Southside Market
Large Meals has opened its newest grocery retailer inside the Southside Market, a 125,146-square-foot purchasing heart positioned at 857 E. Fort Ave. in Baltimore, Md.
Large Meals will occupy 44,264 sq. ft, vacated by a former Buyers Meals & Pharmacy institution. The brand new retailer will open on Friday, Nov. 18.
The opening of Large Meals’s newest location will mark its sixth in Baltimore, as the grocery store stays the most important of its type within the metropolis by market share, sq. footage and worker dimension. Based on the Baltimore Enterprise Journal, the chain has over 150 areas across the Mid-Atlantic.
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Southside Market was inbuilt 1991 and is presently owned by Regency Facilities, which had acquired the property again in 2005, CommercialEdge information reveals. Different tenants embrace 5 Beneath and Quickway Hibachi Grill. The brand new location within the Southside Market will embrace Large’s fashionable floorplans, full service departments and free Wi-Fi. Prospects may also have entry to most of Large’s brand-standard facilities resembling on-line pickup and supply placement. Positioned within the metropolis’s Riverside Park neighborhood, the purchasing heart is inside 2 miles of downtown Baltimore and a inhabitants of 33,000 residents, in response to CommercialEdge info.
Groceries, the retail big
Large Meals’s newest opening takes place as grocery shops stay among the many most in-demand business actual property belongings out there. Grocery-anchored purchasing facilities are seeing a number of the highest demand and capital funding from REITs, due partially to their relative resistance to financial headwinds compared to different sectors of the retail business, and a bounce-back from pandemic-era on-line orders.