H-E-B Grocery Buys More Land, Looks to Expand Retail Reach
SAN ANTONIO, TX - H-E-B is on another land grab, adding two new parcels of land to its North Texas real estate holdings.
With these two new additions in Tarrant County, H-E-B has now purchased 20 pieces of land in the counties of Dallas, Collin, and Tarrant.
According to the Fort Worth Star-Telegram, the company bought a 17.8-acre tract in the Glade Parks development of Euless, TX, and an 18.2-acre parcel in north Fort Worth.
These land purchases have piqued the interest of many who believe this may signal a possible expansion in the North Texas market. Just last month, H-E-B hired the CEO of the North Texas Commission, Marbrie Jackson, to head the company’s public affairs and community outreach in North Texas.
H-E-B’s Director of Public Affairs, Leslie Sweet, told the Dallas Morning News that Jackson’s hiring does not necessarily mean any new moves are being made.
“[Jackson’s hiring] does not signal a market entry for the company,” she explained, but is more about customer relations and philanthropy efforts. “While there are no specific plans for expansion into the Dallas Fort-Worth market at this time, H-E-B continues to evaluate opportunities to serve customers across Texas.”
Sweet added that H-E-B is continuing its focus on the Central Market brand.
AndNowUKnow will continue to follow H-E-B’s regional growth, so stay tuned for details!