Blockbuster land for sell?

[Gbo]

My local blockbuster has a new sign in front of it. For Sale or Lease? Blockbuster was the owner of the land and building. Store employees and local media is saying the store will remain open. If dish plans to keep the store in Boone, Why would they sale the land and building?

Here is a link to the local story i am talking about.

http://www.hcpress.com/news/whats-g...-blockbuster-is-boone-losing-blockbuster.html

Did dish get the proprieties of blockbuster?

Thoughts?

 

[Teehar]

Just over a ridge top or two from there.What's funny,when typing nearest BB location to me in Avery County,it lists the Blowing Rock store.Doesn't even mention the Boone store.My best guess is,the Boone store will be closed very soon.

 

[KAB]

Sounds like the property was already sold to a third party.

 

[Teehar]

Sounds like the property was already sold to a third party.

yep,it says they most likely won't increase the lease agreement but,I bet they do,then bye bye bb.

 

[Dah-Henny]

Here's another article of interest:

The manager explained that the company is going to subdivide the building, with current plans to leave the video and game rentals in one part, renting other parts to one or more other tenants.

http://www.goblueridge.net/index.ph...er-closing-manager-says-no&catid=1&Itemid=157

 

[Teehar]

Here's another article of interest:

http://www.goblueridge.net/index.ph...er-closing-manager-says-no&catid=1&Itemid=157

hmm good catch dahenny.Maybe they won't raise the lease agreement on BB.

 

[Dah-Henny]

Bye bye BB of Boone. http://www.hcpress.com/news/whats-g...ter-in-boone-closing-at-end-of-the-month.html

May 13, 2013. The Blockbuster in Boone is closing at the end of the month.
Barbara Ellis, the director of marketing for Blockbuster, confirmed the upcoming closing is due to sale of the property. However, she wouldn’t divulge the name of the purchaser.

 

[Teehar]

Bye bye BB of Boone. http://www.hcpress.com/news/whats-g...ter-in-boone-closing-at-end-of-the-month.html

Yep,the writing was pretty much on the wall.Thanks for the update.

 

[navychop]

What a shocker!