JLL has completed a new retail lease with Food Bazaar Supermarket (Bogopa Service Corp.) for a 37,000-square-foot full-service grocery store located at 375 West 207th St. in the Sherman Creek neighborhood of Inwood in Northern Manhattan.
The new Food Bazaar will be located at the base of Sherman Creek North Cove, a 611-unit residential project being developed by Maddd Equities and Joy Construction. All the residential units in the building will be affordable with rents set to create a mixed income workforce housing community.
“As Sherman Creek evolves from a primarily commercial district to a dynamic community of new residential and mixed-use properties, open park space and waterfront access, Food Bazaar will fill the void for a full-service neighborhood supermarket providing fresh food options,” said Eli Weiss, principal of Joy Construction. “We are thrilled to welcome them to Sherman Creek North Cove, which will bring much-needed high quality workforce housing, tenant amenities and community recreation space to the area.”
Family-founded in 1988 and privately owned and operated, Food Bazaar has grown to over 30 full-service stores in the tri-state area. Estimated to open in spring 2025, the new Sherman Creek store will feature a custom-cutting meat department, full-service seafood department, deli counter and a bakery. It will also house a coffee bean and roastery department and a full-service cheese section.
“We are extremely excited to introduce our Food Bazaar brand to this community, which is where the founders of Food Bazaar lived for many years,” said Edward Suh, executive vice president of Bogopa. “As a company, we are passionate about supporting our local communities and we look forward to celebrating the neighborhood’s rich culture and heritage with a range of fresh food options catering to local demand.”
JLL Managing Director Hilary Sievers represented Maddd Equities in the transaction. JLL Executive Managing Director Erin Grace represented Food Bazaar.
