Even with the fall of Toys R Us, Sears and other chains — and recent trouble for the likes of Party City and Bed Bath & Beyond — big-box retail is alive and well in New Jersey.
A former Sports Authority building in Paramus has found new life as a location for a flooring and tile seller that is expanding in New Jersey, The Goldstein Group said Monday.
Arts and crafts chain Hobby Lobby has backfilled a former Sports Authority store in Union County with a nearly 43,000-square-foot lease on Route 22, according to Jeffery Realty.
Flooring and tile retailer Floor & Decor has leased 62,500 square feet in Paramus, filling a building left vacant by the recent bankruptcy by the Sports Authority chain.
The struggles of big-box stores such as Sports Authority have led to a rare increase in summertime retail vacancy in northern and central New Jersey, according to a recent report.
Levin Management will lead the effort to fill a 50,000-square-foot, big-box retail space in Paramus formerly occupied by defunct Sports Authority chain.
