Wegmans Closes On Harrison Property

 

The store extolled by its fans is another alternative to the outdated office parks along the I-287 corridor

HARRISON, NY — Wegmans is a step closer to opening its first store in the Hudson Valley. It’s a prospect to make the many, many fans of the upstate grocery store chain rejoice.

A Connecticut-based commercial real estate advisory firm announced Monday that it had successfully negotiated the sale of the property on Westchester County’s once-booming Platinum Mile that Wegmans picked out in 2016.

Newmark Knight Frank represented the buyer and seller. The 20-acre parcel at 106-110 Corporate Park Drive was sold by Normandy Real Estate Partners to Wegmans Food Markets.

The two parties closed on the deal Jan. 4.

Wegmans, a family-owned supermarket chain based in Rochester, is expecting to begin initial site work in late spring or early summer of this year.

The closing of the Harrison property deal is a step in Wegmans’ growth in the New York metropolitan region. The company has 95 stores along the East Coast. In New York State, Wegmans operates stores in Rochester, Buffalo, Syracuse, the Finger Lakes, and the Southern Tier region, and has also announced plans for a store in Brooklyn. The remaining Wegmans’ stores are located in Pennsylvania, New Jersey, Virginia, Maryland and Massachusetts.

“This site meets everything we look for and we’re eager to join the Harrison community,” said Wegmans’ Senior Vice President of Real Estate Ralph Uttaro. “We’ve been in business for more than 100 years, offering incredible customer service, consistent low prices, the best ingredients and easy meals.”

When Wegmans first announced its plans in 2016, officials said the plan was to build a standalone 125,000 sq. ft. store and 8,000 sq. ft. complementary retail “outparcel.” The site is currently a vacant office complex that will be demolished before construction begins.

“The location perfectly aligned with Wegmans’ business goals and the owner’s vision for the property, so we are very pleased we facilitated this mutually beneficial deal for our clients with this strategically located site,” said NKF Executive Vice President Michael Cottle.

The town of Harrison approved a permit in August.

“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five years ago to attract alternative and more productive land uses within the I-287 corridor due to the surplus of outdated office inventory that hasn’t fit the needs of the community for a very long time,” said Matthew Lavell, Senior Vice President, Normandy Real Estate Partners. “Today, 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, which will be an exceptional addition to the town of Harrison.”

The Harrison site is also conveniently 2.5 miles west of the Connecticut state border.