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H Mart β€” Purchases $25.5M Connecticut Property for Potential New Store

H Mart
The former Stop & Shop building acquired by H Mart. [Google Maps Capture]

The H Mart purchase of a commercial property in Stamford, Connecticut has sparked strong anticipation regarding the potential opening of the grocery chain’s very first location in the state.

According to CT Insider on the 11th, a limited liability company (LLC) associated with H Mart acquired a shopping center located at 41 Alvord Lane, near the border of Stamford and Greenwich, for $25.5 million in mid-October.

The property previously housed a large Stop & Shop supermarket before closing in 2024. The building spans approximately 82,000 square feet, with a ShopRite store situated nearby.

Potential Impact on the Local Community

While H Mart has not released an official statement regarding the real estate transaction and the actual opening of a new store has not been confirmed, city officials have expressed enthusiasm about the possibility.

Stamford Director of Economic Development Leah Kagan stated that clear demand for H Mart exists in the area. She noted that because residents currently travel to other regions to visit H Mart, bringing a store to Stamford would greatly benefit the local community.

Currently, there are no operating H Mart locations within the state of Connecticut.