March 16, 2017 – Since planting its roots at Golden Gate Shopping Center in Mayfield Heights last month, Fresh Thyme Farmers Market has been off to an impressive start. The organic food store with a “mission to improve the way our communities eat by offering fresh and healthy food at amazing values” opened to a large crowd of excited shoppers on February 8th. This inspired Mayfield Heights community led the store’s Grand Opening to place among the Top 10 openings of all stores (52) to date. As an extra offering, the first 250 guests in line were gifted with a free bag of groceries.
This enthusiastic reception of the first Fresh Thyme location in Northeast Ohio has not wavered, as sales continue to thrive at a pace above projection.
Jim Becker, Senior Executive/Director, and Robert Yaskanich, Senior Director, with Goodman Real Estate Services Group LLC, have been brokers together for the 371,748 SF Golden Gate Shopping Center since 2014, seeing it through Cleveland’s Largest single-asset retail sale that same year.
Jim Becker reflects of the Fresh Thyme deal, “It was especially exciting because this is Fresh Thyme’s first location in the market. When they were exploring their options in town [NE Ohio], Golden Gate came up as a very logical opportunity. To start, the area is densely populated and there’s no competition in the market. They fulfill a need among the community that was simply not being met. Beyond that, Fresh Thyme saw the value in Golden Gate’s well-known “anchor” status in the local retail environment. With the addition of this attractive new tenant, the new Landlords have some solid encouragement to move forward with a beautiful renovation of the center”.
To elaborate: in the spirit of “fresh”, the Landlords of Golden Gate plan on beginning a $5 million renovation to the shopping center later this year. The design will feature brand new modern facades, as well as an updated monument sign and brand new highway pylon sign for increased visibility to the over 100,000 vehicles passing the site per day on I-271.
If you are interested in joining in on the excitement at Golden Gate, current availabilities range from 831 SF to 15,078 SF (the latter sitting right next to Fresh Thyme!). Please contact Rob or Jim for more information.
Jim Becker and Rob Yaskanich represented the Landlord in this transaction. Golden Gate is located on Mayfield Road at the Interstate 271 interchange, which anchors Greater Cleveland’s most important east side retail corridor. Fresh Thyme joins anchors including Marshalls, Petsmart, Jo-Ann Fabric & Craft Stores, hhgregg, K&G Fashion Superstore, and World Market.
*Renderings show a proposed before and after view of Golden Gate Shopping Center by Herschman Architects.