The owner of one of Barbados’ leading supermarket chains is on the verge of becoming a major corporate landlord.
BARBADOS BUSINESS AUTHORITY confirmed that Jordans Supermarket recently purchased the large complex formerly operated by Plantrac Engineering Limited at Eagle Hall, St Michael.
However, a senior company official denied reports that the company owned and operated by prominent black businessman Audley Jordan Sr and his family would be home to the fifth outlet in the supermarket chain.
“It will not be a supermarket. It will be for-rent office space and warehouse space,” the spokesman said, adding it was unclear at this stage when the facility would be operational.
How much the Jordans paid for the building, which was once also occupied by the Barbados Water Authority, could not be ascertained, but several real estate companies here had advertised it for sale with an $11.3 million price tag.
Jordans supermarkets are located in Fitts Village, St James, Speightstown, St Peter, Baxters Road and Fairchild Street, both in Bridgetown.
The Eagle Hall building on which refurbishment work is expected to take place in the coming weeks occupies 57 000 square feet, but the entire property is about 4.6 acres.
After the closure of heavy equipment company Plantrac, the structure was reconfigured into office accommodation but has been unoccupied for some time.
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