When the retail chain closes its doors, hundreds of stores in the U.S. may go dark — and stay dark. But brokers say prospects for new tenants in South Florida are good because of the high-profile locations.
June 14, 2016 at 02:00 AM
1 minute read
The Sports Authority Inc.’s store closures will dump a massive supply of retail space onto the South Florida market.
About 20 locations from Miami to Jupiter will be up for grabs once the debt-laden sporting goods retailer closes its doors in bankruptcy. Averaging 40,000 square feet, the large stores threaten to inflate the market by nearly 1 million square feet when big-box retailers are physically downsizing.
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