SRS Real Estate Partners has announced that Hobby Lobby has executed two new leases in empty Toys"R"Us and Babies"R"Us locations in greater Atlanta.The first location, the former Toys R Us/Babies R Us in the Akers Mill Shopping Center off Cobb Parkway in Atlanta, will consist of 58,907 square feet. The second location is inthe North Point Market Center off of North Point Parkway in Alpharetta. This location is 50,275 square feet of space.
Hobby Lobby, the world’s largest privately-owned arts and crafts retailer, has seen significant growth in 2018 after opening 63 new stores, including 12 relocations, in 2017. Hobby Lobby has more than 800 stores across the nation offering more than 70,000 crafting and home décor products.
“These locations are a perfect fit for Hobby Lobby, strengthening their presence in the Atlanta Market and making them the dominant retailer in Atlanta in the arts and crafts, framing and home accents category. We were fortunate that these excellent locations became available and the landlords recognized the value that Hobby Lobby will bring to their centers,” said Steve Gunning, senior vice president in the Atlanta office.
Gunning represents the tenant, Hobby Lobby. The landlord for Akers Mill Square was represented by Kathy Ward Darin with Olshan Properties. The Landlord for North Point Market Center was represented by Tosh Wolfe and Whitney Spangler with Colliers International Atlanta.
About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, and investment services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders.Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit www.srsre.com.
