Kroger Snags 151,305 SF for Distribution

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PHOENIX-The Kroger Co. has secured 151,305 sf through a short-term lease at the industrial Riverside Distribution Center. The space represents a relocation and expansion for the Arizona operations for Peyton’s Inc., Kroger’s drug and general merchandise purchasing and distribution subsidiary.

The Cincinnati-based Kroger Co. opted to move into the 503,244-sf Riverside Distribution Center at 4302 W. Buckeye Rd. primarily because of its location, says tenant rep Marc Hertzberg, senior vice president with Grubb & Ellis/BRE Commercial LLC’s Phoenix office. “It’s in the Riverside tax district, which is the southwest industrial corridor’s lowest tax district in the city,” he explains.