The leases for two Fairway Market stores in Paramus and Woodland Park have been assumed by Amazon Retail LLC for $1.5 million.
Fairway Market filed for bankruptcy in January. This concludes the auction of some of its assets, according to a company announcement.
Wakefern Food Corp. member Village Supermarket Inc., headquartered in Springfield Township, submitted the winning bid of approximately $76 million to purchase five former Manhattan Fairway Market locations, as well as Fairway’s production and distribution center.
Wakefern and Amazon did not return a request for comment by press time.