S.L. Nusbaum Realty Co. said Monday that Kroger Limited Partnership I has purchased 16.8 acres at Dominion Boulevard and Cedar Road in Chesapeake for a second store in that city.
The company paid $8.2 million for the land, owned by Chesapeake Development. Tommy Drew, vice president, retail brokerage and sales for Nusbuam, represented Kroger in the transaction.
A new retail center, Dominion Commons, is slated to house the new 124,000-square-foot Kroger Marketplace, which is expected to bring hundreds of jobs to the city as well as $1 million per year in tax revenue.
