A Port Charlotte plaza once anchored by a Kmart is getting two new tenants – a main anchor and a retail outlet relocation from the nearby mall.
Port Charlotte Marketplace, at the intersection of Tamiami Path and Cochran Boulevard, is introducing a 28,850-square-foot Full Wine & More in its next-most significant anchor room, and a 2,000-square-foot Kay Jewelers retail retail outlet in a space that fronts Cochran.
With these new tenants, the retail middle will be just about 100% leased, in accordance to a press release from its Tennessee-based home proprietor, GBT Realty Corporation. The only remaining spots at the Market are two 1,600-square-foot areas.
Overall Wine is filling the former Kmart space that was most lately leased to Lucky’s Current market. Lucky’s, based mostly in Colorado, signed a lease with GBT in 2018 but sooner or later submitted for bankruptcy and closed most of its outlets after its main trader, Kroger, backed out in 2019.
What could have been: Lucky’s Market place on its way to Venice, Port Charlotte
The drop of Lucky’s: Lucky’s Market information for bankruptcy, promoting retailers to Publix and Aldi
Lucky’s had a store at Sarasota’s Crossings at Siesta Vital mall that shut as a consequence of the personal bankruptcy. That shop and the internet site of a prepared Lucky’s in Venice are now spots for price reduction grocery retailer Aldi.
Kay Jewelers relocated to the Marketplace from the nearby Port Charlotte Town Centre mall, which has been peeling off tenants as malls have fallen out of favor as central retail locations. The shopping mall missing its Sears retailer in 2019 and its Macy’s before this calendar year.
GBT procured the Port Charlotte Market in 2017. It has because invested $23 million in the home, including 58,000 square feet. The center’s fleet features nationwide stores like HomeGoods, Ross Gown for Less, Burlington and Sketchers as effectively as provider and eating tenants like Pacific Dental Providers, Choose 5 Oil Transform, Essence Nail Spa, Very little Caesars, Bento House and Wholesome Pho.
Help regional journalism with a digital membership to the Herald Tribune.