Michaels Stores Leases at Fairlane Village Mall
POTTSVILLE, PENN.—Arts and crafts retailer Michaels Stores, Inc. has leased 22,000 sq. ft. at Fairlane Village Mall in Pottsville, according to retail real estate services firm Levin Management and property owner Ashok Mehra. The long-term commitment comes on the heels of another major lease by Kohl’s Department Stores.
Michaels Stores is North America’s largest specialty retailer of arts, crafts, framing, floral, wall décor and seasonal merchandise for the hobbyist and do-it-yourself home decorator. The company owns and operates more than 1,000 Michaels stores in 49 states and Canada, as well as 135 Aaron Brothers stores.
Kohl’s will be opening its new 57,860-sq.-ft. store in early March, and the firm is talking with other prospects about joining the mall’s tenant mix.
Fairlane's other anchors include Boscov’s, Super Shoes, CVS, Harbor Freight Tools, and Dollar Tree.
The recent anchor leases have all but absorbed an 80,000-sq.-ft. space formerly occupied by Value City.
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© 2012 Penton Media Inc.
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