Tuesday, November 17, 2009

Olympia Sports May Vacate Downtown Portland

"We suspect they [Olympia Sports] will leave
as well," said [FFD Trust trustee Marc] Foster. "I would say that it is likely--
that is why we're marketing it." Bean and Olympia have separate leases, said
Foster, but Bean is the anchor that Olympia relies on. Olympia's president,
Richard Coffey, had no comment. The Westbrook-based sporting goods retailer has
more than 180 stores throughout New England, New York and Pennsylvania,
according to its Web site. On the site, under criteria for new store locations,
the company says it looks at "regional strip centers anchored by big box
discounters and/or department stores."
- John C.L. Morgan

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