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Wednesday, December 26, 2018

Empty Toys R Us space could foster new businesses, experts say

Finding the right tenant for emptied Toys R Us stores may not be too difficult in southwestern Connecticut heading into 2019. It’s been more than six months since the demise of the big-box toy store company, which left cities nationwide with thousands of empty retail space, in many cases on prime locations that may grab the attention of potential developers, according to market observers. “I don’t anticipate (the empty retail space) being vacant for the entire year of 2019,” said Bruce Wettenstein, of Westport-based firm Vidal / Wettenstein. Following efforts to salvage its company, Toys R Us, like other big-box retailers, closed hundreds of locations nationwide.

from Business https://www.ctpost.com/business/article/Empty-Toys-R-Us-space-could-foster-new-13492134.php

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