Hobby Lobby to Anchor Orlando Center

Hobby Lobby signs a 53,065 SF lease at Colonial Plaza Shopping Center in Orlando, said Weingarten Realty Investors.
Hobby Lobby is a subsidiary of the privately held company Hobby Lobby Stores Inc. based in Oklahoma City, which operates 432 stores in 35 states, including seven existing locations in Florida. The Colonial Plaza store, expected to open in 2010, will be the eighth location in the state and the first in the Orlando area.
Colonial Plaza is minutes east of downtown Orlando on one of the city’s busiest thoroughfares, East Colonial Drive, and currently leases to many well-known national retailers, such as Ross Dress for Less, Marshalls, Total Wines, Old Navy, Babies R Us, Stein Mart, Staples and Barnes & Noble.
Steve Weingarten, senior vice president and director of Anchor Tenants for Weingarten, handled lease negotiations on behalf of the landlord. Paul Burkhart of Concordia Equity represented the tenant.
“We are pleased that Hobby Lobby has chosen Colonial Plaza as the site for their first store in the Orlando community,” said Weingarten. “The center’s great location and mix of strong national, regional and local retailers and restaurants have historically generated strong sales for our tenants. The addition of a retailer of Hobby Lobby’s caliber and popularity will not only support but should increase activity at Colonial Plaza,” he said.

Was this article helpful?

Related Articles

Leave A Comment?