Meijer buys land near Waterville

Meijer Inc. has purchased a 25-acre site near Waterville where it plans to build a grocery and general goods store. The Grand Rapids, Mich.-based retailer, which already has five stores in the Toledo area, had obtained a purchase option for the site on Waterville Swanton Road near U.S. 24 in 2013. It decided to buy the property at the end of January for $3.9 million. The sale was recorded Monday. Meijer spokesman Frank Guglielmi said the company has no timetable for groundbreaking or a store opening. “Whenever we’re considering a location for a store we’ll sign a contract to purchase a property. Then do our due diligence and buy the property, and then go through the process of working with the community,” he said. “This is not a store that we’re looking at building anytime soon…

Read More Here