Area developer acquires pair of Trader Joe's in the Carolinas

Manatee County-based Benderson Development has acquired two Trader Joe's locations in North and South Carolina following a Sarasota shopping center acquisition.

By Business Observer Staff
| 2:30 p.m. May 5, 2023
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One of the Trader Joe's acquired is located in Asheville, North Carolina (pictured). The other grocery store is in Columbia, South Carolina.

Manatee-Sarasota

Without a pause to take a breath, Benderson Development is at it again with the acquisition of two Trader Joe’s locations.

The University Park-based real estate company’s announcement comes mere days after acquiring the Bee Ridge Square shopping center in Sarasota for $14.4 million. The Trader Joe’s stores are located in Columbia, South Carolina, and Asheville, North Carolina.

Trader Joe's is a U.S. grocery store chain with 560 stores. It's known for its low prices and unique food offerings.