Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 23, 2019
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Hobby Lobby Inks Lease for 59k sf Store in Oceanside


Hobby Lobby has inked a lease for a 58.6k sf store at College Plaza shopping Center in Oceanside. Terms of the lease were not disclosed.

The arts and crafts specialty retailer will backfill a significant anchor-tenant vacancy previously occupied by Dick’s Sporting Goods. Dick’s had vacated its space in College Plaza back in fall of last year, relocating that store to Pacific Coast Plaza also in Oceanside in the former Sports Authority location.

Located at the southeast corner of College Blvd and Plaza Dr., College Plaza is a 150k sf center highly visible from Hwy 78 and conveniently located directly off of the College Blvd interchange. Other tenants include Grocery Outlet, Verizon, Starbucks, and Wendy’s.

College Plaza is owned by 95 College Plaza LTD, which was represented in the transaction by Bruce Schiff, CCIM, and Andrew Peterson with Cushman & Wakefield. According to Peterson, this was one of the largest retail lease transactions in the past five years along the Highway 78 Corridor.

With more than 800 stores, Hobby Lobby is the largest privately owned arts-and-crafts retailer in the world with approximately 32,000 employees and operating in forty-seven states. Hobby Lobby is primarily an arts-and-crafts store but also includes hobbies, picture framing, jewelry making, fabrics, floral and wedding supplies, cards and party ware, baskets, wearable art, home accents and holiday merchandise.

According to Cushman & Wakefield’s year-end market report, retail vacancy in Oceanside was a healthy 5.7% in the fourth quarter of 2017, as this submarket reported nearly 110k sf of occupancy growth in the second half of the year.

Return to the Archive page





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media