JLL lease will bring second Sprouts Farmers Market to Yuma
Phoenix-based Sprouts remains one of the nation’s fastest-growing specialty retailers
JLL announced today that it has signed a 23,228-square-foot lease bringing a second Sprouts Farmers Market to Yuma, Arizona. With over 400 stores in 23 states, Phoenix-based Sprouts is one of the nation’s largest and fastest-growing specialty retailers of fresh, natural and organic food.
The new Yuma Foothills Sprouts store will be located at the northeast corner of Fortuna Road and Interstate 8. It will offer the company’s trademark grocery experience featuring fresh produce and better-for-you products, and items that cater to various dietary lifestyles including organic, plant-based and gluten-free options.
Regan Amato from JLL's Phoenix office represented Sprouts in the lease transaction. Thomas J. Pancrazi of A.T. Pancrazi Real Estate Services represented the project developer, The Spencer Companies.
“Yuma has a young and growing population that continues to expand thanks to its thriving agricultural and military economies, and an emerging manufacturing sector,” said Amato, Executive Vice President, JLL. “That makes this southwestern Arizona town a prime location for Sprouts to expand its retail footprint.”
Sprouts currently operates one location in Yuma at 1590 S. 4th Ave. The store sits in Yuma’s central retail corridor, on U.S. Route 95 just off Interstate 8. The new Yuma Foothills Sprouts location will serve eastern Yuma, in an area that is underserved from a specialty grocer perspective and surrounded by new residential development.
“The Spencer Companies has been an active developer in Yuma for more than 30 years and is honored to be involved in bringing Sprouts Farmers Market to the Foothills Community,” said Lane S. Heida, Director, The Spencer Companies. “In addition to this specialty grocery store, this new Sprouts Center will include an additional 11,250 square feet of attached, in-line retail space designed to provide enhanced restaurant, shopping and service industry benefits to those who call Mesa Del Sol and the Yuma Foothills home.”
Development and grand opening timelines for the new Yuma Foothills Sprouts store are underway, with more details to come.
In Phoenix, JLL is a market leader employing more than 527 of the region’s most recognized industry experts offering office, industrial, retail, healthcare and data center brokerage, tenant representation, facility and investment management, capital markets, multifamily investments and development services, and related services within the real estate leasing, investment and management process. In 2022, the Phoenix team completed almost 115 million square feet in lease and sale transactions, with a total transaction volume of more than $11.4 million, and directed $180 million in project management. For further information, visit jll.com.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.