CRDC Leases to Whole Foods in Melrose, MA

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Charter Realty & Development Corp. is pleased to announce that shortly after  acquiring Towers Plaza in Melrose, MA, that it has signed a 20 year lease for  29,980sf to Whole Foods Market. Whole Foods will occupy the store that is  currently Johnny’s Foodmaster. The store will undergo a major renovation  that will coincide with Charter’s renovation of the balance of the center.

Melrose Mayor, Rob Dolan, recently welcomed Whole Foods Market to  Melrose. “On behalf of the citizens of Melrose, I would like to welcome Whole  Foods to the community. I am excited that Whole Foods has chosen Melrose  as a location as they expand their presence into the greater Boston area.”

Whole Foods Market, which emphasizes “natural and organic products”, is a  supermarket chain that was founded in Austin, Texas, in 1980. Today they are the world’s leader in natural and organic foods, with more than 310  stores in North America and the United Kingdom and are ranked the ninth  largest food and drug store in the United States. Whole Foods has been  ranked among the most socially responsible businesses and placed third on  the U.S. Environmental Protection Agency’s list of Top 25 Green Power  Partners.

Towers Plaza is the newest part of Charter Realty’s extensive Shopping  Center portfolio. Charter currently owns or leases over 12 million square feet  of shopping centers throughout the East.