Oliver’s Market is making a big local swing, snapping up Santa Rosa’s Farmer’s Lane Plaza for about $25 million as it lines up a fifth Sonoma County store. The roughly 35,500-square-foot supermarket is slated to fill the long-vacant former Rite Aid space and could bring an estimated 150 to 200 jobs when it opens in 2027, a move that is poised to reshape shopping patterns for Bennett Valley and nearby neighborhoods.
Sale details and permits
The 92,000-square-foot Farmer’s Lane Plaza at 1501–1591 Farmers Lane sold for $25 million, or about $271 per square foot, to Oliver’s Plaza LLC, according to The Press Democrat. The outlet reports that Joseph Murphy Corp. was the seller and that the deal closed last Wednesday. It also notes that local contractor Harkey Construction filed plans in January to gut the former Rite Aid for a new tenant, signaling that interior demolition and build-out work are already in the pipeline.
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