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Whole Foods Market : Encore Retail Purchases Land for Bedford Development

08/31/2015 | 03:21am US/Eastern

Encore Retail recently acquired land to develop a 16+ acre high- density Class A mixed-use development in the affluent Town of Bedford, New Hampshire.

According to a release from the company, the development will consist of fashion, recreation, fitness, dining and office space conveniently located on South River Road, in the heart of New Hampshire's retail and business hub. The new Whole Foods is currently under construction contiguous to this site, and is scheduled to open in the spring of 2016.

"The property is strategically positioned along South River Road at the high-traffic intersection of Route 101 and Everett Turnpike," said Nicholas Barber, President of Encore Retail. "Its close proximity and direct access to Whole Foods will really create a regional destination for area residents."

The development is planned to be in excess of 200,000 square feet. The development is already experiencing strong interest from regional and national retailers.

Prellwitz Chilinski Associates (PCA), known for their upscale, mixed-use design with a signature creation of memorable retail and public space destinations, has been selected as the architect for the project. Theodore Chryssicas, of Newmark Grubb Knight Frank, brokered the deal, and will handle retail leasing. Robert Rohrer, of Colliers International, will handle office leasing. Construction on the project is expected to commence as early as the 4th Quarter of 2016.

Encore Retail is a privately held commercial real estate company focused on the acquisition, ownership, development, redevelopment and management of retail shopping centers throughout the United States.

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((Comments on this story may be sent to newsdesk@closeupmedia.com))

(c) 2015 ProQuest Information and Learning Company; All Rights Reserved., source Newspapers

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