Lakeview Plaza is making room for two new national tenants. Rainbow Apparel and Ollie’s Bargain Barn Outlet, both well-known national brands, have signed new leases and are preparing to open storefronts of 13,572 SF and 33,069 SF, respectively, at Lakeview Plaza.
Founded in 1935 and headquartered in Brooklyn, NY, Rainbow offers “a wide assortment of clothing for juniors, plus-sizes, and children, as well as an extensive shoe collection.” Rainbow operates over 1,300 stores throughout the United States, Puerto Rico, and the U.S. Virgin Islands. Lakeview Plaza will be their second Lexington location. The tenant was self-represented in the transaction, and Jason Taylor of Equity Management Group represented the owner.
Ollie’s Bargain Barn is “one of America’s largest retailers of closeouts, excess inventory, and salvage merchandise.” Founded in 1982 in Mechanicsburg, PA, Ollie’s now operates over 213 locations throughout the Mid-Atlantic and Southeastern United States. Their Lakeview Plaza location will be Lexington’s first Ollie’s Bargain Barn. Kevin Mayhugh with the Shopping Center Group represented the tenant, and the owner was represented by Jason Taylor of Equity Management Group.
Located on Richmond Road and Mt. Tabor Road in Lexington, Lakeview Plaza enjoys some of Lexington’s highest traffic counts and a convenient location between New Circle Road and Man O War Boulevard. Rainbow and Ollie’s join co-tenants such as Burlington Coat Factory, Live Well Training Center, Jenny Craig, Aaron’s, Sherwin-Williams, and Cosmo Prof. Lakeview Plaza is now 90% occupied with only two remaining availabilities of 3,042 and 12,922 SF. For further information on Lakeview Plaza, please contact Jason Taylor or Mary Grace Hinkle at 859-266-1414.