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News & Views of Phillips Since 1976
Friday April 19th 2024

Posts Tagged ‘Savers’

East Lake Savers closes

East Lake Savers closes

  By Tesha M. Christensen After 27 years, the Savers on East Lake St. shut its doors for the last time on April 3, 2019. The closure came as a surprise to staff members, shoppers and building owner, Wellington Management, Inc. “We are disappointed with their departure,” said Wellington Management Executive Vice President David Wellington. He pointed out that they were mid-lease and the rent had not changed recently. “We are actively attempting to backfill their vacancy with other soft-good retailers including other well-known thrift stores,” remarked Wellington. “We have a deep understanding of how the Hi-Lake Shopping Center operates as an important community resource and we hope we will continue this tradition as we look for a new tenant.” Wellington acquired the shopping center in 2004 and has since doubled the density onsite with three new buildings that brought 30,000 square feet of additional retail and 100 new [...]

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