The wholesale food cooperative based at Boston’s Widett Circle is looking at Revere’s former Necco factory for a new home, potentially clearing the way for redevelopment of its coveted 19-acre site along the Southeast Expressway.

Revere Mayor Brian Arrigo told Banker & Tradesman that the New Boston Food Cooperative is among the groups that have shown interest in leasing space at the former Necco factory at 135 American Legion Highway. Framingham-based Atlantic Management and VMD Cos. acquired the property in 2017 for $54.6 million and have been marketing the 829,000-square-foot space as the largest industrial availability in Massachusetts.

The 2-story factory, completed in 1982, is subdividable into spaces as small as 150,000 square feet, according to marketing materials from brokerage Newmark Knight Frank.

“Obviously they are interested in a single tenant who could take up the entire 800,000 square feet and there have been a handful of smaller companies coming in looking for a couple of hundred thousand square feet,” Arrigo said, adding that New Boston Food Market was one of the groups. “Something that Atlantic Management is contemplating is how do they manage several smaller tenants, or one bigger tenant.”

Atlantic Management is entertaining both single and multitenant options for the space, Newmark Executive Managing Director J.R. McDonald confirmed. Ownership is doing cleanup and planning to schedule broker tours in the coming weeks.

Necco shuttered the plant in July after the company was sold to Round Hill Investments for $17.3 million, and vacated the building early this year. The building contains single-story, high-bay warehouse space and 2-story manufacturing and distribution space.

Revere city councilors rezoned the property for additional uses including life science manufacturing, robotics and alcoholic beverages production last year, with the goal of attracting tenants beyond traditional industrial users.

In January, the new owners replaced their original $69.6 million mortgage with a new $115 million bridge loan for future capital projects and tenant improvements.

The 19-acre Widett Circle site has been eyed as one of Boston’s top future development parcels, following rapid growth in the Seaport and South End. The property could accommodate up to 1.7 million square feet of development under current zoning, according to marketing materials prepared by brokers last year.