Lucky's Market LLC, the Boulder-based operator of a burgeoning Midwest grocery chain, plans to move its corporate operations to a space in Niwot more than triple the size of its current headquarters in Gunbarrel, officials for Dean Callan & Co. said.
Lucky's Market leased a 13,700-square-foot space at 6328 Monarch Park Place, said Julie Raines, marketing director for the Boulder-based commercial real estate firm. Becky Callan Gamble, of Dean Callan, represented Lucky's in the transaction; Steve Chrisman, of Chrisman Commercial, represented the property owner.
The burgeoning Lucky's currently occupies 4,115 square feet at 5303 Spine Road, Raines said. Lucky's plans to move next month, she said.
Lucky's Market started in 2003 when Bo and Trish Sharon opened a neighborhood grocery store in north Boulder. Ten years later, Lucky's opened its second grocery store with a 26,000-square-foot store at 700 Ken Pratt Blvd. and started a rapid expansion, opening locations in Kentucky, Missouri, Montana and Ohio.
The six-store Lucky's will open another store in St. Louis next month and an eighth later this year, Bo Sharon said.
"In order to maintain and grow and be better and execute all the ideas and thoughts, we need more people," he said, "and therefore, more space."
After a year and a half in Gunbarrel, Lucky's quickly outgrew its space, Sharon said.
"I think we present an authentic brand, something that people can relate to," he said. "A lot of people tell us that it feels attainable. They feel comfortable and, therefore, we bridge that gap and help natural foods and local foods and organic foods become a bit more down to earth."
The Lucky's locations outside of Colorado continue the original Boulder grocery store's approach of carrying natural, organic and local products in addition to some traditional products, such as Campbell's Soup and Drano.
"I'm a firm believe that there's a bit of Americana in a can of Campbell's ... there's a place for certain things in all of our lives," he said.
Lucky's expansion plans remain ambitious. It's not out of the question that the chain could be 40 stores strong in five years, Sharon said. That growth will continue to come in and around areas where Lucky's is currently operating, including Colorado, Sharon said.
Lucky's, however, will not expand to Nevada or California per terms of a recent settlement agreement with Albertsons LLC and Save Mart Supermarket. Earlier this year, Albertsons and Save Mart alleged that Lucky's Market infringed on the trademark of Lucky Supermarkets.