MINNEAPOLIS (03/08/2018) – Cushman & Wakefield Director Deb Carlson represented landlord EBL-S in negotiations for a new 38,000 square foot (sf) TJ Maxx/HomeGoods combination store at Grove Plaza, the company announced today.
The new store will sit just east of a 95,700 sf Hy-Vee grocery store which opened in 2017. Grove Plaza is located in the southeast quadrant of the Highway 61/Highway 10 and 80th Street South intersection in Cottage Grove.
The new store is part of an ongoing repositioning of Grove Plaza, former home to a Home Depot store and a Rainbow Foods-anchored shopping center. Both had been closed, and through a series of transactions including HyVee, the City of Cottage Grove, Merchants Bank and EBL-S, the property has been divided up and redeveloped.
TJ Maxx/HomeGoods anticipates a 2018 fall opening. EBL-S is in negotiations for additional national retailers to join Grove Plaza.
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Adam Rae Voge