Pete’s Fresh Market to open in Wheaton, Illinois
Locally owned and operated Pete’s Fresh Market has leased two adjacent spaces vacated by Whole Foods Market and Sports Authority at Rice Lake Square in Wheaton, Illinois.
According to property manager Annette Eastman of Mid-America Asset Management, Inc., Pete’s will open a 69,586 square-foot, enhanced concept grocery store at this location in fall 2018.
A multiple Talk of the Town winner and Illinois produce distributor, Pete’s Fresh Market began as a small produce stand on Chicago’s south side in the early 1970s. Over the next forty-plus years, the family-owned grocer has grown and expanded its concept into a full-service supermarket with prepared foods, bakery, deli, in-house butchers, groceries including international, gluten-free and organic, wines and spirits, and Pete’s signature hand-picked fruits and vegetables.
Pete’s Fresh Market store rendering, courtesy of Pete’s Fresh Market
Known for quality products at the right price and with twelve locations currently operating in the Chicago area, the grocery retailer saw an opportunity to expand into the Wheaton market when Whole Foods relocated from Rice Lake Square and Sports Authority closed that location.
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“We recognized that the residents of Wheaton have a lot of grocery options, but we knew we could close the gap between high-end experience and affordable pricing,” says Stephanie Dremonas of Pete’s. “This is a wonderful location, and Pete’s is looking forward to serving the Wheaton area.”
Mid-America Principal Marget Graham represented the landlord, Grosvenor Americas, in lease negotiations.
Rice Lake Square is located east of the northeast corner of Butterfield and Naperville Roads inWheaton. Owned by Grosvenor Americas and managed/leased by Mid-America Asset Management, Inc., it is anchored by Studio Movie Grill, PetSmart and Stein Mart. Other stores and restaurants include Panera Bread, Houlihan’s, Orange Theory Fitness, Men’s Wearhouse and Tuesday Morning. For more information, call (630) 954-7300 or visit midamericagrp.com.
WEB LINKS
Rice Lake Square: www.ricelakesquare.com
Pete’s Fresh Market: www.petesfresh.com
Mid-America Asset Management, Inc.: www.midamericagrp.com
Grosvenor Americas: http://www.grosvenor.com/our-businesses/grosvenor-americas/
Ray Hanania
Hanania also writes about Middle East issues for the Arab News, and The Arab Daily News criticizing government policies in the Israeli-Palestinian conflict.
A critic of mainstream news media bias, Hanania advocates for peace & justice for Israel & Palestine, & the empowerment of Arabs in America.
"I write about three topics, the Middle East, politics and life in general. I often take my life experiences and offer them in an entertaining way to readers, and I take on the toughest topics like the Israel-Palestine conflict and don't pull any punches about what I feel is fair. But, my priority is always about writing the good story."
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