Normandy Real Estate Partners has negotiated a deal to sell the vacated office complex at Corporate Park Drive to Wegmans Food Markets, which plans to build a supermarket at the location.
Earlier this month, the Connecticut-based commercial real estate advisory firm Newmark Knight Frank, which represented both the buyer and seller, announced that the two parties reached an agreement on the 20-acre property, located at 106-110 Corporate Park Drive.
“We set out on a path more than five years ago to attract alternative and more productive land uses within the I-287 corridor due to the surplus of outdated office inventory that hasn’t fit the needs of the community for a very long time,” said Matthew Lavell, the senior vice president at Normandy Real Estate Partners in a release. “We’re excited to add to the efforts we’ve already made in the area by closing on the sale of 106-110 Corporate Park Drive to Wegmans.”
Introduced in December 2016, Wegmans plans to construct a 125,000-square-foot, 2-story grocery store, which includes a café area, at the abandoned office complex in the town’s “Platinum Mile” area.
The Harrison Town Council gave the project its final approval last summer, paving the way for the Lower Hudson Valley region’s first Wegmans supermarket.
Wegmans is headquartered in Gates, New York, near the city of Rochester, where it was founded in 1916. The privately owned regional supermarket chain, which owns 93 stores across the mid-Atlantic and New England regions, is known for selling locally sourced food.
According to Wegmans officials, the supermarket chain will create 180 full-time and 250 part-time positions with the company, which is planning to open a second location in the New York metropolitan area along Brooklyn Navy Yard’s Admiral’s Row, located along the East River, this year.
As of press time, Wegmans plans to construct the supermarket in late spring or early summer of this year.
