PALO ALTO — A local grocer with a focus on organic produce has signed a lease to become the new market at a prominent mixed-use center in Palo Alto’s College Terrace district.
Real Produce International Market has leased 11,000 square feet in a Palo Alto complex at 501 Oxford Ave. next to El Camino Real.
“Our market will offer locally sourced produce with a focus on organic, as well as groceries and specialty items sourced locally and internationally,” said Khaled Taffi, owner and manager of Real Produce International Market.
Procuring a market for this location is expected to be a major boost for Palo Alto generally and the College Terrace area in particular.
In June 2018, a group headed by Palo Alto-based developer Blox Ventures and New York City-based realty investment firm Angelo, Gordon & Co. paid $78.3 million in cash for the property, which is in the bustling College Terrace district of Palo Alto.
“The combination of offerings and services fulfills the wants and demands of our Palo Alto community,” said Jason Oberman, chief executive officer of Blox Ventures, one of the principal co-owners of the property where Real Produce International will open its market.