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You are here: Home / Commercial Real Estate & Developers / Discount retailer Ollie’s Bargain Outlet to open first Tampa store

Discount retailer Ollie’s Bargain Outlet to open first Tampa store

May 2, 2017 by Post

Tampa, Fla. (May 2, 2017) – Ollie’s Bargain Outlet, one of the largest retailers of closeouts, excess inventory and salvage merchandise in the country, has leased a 46,317-square-foot retail space in Tampa. Expected to open in the third quarter of 2017, the store will be the retailer’s first location in Tampa. Ollie’s currently operates nine stores in Florida with plans to open eight to 11 more throughout the state in 2017.

Lisa McCaffrey, Managing Director of Retail Services, and Stephanie Addis, Director of Retail Services with Colliers International Tampa Bay, represented the landlord in the transaction, TNC Building Owner, LLC.

The store will be located in the Walmart-anchored Town ‘N Country Promenade on Waters Avenue, just west of the Veterans Expressway. Other tenants in the shopping center include Bealls Outlet and Dollar Tree. The Ollie’s space was previously a Sweetbay Supermarket.

Ollie’s opened a store in Zephyrhills, Florida in fall 2016, which is currently its closest location to Tampa. Colliers’ McCaffrey and Addis also represented the landlord in the lease for the Zephyrhills store.

“Ollie’s has been making moves into several major markets around the country, so the timing was perfect for them to enter the Tampa market,” said Colliers’ Addis. “The Zephyrhills store has been performing well, and we expect the Town N’ Country store to be received just as eagerly.”

The Pennsylvania-based discount retailer has 238 stores in 20 states and carries a wide variety of inventory, from housewares and flooring to food and cosmetic supplies, all at deeply discounted prices. Ollie’s expects to open an additional two to four stores in the greater Tampa market during 2017.

The Tampa store will be located at 7061 W. Waters Ave.

ABOUT COLLIERS INTERNATIONAL
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry-leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

For further information, please contact:
Tyler Killette, Account Executive
B2 Communications
Office: (727) 895-5030 ext. 107
Cell: (813) 270-7854
Tyler@B2Communications.com

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