Empire Foods is open for business in the store that Walmart abandoned in Brooklyn Center.
The warehouse-style Asian grocery is fully stocked with food, kitchen supplies and housewares.
Records with the Minnesota Department of Revenue indicate that St. Paul-based Sun Empire LLC acquired the property from Walmart for $8.2 million in late December. Representatives of Empire Foods or Sun Empire LLC could not be reached for comment.
Marshall Nguyen, CEO of the Burnsville-based Wyn Group, a real estate investment and brokerage firm, said that the store is owned by the Ku family, which owns Sun Foods and other grocery stores.
“They are the largest Asian grocery store owners in Minnesota. I thought they were the perfect buyers for that,” Nguyen said.
Nguyen was the lead broker and a key player in the development of Asia Mall, which opened in a former Gander Mountain store in Eden Prairie. Nguyen said that there’s a “retail shift” going on where large retailers leave spaces which then opens them up for local businesses.
The Brooklyn Center Walmart, which opened in 2012, closed last April. The store has more than 180,000 square feet of space.
Walmart was part of the Shingle Creek Crossing redevelopment on the site that once housed the Brookdale Center shopping mall, which was largely demolished in 2011. In the mid-1960s, Brookdale was nearly as large as Southdale in Edina.