04-26-2025, 04:32 PM
(04-25-2025, 10:53 PM)ijmorlan Wrote:(04-25-2025, 08:49 PM)KevinL Wrote: By which I presume you mean the Hudson's Bay locations. Those are all in shopping malls, which Ikea does not generally go for.
That said, a large tenant could move from what is currently an isolated property into one of those vacant mall units, which could allow Ikea to take their old space, hermit crab-style.
Ikea stores are in the range of about 320,000 square feet. All of Fairview Park is around 750,000 square feet. So I don’t know how much floor space Hudson’s Bay is, but I don’t think it’s half of a typical mall that it would be in.
Ikea is a big store.
Isn't the Bay three floors? (Admittedly have not been to Fairview for years now.)
If the size is OK, i don't expect that a connection to the mall would be a problem. Probably the bigger issue with mall locations is that the rents are typically much higher. Might not be the case any more, though.