Wegmans to Open 1st Store in Long Island.
Welco Realty Inc., New Rochelle, NY, Exclusive Agent for DSW Plaza in Lake Grove, New York is proud to announce that it represented the landlord Prestige Properties and Development Co. in bringing Wegman’s as an anchor to the shopping center.
Jerry Welkis and Etan Shalem of Welco Realty, Inc. negotiated the deal directly with Wegmans on behalf of Prestige Properties and Development Co. Wegmans was not represented by a Tenant Broker. The store will be approximately 102,000 s.f. and will be the first Wegmans store to open in Long Island. The center is strategically located on a very busy east-west commercial artery on Middle Country Road, and directly across from the very successful Smith Haven Mall.
It took over a year and a half for Wegmans to do their full evaluation of the Long Island market and decide that Lake Grove was where they wanted to put their first store. Sam Shalem, CEO of Prestige Properties said, “We are so excited that we will be able to bring the number one premier supermarket chain in the country to Suffolk County and more specifically Lake Grove, New York and we are very thankful to the Mayor of Lake Grove, Robert Scottaline, who was also very instrumental in helping bring Wegmans to the town of Lake Grove”.
Wegmans presently operates 106 stores throughout the United States. Their size typically ranges from 100,000 – 120,000 s.f. offering consumers by far the best mix of groceries, specialty foods, and associated products of any supermarket chain in the country. Typically, people will drive a much greater distance to shop at a Wegmans store due to their tremendous merchandise offering and service.
Wegmans is a regional supermarket chain with 106 stores: 48 in New York, 18 in Pennsylvania, nine in New Jersey, 13 in Virginia, eight in Maryland, six in Massachusetts, and four in North Carolina. It is one of the largest private companies in the U.S. with 52,000 employees and annual sales in 2021 of $11.2 billion. Wegmans is a family company, founded in 1916, and headquartered in Rochester, N.Y.
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