RIO GRANDE, NJ — George Wisnoski of Equity Retail Brokers recently represented Wakefern Food Corporation in the sale of their leasehold interest in a 55,000 s/f former Stop & Shop Supermarket in Cape May County.
The space is located in Grande Center, a shopping center wrapping the intersection of Route 47 and Route 9 in Rio Grande, NJ. Grande Center is the premier retail location in Cape May County and is anchored by a Walmart Supercenter, Lowe’s, Famous Footwear, Ross Stores, Bed Bath and Beyond and Starbucks. DELCO Development, the owner of Grande Center, acquired the leasehold interest and plans to re-tenant the space.