Industries Commercial Real Estate

Kroger Marketplace planned for Suffolk

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Twelve acres of land in Suffolk have been sold for the development of a 113,361-square-foot store.

Virginia Beach-based Divaris Real Estate Inc. said the Kroger Marketplace store will anchor the retail component of the 40-acre Hampton Roads Crossing, a mixed-use project in the Habour View section of northern Suffolk.

The Kroger Marketplace store will open next November. Additional stores in Hampton Roads Crossing are expected to open during the summer 2015. 

In addition to retail, plans for Hampton Roads Crossing call for commercial business districts and 1,000 residential units.

The new Kroger store is the latest one using the company’s Marketplace concept in Virginia. In addition to groceries, the giant stores also features apparel and home furnishings.

Stores have been opened or announced in Chesterfield, Henrico and Hanover counties and the Hampton Roads cities of Virginia Beach and Portsmouth.

The Kroger site was sold by Terry/Peterson Investment Thirty. Levi Thomson of the Virginia Beach office of Divaris Real Estate handled the transaction on behalf of the seller.

Thomson and Eric Bucklew of Divaris Real Estate are handling the leasing of Hampton Roads Crossing.

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