Benderson Development is closing out the year with a new prime property. The University Park, FL-based real estate development company today announced the acquisition of Whole Foods Market on 1700 Duke Street in Alexandria, Virginia.
“Whole Foods Alexandria is one of the busiest grocery stores in the region and we’re pleased to add this unique asset to our growing portfolio,” said Shaun Benderson of Benderson Development.
The approximately 42,000-square-foot Whole Foods includes over 225 dedicated, underground parking spaces and anchors the Metro Royalton Condo building, a three-story mixed-use development with 116 luxury condominiums. The property is a quick walk to the King Street – Old Town M Station.
Benderson Development has been aggressively growing its portfolio over the last few years. Earlier this year, the company bought a 4.5 million-square-foot portfolio of 28 Fred Meyer superstores located throughout the Pacific Northwest and Alaska. Additional purchases throughout 2021 included the Thrivent Financial headquarters in Minneapolis, MN; an interest in Duke Energy’s Metro Tower in Charlotte, NC; and ground leases under the Hampton Inn Manhattan/Times Square Central, The Highland Dallas, Curio Collection by Hilton, Willard Towers in Washington, DC and The Plaza Santa Fe in Santa Fe, New Mexico.
Founded in 1949, Benderson Development is one of the nation’s largest privately held real estate companies. Its portfolio includes more than 800 properties totaling over 45 million square feet in 40 states.