Eran Zahavi and Partner Secure Major Retail Deal for Mazkeret Batya Project
Translated & summarized from Ice by baba
The story in 5 lines · by baba
- Eran Zahavi and Avi Arbiv signed a major deal with "Rami Levy" supermarket.
- The new supermarket will occupy 3,500 square meters in Mazkeret Batya.
- Occupancy for the "Rami Levy" store is scheduled for early 2027.
- This follows a previous 43 million shekel deal with "Holmes Place".
- Zahavi and Arbiv are also developing additional commercial and high-tech plots.
Former football star Eran Zahavi and his business partner Avi Arbiv have finalized a significant deal for their commercial complex in the Mazkeret Batya industrial zone. The agreement brings a leading Israeli retail chain, "Rami Levy," to the development, which is currently undergoing accelerated construction and expansion. The "Rami Levy" supermarket will occupy approximately 3,500 square meters, with occupancy expected in early 2027. This marks a key milestone in Zahavi and Arbiv's expanding business ventures in the area.
The new deal follows a previous substantial agreement with the "Holmes Place" chain, valued at approximately 43 million shekels. Under that contract, "Holmes Place" will pay the partners around 180,000 shekels monthly in rent, underscoring the complex's profitability. These real estate activities are part of a broader strategy by Zahavi and Arbiv, which includes developing three additional plots totaling about 10 dunams for commercial, office, and high-tech use.
This latest venture highlights Zahavi's successful transition into the business world, complementing his distinguished career on the football field. The agreements were facilitated by lawyers Asher Afriat and Assaf Gavizo.
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