According to an article on ChicagoRealEstateDaily.com, Wal-Mart Stores Inc. has found a site for its first small-box store in Chicago, with a deal to lease about 30,000 square feet in a three-level retail center in the Lakeview neighborhood.
The article reports that Wal-Mart has signed a letter of intent to lease space in a retail building known as Broadway at Surf, at 2840 N. Broadway. The building is 12 years old and currently houses a T. J. Maxx, a Bed Bath & Beyond and a Cost plus World Market.
The North Side store, which would be a Neighborhood Market focusing on groceries, also would be Wal-Mart's first in an affluent neighborhood in the city. It also would be among the several dozen outlets Wal-Mart has said it plans to open in Chicago over the next five years after emerging from a bruising battle with local unions and Chicago aldermen over employee wages.
Read more: http://www.chicagorealestatedaily.com/article/20101209/CRED03/101209867/wal-mart-finds-site-for-first-north-side-store#ixzz17dgn8cWT
No comments:
Post a Comment