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Opening of Savers thrift store leads development at Sheridan Plaza

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Savers, an international, for-profit thrift store chain, is preparing to open its second Western New York location in the Town of Tonawanda at Sheridan Plaza.

Set to open in August, the store will serve as an anchor for an influx of tenants at Sheridan Plaza since January, when Rochester-based commercial real estate developer LLD Enterprises purchased the property at 2309 Eggert Road for $5 million.

The 121,846-square-foot plaza was 40 percent vacant at the time.

LLD managing partner David M. Dworkin said the property will be 90 percent occupied around the time Savers is ready to open its doors as smaller business seek to fill in the adjacent vacancies.

“It’s incredible,” Dworkin said. “We certainly didn’t expect to close in January and lease 50,000 square feet in six months. We thought it would have taken us at least a year.”

Savers has operated a store on McKinley Parkway in Hamburg since 2011.

The Seattle-based company, with more than 330 locations in the United States and Canada, will fill a 33,500-square-foot portion of the plaza that has been vacant since Office Depot closed its store there in 2012.

Savers was attracted to the new spot in part because of a slew of improvements LLD has made to the building, including the installation of a drive-thru garage that will allow customers to pull through the building from front to back when making drop-offs, without leaving their cars.

Sheridan Plaza has leased approximately 55,000 square feet to tenants since January, Dworkin said.

That includes a tailor, Maurice Tailors, which opened last month; Greek to Me, a family-style Greek restaurant set to move from its Kenmore location into the plaza’s old Mighty Taco building by August; and a nail salon and spa, which signed a lease to take over the former Play N Trade video game store.

Pending leases for two additional confirmed tenants – Nutrishop and Spar Defense – are awaiting return, according to Dworkin.

The addition of Nutrishop, a national vitamin and health supplement franchise, and Spar Defense, a local self-defense academy, would bring the plaza’s tenant total to 16.

Two vacant spaces remain, one at 5,000 square feet and the other at 2,500 square feet.

email: bschlager@buffnews.com

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