Barclay Group has bought out the parcels at Gladden Farms Marketplace in Marana for $4.9M. The purchase features 9.65 acres with entitlements and improvements at Tangerine Road and Lon Adams.
The seller was Weingarten/Kimco Realty Corporation.
The overall Gladden Farms Marketplace will now feature a 125KSF Fry’s Food Store with a fueling center. The store is expected to break ground this summer and is targeting a Q3 2024 opening.
The Fry’s was originally planned at 110KSF. An additional 1.7 acres has been added from each side of the original parcel to accommodate the enlarged footprint, which now includes a drive-thru pharmacy window. Barclay Group transferred the 1.7 acres to Smith’s Food and Drug Centers for $900K to facilitate the revised plan.
In addition to the Fry’s, the shopping center is also expected to feature six more out parcels, plats and shops for a total of 32.2KSF at build-out. (Source)
