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Old 04-18-2012, 06:23 PM   #25
fjtorres
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Quote:
Originally Posted by Kumabjorn View Post
Interesting that so many seem to be abandoned, I would assume that implies less than optimal commercial location.
The ones I'm familiar with had premium, high-traffic locations.
Problem is rents on premium high-traffice locations are way high. Especially when most of the Border leases ran 20-plus years and were negotiated as far back as the turn of the century. A lot of them where standalone structures; others were Mall "anchors".

Those kinds of facilities don't get easily repurposed. In one case I know the Mall operator/landlord tried to buy the store to keep it open themselves under a different name. But that would be the exception; most stores simply didn't generate enough revenue from book sales to justify the premium high-traffice square footage.

Few business can. Hence, they remain empty.
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