Hobby Lobby has entered a number of markets in the Midwest and Southeast by moving into empty big-box space. This is the sixth former HQ store the company has leased. The retailer has also taken space in about 50 former Wal-Mart buildings. The 28-year old chain, which currently has about 250 stores, has been opening 20 to 25 outlets annually since 1990.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Leasing
Retail