Brixmor signs new tenants to five former Borders locations

According to Brixmor, four national tenants, Books-AMillion, Big Lots, Dick's Sporting Goods, and REI, will occupy former Borders locations in California, Colorado, Connecticut, Michigan, and North Carolina. "The departure of Borders opened the door for a number of our existing retailers to open more stores within the Brixmor portfolio. Additionally, we are pleased that Brixmor's first lease has been signed with outdoor specialist retailer REI which is taking a 27,000 s/f former Borders location in Cary, N.C. The breadth and depth of the Brixmor portfolio of shopping centers continues to enable us to work with our retailers in finding them the right locations for their current prototype and expansion plans," said Timothy Bruce, executive vice president, leasing and redevelopment, Brixmor Property Group.

Tags: Brokerage Retail

Reprint

Previous Story Next Story

O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.

Atlantic Capital Partners sells shopping center in Milford for $8m

Horvath & Tremblay completes sale of Walgreens store for $4.9m

Commercial Realty Advisors represents buyer in $1.9m acquisition

Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

The Sweetish Fish opens at The Street Chestnut Hill

Columns and Thought Leadership

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.