Benderson to build retail dev. that includes a 15,000 s/f Rite Aid
The Benderson Development Co. has started work on its first area project that will see a Rite Aid Pharmacy anchor a new retail development proposed for Rte. 5 in eastern Erie County.
According to Benderson officials, a 15,000 s/f Rite Aid will be the anchor tenant for the new plaza. The store will replace an older Rite Aid in the Pixley's Plaza off of Rte. 93.
"This is really a tenant-driven development," said Eric Recoon, Benderson vice president.
Besides the Rite Aid, the plaza will include about 10,000 s/f of fill-in retail.
Benderson is working with town officials on the project. Construction won't begin until all the local permits and approvals have been obtained.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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