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Tenant Opportunities

All articles tagged with #tenant opportunities

business3 years ago•4 min saved

Empty Bed Bath & Beyond stores to be filled quickly after closures.

Bed Bath & Beyond is closing 400 stores, but other retailers and gyms are eager to take over the spaces due to the scarcity of retail real estate. Chains like TJ Maxx, HomeGoods, Ross, Burlington, Five Below, Nordstrom Rack, and Planet Fitness are among those interested in the locations. The majority of Bed Bath & Beyond stores are in population-dense areas in California, Texas, New Jersey, and Florida, making them attractive to prospective tenants. The company's stores are also under 50,000 square feet, which is a desirable quality in retail as brands trend toward smaller spaces to save on rent and other overhead.

via OCRegister|

#bed-bath-and-beyond #business #real-estate

business3 years ago•4 min saved

Retail Stores Closing, New Tenants Moving In

Bed Bath & Beyond is closing 400 stores, but other retailers and gyms are eager to take over the vacant spaces due to the scarcity of commercial real estate. Retailers such as Burlington, Five Below, and Nordstrom Rack, as well as budget gym Planet Fitness, are among those interested in the spaces. Bed Bath & Beyond's real estate is a precious resource for retailers and gyms, and landlords are eager to replace old leases because the company was paying below-market rent in certain locations. Despite the retail apocalypse, many chains are still growing, and physical store openings exceeded closings last year for the first time since 2016.

via CBS Boston|

#bed-bath-and-beyond #business #real-estate

business3 years ago•4 min saved

Retail Chains Closing Stores, New Tenants Already Lined Up

Bed Bath & Beyond is closing 400 stores, but other retailers and gyms are eager to take over the spaces due to the scarcity of commercial real estate. Retailers such as TJ Maxx, HomeGoods, Ross, Burlington, Five Below, and Nordstrom Rack are among those interested in the spaces. The majority of Bed Bath & Beyond stores are in population-dense areas, making them attractive to prospective tenants. The company's stores are also in the suburbs of mid-size and large cities and are under 50,000 square feet, which is an attractive quality in retail as brands trend toward smaller spaces to save on rent, labor, and other overhead.

via CNN|

#bed-bath-and-beyond #business #real-estate