Few retailer vacancies in Eugene-Springfield market

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Monday, March 10, 2014

National and regional retailers are unable to find openings in Lane County shopping centers.

Even the area’s two large regional malls, Valley River Center in Eugene and Gateway Mall in Springfield, don’t have much space to offer, with the exception of the 120,000-square-foot former Gottschalk’s space in the back of Valley River Center.

With strong demand for retail space at these centers and not enough of it, some, including Oakway and Gateway, are looking into expanding. Other retailers may try to redevelop properties, such as what Colorado-based Natural Grocers is doing with the former Red Lion Hotel on Coburg Road, or what Fred Meyer has been hoping to do at the Civic Stadium site in south Eugene. Still others may consider other retail areas, such as downtown Eugene, or they simply may bypass the Eugene-Springfield area, brokers said.

Read more at the Register-Guard

 

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