Saturday, December 31, 2011

Big Lots Buys Building Located at Indian River Mall in Vero Beach, FL



Stuart, FL, Dec. 31, 2011 --(PR.com)-- Big Lots, North America’s largest broadline closeout retailer, recently purchased the 32,999-square-foot building formerly occupied by home goods retailer Linens ‘N Things at the Indian River Mall (top left photo) in Vero Beach for $2.4 million.

Big Lots will move its existing store, located just to the east on SR 60, into the space, which is newer, larger, and ideally located at the Regional Mall—a big improvement for the chain and its customers.

Boyd Bradfield (lower right photo) President of NAI Southcoast, represented the Seller, an investor group from Miami. The property had received a great deal of interest from both developers and retailers and had been under contract twice prior to Big Lots’ purchase of the property.

For more information about NAI Southcoast, please visit http://www.naisouthcoast.com/.

NAI Global is the world's leading managed network of 5,000 professionals, 325 offices in 55 countries.. To learn more, visit http://www.naiglobal.com/.

Contact
NAI Southcoast
Amy Morris
772-286-6292
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