The Tuesday Morning and Bed Bath & Beyond stores in the San Antonio area are closing. But those stores’ sizes and demand for space here means they might not be empty for long.
Marked-down curtains, towels, comforters, pillows and pans dot the shelves at Tuesday Morning and Bed Bath & Beyond stores, where sales are in full swing in the wake of those home goods retailers’ bankruptcy filings.— and hundreds nationwide — in the coming weeks will leave swaths of empty space near malls and at strip centers. But perhaps not for long.
At the end of 2022, about 94.5 percent of retail space at shopping centers of 25,000 square feet or more was occupied, and roughly 380,000 square feet was added,That amount of construction is up slightly from 354,000 square feet built in 2021 and 355,000 in 2020, but down sharply from the most recent high point of 868,400 square feet in 2018. About 3 million square feet were built from 2016 to 2020, while about 10.
Vacant storefronts left behind by many retailers have been filled by entertainment complexes, gyms and restaurants.took over about 58,000 square feet at Wonderland of the Americas in a space formerly occupied by Burkes Outlet, and apparel retailer Saint Bernard moved into a shuttered Stein Mart store at the Shops at Lincoln Heights.
Bed Bath & Beyond and Buy Buy Baby, now set to close, took over part of another closed Sears store at Park North Shopping Center.A former Walmart in Windcrest is now a transportation, logistics and warehouse operations center for Goodwill San Antonio, and Dick’s Sporting Goods moved into a space off Loop 410 that was previously occupied by Toys R Us and Babies R Us.
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