Grocer H Mart Taking Over Former 24 Hour Fitness Space In S.F.
International grocery chain H Mart, which opened its doors in San Francisco last year, wants to expand its 3995 Alemany Blvd. location by nearly 60%.
The grocery chain will take over space previously occupied by 24 Hour Fitness, mirroring a national trend in which grocery stores have increasingly taken big-box space formerly used by companies that have gone through bankruptcy proceedings.
According to the filing, H Mart will expand into space on the ground and basement levels of the former gym.
The space has been vacant for two years, according to Michael Mossman, a construction and development director for Citivest Commercial Investments, which owns the shopping center, according to the San Francisco Business Times.
Grocery-anchored retail centers have grown rapidly in the wake of the pandemic, with investors heavily targeting a seemingly recession-proof tenant segment.