New Jersey supermarket owners bringing The Fresh Grocer to Fulton Street Mall
Brooklyn’s eight-block-long Fulton Street Mall has seen major national brands such as Nordstrom Rack, American Eagle Outfitters, Gap, Pandora and Aldo claim storefronts previously dominated by cheap fast-food and junk stores.
Macy’s thrives in reduced size. The reborn Gage & Tollner restaurant revived a taste of Fulton’s long-ago dining glamour.
Also reflecting the strip’s rising fortunes, New Jersey’s low-key Inserra family, owners of dozens of supermarkets in the state, have signed a lease for a 21,000 square-foot emporium called The Fresh Grocer at RMC Assets’ 523 Fulton St. RMC owner Raymond M. Chera spent $20 million to renovate and modernize the century-old, three-story building.
The store will have a Fulton Street entrance with the bulk of the space downstairs. Cushman & Wakefield’s Ian Lerner represented the landlord while Lee & Associates’ Steve Lorenzo repped the Inserras.
Lerner said Fresh Grocer, which spearheads an expansion by the Inserras, will have “a prominent presence on one of Brooklyn’s highest-profile streets. RMC Assets is committed to enhancing the neighborhood by attracting premier national credit tenants to the Fulton Mall area.”
![Fulton St. Mall rendering](https://nypost.com/wp-content/uploads/sites/2/2023/08/6A2A5CDE-258E-4D21-B78A-7BB93D20E5A5.jpeg?w=1024)
The building occupies the whole blockfront between Duffield Street and Albee Square West. Brooklyn Hospital earlier leased over 51,000 square feet of office space in the 114,000 square-foot building and Spectrum Cable took 3,900 square feet of ground-floor retail space.
The new food market is ideally situated to tap a rapidly-growing customer base from nearby apartment towers, including at nearly-finished Brooklyn Tower, the borough’s tallest building.
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