The Petland store at Chapel Ridge, which closed last year because of the franchiseeâ€™s financial problems, will be reopened this summer by the Ohio-based pet-store chain.
â€œThey felt really strongly about it, so they decided to reopen it as a corporate store â€” and they donâ€™t have many corporate stores,â€ said Brad Sturges, of CB Richard Ellis/Sturges, who represented both Petland and the lessor, Chapel Ridge Investments, in the transaction.
The store is nearly 6,100 square feet and is one of the big-box anchors of the so-called â€œpower centerâ€ at Maysville Road and Interstate 469. It has been closed for nearly a year. The company will run it as a corporate store and hopes eventually to find a new franchisee, Sturges said.
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