from Adam Sichko, Nashville Business Journal
You can bet retailers are jockeying for the rare and prime real estate that Harris Teeter will be vacating in Brentwood.
Days ago, the grocery store chain announced that it’s leaving the Nashville market altogether, following its acquisition by rival Kroger (NYSE: KR). That means Harris Teeter will shut stores in Hillsboro Village, Brentwood and Franklin. They’ll all close mid-June.
Two of those will become additional Krogers: Franklin (411 Whitman Rd., to reopen around Thanksgiving) and Hillsboro Village (2201 21st Ave. S., to reopen at the start of 2016).
More dominoes will fall in Brentwood, for two reasons. First, the Harris Teeter there is in a prominent location, in the city’s Town Center district at exit 74B of Interstate 65. Among other notable nearby landmarks, the store is down the road from Tapestry, a new 393-unit luxury condo complex by Bristol Development Group, and across Franklin Road from the massive Hill Center Brentwood mixed-use development under construction.
Also, the Harris Teeter is just a half-mile from an existing Kroger — which will move into the Harris Teeter location in mid-2016.
By doing that, Kroger will vacate its space at 300 Franklin Rd. The neighbors there are the high-end Nordstrom Rack, which opened last fall, and HomeGoods, part of The TJX Cos. (NYSE: TJX), whose other brands include T.J. Maxx.Read the Entire Article from the Nashville Business Journal More Brentwood Stories