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Brokerage
Posted: November 21, 2012
WS Development breaks ground on 31,000 s/f Whole Foods Market
Whole Foods Market broke ground on a new 31,000 s/f store at Highland Village. The 220,000 s/f mixed-use Highland Village is one of the largest specialty shopping centers in Jackson. The new store will open in 2013.
Whole Foods Market will bring its nationally renowned mix of natural and organic products, prepared foods and baked goods to the Jackson area. At Highland Village, Whole FoodsMarket will join nearly 50 shops and restaurants including Mason Weiss, Talbots, Whitehead Street Clothiers, and Albriton's Jewelers.
WS Development announced it had acquired a controlling interest in Highland Village. The transaction is the second such acquisition this year of a regional shopping center for WS Development. Earlier this year, it acquired Hilldale Shopping Center in Madison, Wisconsin.
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This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
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