopping centers, has announced that two new Whole Foods Market grocery stores will be coming to the Chicago area. Leases have been signed at the Shops on Main center and also at Hinsdale Lake Commons, replacing the previous tenant, Dominick’s.
“Few brands carry the respect and consumer appeal that Whole Foods Market does,” said Nick Wibbenmeyer, vice president and regional officer at Regency Centers. “They are a national leader in offering high quality, organic foods, and we are very excited to be partnering with them to better serve our communities in Chicago and around.”
Founded in Austin, TX in 1980, Whole Foods Market is a natural and organic grocer that has transformed the organic foods industry in the United States. Now boasting more than 360 stores in the U.S. and United Kingdom, the company maintains a strong commitment to sustainable agriculture, environmental stewardship and community reinvestment. Once open, the Shops on Main and Hinsdale Lake Commons locations will bring the total number of Whole Foods Market locations in the Chicago area to 19.
“Schererville and Willowbrook are not only dynamic and energetic communities, but they also share our strong passion for natural and organic foods,” commented Michael Bashaw, Midwest regional president, Whole Foods Market. “We are delighted to be a part of these communities and support the wonderful people who live in them.”Currently under construction for opening this spring, the Shops on Main is a 200,000-square foot community shopping center in Schererville, IN, which is located 25 miles southeast of downtown Chicago. An additional location benefit is the centers’ strategic location at the intersection of two main arterial roads, U.S. Route 41 and Main Street. Whole Foods Market will be joining other previously announced tenants, including Gordmans, Ross Dress for Less, HomeGoods and DSW Designer Shoe Warehouse, in a 40,000 square foot space.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV