JLL announced today that it has signed a lease for 23,228 square feet, marking its second lease. Sprouts Farmers Market To Yuma, Arizona. Phoenix-based Sprouts is one of the nation's largest and fastest-growing specialty retailers of fresh, natural and organic foods, with more than 400 stores in 23 states.
learn more: AZ Big 100: 50 real estate companies to watch in 2024
The new Yuma Foothills Sprouts store will be located at the northeast corner of Fortuna Road and Interstate 8. Fresh produce and wholesome products, organic foods, plant-based and gluten-free options.
Regan Amato JLL's Phoenix Office Represented Sprout in lease transaction. Thomas J. Pancrazi of AT Pancrazi Real Estate Services represented the project developer, his The Spencer Companies.
“Yuma has a growing young population and continues to expand thanks to a thriving agricultural and military economy and emerging manufacturing industry,” said Amato, JLL executive vice president. “That makes this southwestern Arizona town a perfect location for Sprouts to expand its retail footprint.”
Sprouts currently operates one store at 1590 S. 4 in Yuma.th The store is located in Yuma's central retail corridor on Route 95 just off Interstate 8. The new Yuma Foothills Sprouts store will serve an area of east Yuma that is underserved from a specialty grocery store standpoint and is surrounded by new housing development.
“The Spencer Companies has been an active developer in Yuma for over 30 years, and we are honored to be involved in bringing Sprouts Farmers Market to the Foothills community,” said The Spencer Companies. -Lane S. Haida, Director of Companies. “In addition to this specialty grocery store, this new Sprouts Center will feature additional restaurants, shopping, and service industry benefits designed to provide those who call Mesa del Sol and the Yuma Foothills with additional restaurant, shopping, and hospitality industry benefits. Includes 11,250 square feet of in-line retail space. Home.”
Development and grand opening schedule for the new Yuma Foothills Sprouts store is underway and details will be announced in the future.
In Phoenix, JLL is one of the region's most prominent industry specialists, providing office, industrial, retail, healthcare and data center brokerage, tenant representation, facilities and investment management, capital markets, and multifamily investment and development services. The house is a market leader employing over 527 people. Related services in real estate rental, investment and management processes. In 2022, Phoenix's team completed approximately 115 million square feet of lease and sale transactions with a total transaction value of more than $11.4 million and project management commitments of $180 million. For more information, please visit: jll.com.
