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Sprouts Farmers Market celebrated their Redlands grand opening Wednesday, September 20, 2017. The 30,000-square-foot store, is the anchor tenant in Packing House District at Eureka Street and the 10 Freeway. PetSmart, Luna Grill and Chronic Tacos are among the other anticipated tenants. (Staff photo by Rick Sforza, Redlands Daily Facts/SCNG)

Grocers Could Breathe New Life Into Retail Property Market

Grocery chain expansions are likely to spark robust construction in the coming years, analysts said, bucking the overall trend in retail development.

U.S. grocers Publix Super Markets Inc., Wegmans Food Markets Inc., Kroger Co. and Sprouts Farmers Market Inc. as well as German grocery chains Aldi and Lidl are opening new stores and will absorb an estimated 25 million square feet of space over the next five years, according to calculations from commercial real-estate brokerage and advisory firm Marcus & Millichap Inc.

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