NASHVILLE-In yet another sign that the retail market is recovering in the Southeast, sporting goods chain Dunham Sports has inked a $2 million, 10-year lease for 34,600 square feet at Jackson Plaza. Dunham will be the first big box sporting goods store in Cookesville.
Jonathan Gould, CEO of Stonemar Properties, which owns and manages the shopping center, brokered the transaction. The Shopping Center Group represented Dunham Sports. Stonemar is funding a $600,000 build out.
“We’ve successfully been able to fill the vacancy that was created by Goody’s going out of business,” Gould tells GlobeSt.com. “We repositioned the center when we bought it. Before Bi-Lo went bankrupt, they got out of the market and we were able to effectuate a buyout of their lease and bring in a Food Lion.”
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