AREA Real Estate Advisors took over the leasing of Orchard Corners Shopping Center in 2006. It is a center that has been owned by the same local partnership of successful businessmen since 1975. This long-term ownership has stayed consistent with their strategy and approach to making the “right” deals for the shopping center and neighborhood.
As is the case with most retail landlords across the country, Orchard Corners received notice that a large anchor tenant had filed bankruptcy and was closing its doors. Gordmans had been a tenant for over 20 years, occupying approximately 66,000 square feet. Upon hearing the news, AREA immediately began marketing the space to prospective single and multi-tenant junior anchors and successfully demised the vacancy for 3 outstanding, national retail tenants. TJ Maxx, Homegoods and Michaels are now all open and provide an excellent complement to this thriving shopping center that also includes Nordstrom Rack, SteinMart, Jared’s, Beauty Brands and numerous other outstanding retailers.