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Kroger says it has offer for Mari-Mac site

Kroger has informed Los Alamos County officials that it has a potential buyer for the Mari-Mac property located between Central Avenue and Trinity Drive, the cornerstone of which is the vacant building that used to be occupied by Smith’s Food and Drug.

The county council heard the good news from Deputy County Manager Steve Lynne at its work session held Tuesday night at the fire station in White Rock.

“They have received an offer to purchase their entire interests in the Mari-Mac Center,” said Lynne. “They are currently going through their process of evaluation and underwriting, basically their due diligence in evaluating the offer. Hopefully they’ll have some substantial progress sometime in the next 90 days.”

Lynne said Kroger is not saying who the buyer is until the evaluation and underwriting process is completed.

One obstacle being faced by any potential buyer is the issue of covenants at the Mari-Mac location.

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