– Property Management

– Receivership

– Development

– Redevelopment



– Brookshire Village Shoppes

– City Park at Lincolnshire

– College Park Crossing

– Fifth Third Tower

– Five Points Plaza

– Grassy Branch Marketplace

– Harvest Landing

– Hotel Indy

– Lebanon Gateway

– Nichol Avenue Development

– The Pyramids

– Spring Mill Station



City of Anderson Awards Nichol Avenue Development Project to KennMar

Speedway, IN – April 6th, 2023

We are excited to announce that the City of Anderson, IN chose KennMar to be the developer on the Nichol Avenue Development Project located at 2810 Nichol Avenue. Upon acquiring the existing structure, we plan to convert the 39,500 square foot building into a 24,500 square foot Needler’s Fresh Market and a 15,000 square foot Ace Hardware.

We are looking forward to working with the City of Anderson to bring retailers such as Needler’s and Ace Hardware to this community. For residents living in the westside corridor of Anderson, the closest grocery store is more than three miles away and the closest home supply store is almost five miles away. Once completed, homeowners living in this part of the community will have added convenience when shopping for home repair supplies, food and basic household necessities.

Needler’s Fresh Market is owned by Generative Growth II. The company’s owners, Michael S. Needler, Jr. and Julie N. Anderson, purchased 15 former Marsh Supermarkets locations in June 2017 and has rebranded 14 of them to Needler’s Fresh Market.

“Needler’s Fresh Market is dedicated to sourcing local fresh produce and providing high quality in-store made products in the bakery and deli,” said Michael Needler, Jr., CEO of Fresh Encounter, Inc. and Partner in Generative Growth. “Our mission is to delight our customers, nourish our communities, and inspire pride in our teams. We are excited to partner with KennMar on this project and we look forward to opening our first store in the City of Anderson.”

Construction on the new building is set to begin in the summer of 2023 with the goal of completing the project by the end of the year.

Visit our Nichol Avenue Development Project page to stay updated about this project and it’s progress.

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