Ralphs on 345 East Main is closing, said City Manager Mary Swink at a Feb. 23 City Council meeting. The market's lease will expire on April 1, at which point 99 Ranch Market will take up residency at the location. Swink said that the property manager and Ralphs could not come to an agreement about the cost of rent.
“The property owner then started getting bids from other grocery stores and they were able to get a bid from 99 Ranch Market," said Swink. She added that 99 Ranch Market's lease will start on April 1, and that they plan on opening in September or October.
In the San Gabriel Valley, 99 Ranch Market has locations in San Gabriel, Monterey Park, Arcadia, and Hacienda Heights.
Irish Commercial Brokerage, who managed the leasing for the Ralphs, will be managing the leasing for the new 99 Ranch. Neither Ralphs nor Irish Commercial Brokerage have returned phone calls from the Source.
Independent journalism is a bedrock of democracy--and it's in crisis. Here at the Alhambra Source, we're committed to covering the local stories that matter most to you. We don’t have advertisers and we don’t have pay walls, but we do have bills. You read to the end of this story. That's great. But this kind of journalism will end without public support. Join us! Support the work and the democratic values it serves. Donate now!