Editor’s note: This has been in the works a while. Here’s the press release:
On the cusp of its 40th year, BriarPatch Co-op Community Market is celebrating the occasion with a hallmark of 40’s adulthood — homeownership.
On December 31, the cooperatively-owned grocery store closed escrow and purchased the property it occupies at 290 Sierra College Drive in Grass Valley.
The Sierra College Drive location has been BriarPatch’s “home” since 2007, when it began leasing the property from Calloway LLC. BriarPatch and Calloway worked together to construct the store, a move that has been extremely successful for the Co-op. Since the relocation from Joerschke Drive to the new building — with three times the space — BriarPatch’s sales have increased from $6 million in 2006 to $29 million in 2015.
“Owning the property puts BriarPatch in a stronger, more stable financial position for the long run,” said general manager Chris Maher. “Ownership helps justify the investments we’re considering for expanding the store and parking lot,” he said. “As a cooperative business with over 12,000 owner households, ownership of our store is particularly meaningful — and a fantastic way to celebrate our 40th anniversary.”