On today’s show, Chris sits down with Wade Laufenberg who has almost 30 years of experience in retail real estate under his belt. You’ll love the story Wade, VP of Real Estate, shares about Bealls Outlet, which has 450 stores in 16 states.
Previously, the Bealls Outlet location in Bradenton, FL was on a sublease of Office Depot. Knowing the lease was coming to an end and Office Depot wouldn't exercise an option to renew, Wade needed to find a new location in the tight market of the Bradenton retail corridor. It took some time and patience, but it got the deal that was perfect for their business.
Find out how Bealls Outlet secured its new location and developed a combo store layout that houses both Bealls Outlet and Home Centric, which is an office-price home retailer.