The Ardent Companies (Ardent), a privately held real estate firm based in Atlanta, today announces Sprouts Farmers Market has signed a lease for Crossroads Shopping Center, a 92,000-square-foot neighborhood retail center in Savannah, Georgia. The lease comes as part of Ardent’s plans to reposition the center into a vibrant shopping destination.
Sprouts Farmers Market, one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, will open in a new retail space at Crossroads Shopping Center in 2027, marking the grocer’s first-ever Savannah location. By leveraging its in-house expertise, Ardent will revitalize the center, including repositioning approximately 28,000 square feet to make way for Sprouts and another new retail suite. In addition to refreshing the retail mix, Ardent will complete exterior renovations to the center. Demolition is expected to begin this summer.
“This is a well-located retail asset in one of the Southeast’s fastest-growing markets,” Scott Werbel, Partner at Ardent. “The addition of Sprouts brings a high-quality grocery anchor to the center that aligns with the retail needs of the surrounding area. We see a significant opportunity to reposition the center into a more dynamic neighborhood destination that drives traffic and creates value for the community.”…