Thursday, November 3, 2011

Predictions for the Filene's Vacancy

Filene's only announced just yesterday that it would be shuttering its stores, but brokers have already begun postulating what could fill the space.

A Washington Business Journal article cites two different brokerage firms as saying that "discount retailers like TJ Maxx, Ross, Nordstrom Rack and other similar operations would likely swoop in to take over the vacant spaces."  They also note that small format gyms like Washington Sports Clubs could compete for the space, but for Penn Quarter's outpost, there is already a WSC literally across the street.

We wouldn't mind a replacement discount store.  Or, shall we revive the great grocery store debate?

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