Food Bazaar Secures 37K SF Lease to Anchor Inwood's Mixed-Use Development

In a noteworthy retail lease deal, JLL has successfully secured a prime location for Food Bazaar Supermarket, set to unveil a 37,000-square-foot comprehensive grocery store at 375 W. 207th St. Nestled within the vibrant Sherman Creek neighborhood of Inwood in Northern Manhattan, this exciting addition will become a cornerstone of the area's community. The new Food Bazaar store will be situated at the base of the Sherman Creek North Cove, a 611-unit affordable residential project thoughtfully crafted by MADDD Equities and Joy Construction.

A Win-Win Lease Agreement:

MADDD Equities, represented by JLL's managing director Hilary Sievers, collaborated closely with JLL executive managing director Erin Grace, who represented Food Bazaar in this strategic partnership. This lease agreement marks a promising synergy between a trusted developer and a renowned supermarket chain, ensuring that the local community will soon have access to a vast array of fresh, quality products.

Bringing a Taste of Tradition to Inwood:

Founded by a family in 1988 and privately owned and operated, Food Bazaar has steadily grown its presence, boasting over 30 full-service stores across the Tri-State area. With a scheduled opening date in spring 2025, the Sherman Creek store is poised to offer residents a delightful shopping experience. Shoppers can anticipate a well-rounded offering, including a custom-cutting meat department, a full-service seafood department, a deli counter, and a bakery, all under one roof.

A Focus on Community-Oriented Retail:

JLL is actively promoting the remaining 23,340 square feet of retail space at 375 W. 207th, with a specific emphasis on attracting service-oriented retailers. This strategic move aims to create a diverse retail ecosystem that caters to the diverse needs and preferences of the Inwood community, solidifying the area's reputation as a thriving hub for both residents and businesses.