Lower Greenville to Lose Its Blockbuster

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Avi Adelman's just posted over on Barking Dogs that Lower Greenville's losing its longtime Blockbuster on Richmond Avenue -- which probably comes as no surprise, given the state of the bankrupt downtown-based videos-n-such rentalist that could be in the hands of new owners as early as next week. I called the location moments ago, and an employee confirmed: Workers there found out the shuttering Monday.

The woman to whom I spoke says the liquidation sale begins February 28, with The Last Day of Business scheduled, for now, on April 21.

Of course, this is the Blockbuster next to the former Whole Foods location, which -- way back in June of last year -- was mentioned by Realtor Newt Walker as a kinda-maybe-possible new location for Elliott's Hardware once it scoots to make way for the tax-credited Kroger.
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17 comments
Guest
Guest

Yes Mitchell Rasansky owns the structures, but Rainer Capital just renewed its master lease on the entire center with Rasansky for 50 years.  Rainer is now supposedly in advanced negotiations with Wal-mart for its Neighborhood Market concept to take the bulk of the space in the center.  Please spread this word to your E Dallas neighbors, as strong grass roots opposition may be the only thing that can keep Rainer from inking a lease with Wal-mart.

anonymous
anonymous

I left Dallas too. IT S*CKS.

MattL1
MattL1

What they should do with all of those buildings is build a gigantic bar that caters to teenage minorities. I think the neighborhood associations would really get behind that.

El Rey
El Rey

While I feel bad for those that will lose their jobs, I would dance a jig if Elliott's hardware would move into the neighborhood!

scottindallas
scottindallas

I didn't know that was open. I drive that intersection at least twice a week, but during the day. Since I can't see lights on, and there are never any cars there, I figured it was closed. If Whole Foods wants to pay rent to keep a grocer out of there, so be it. Boycott them if you want. Hell, I don't like Walmart, but they are low on my enmity radar since I/we can boycott them. It's those businesses that we don't have that freedom, who's protestations of laissez-faire economics is wholly hypocritical and self serving.

J. Erik Jonsson
J. Erik Jonsson

I believe Mitchell Rasansky owns some or all of that building.

Anonymous
Anonymous

If Summit Partners (otherwise known as the developers of the Twilight-series of movies) is successful in converting the case to a Ch 7 liquidation, this story could be old news fast. Every Blockbuster could end up closing down.

please, robert, please
please, robert, please

Isn't there a way to convey this news without mentioning that irrelevant little fktard's name? Pretty please?

John_McKee
John_McKee

10s of people, all employed by Blockbuster, are upset by this.

KP
KP

Then why are you reading this rag? Don't you have something better to do with your time? Thank you for not staying.

HolySheets
HolySheets

WF isnt paying the rent "to keep a grocer out of there". they signed a lease for a certain number of years. same way as as apt. if you sign a lease and move out-they will sue you. its easier to pay off the lease than deal with the lawsuit/judgements when you do. it also served them with storage when they opened up park lane and fairview this year.

bigtex
bigtex

True and I just read last week? maybe here? that Whole Foods is still paying the lease there and will until it runs out in two years so no other grocery will move into the hood.......

Robert Wilonsky
Robert Wilonsky

Hey, look, it came from him. He's not relevant to the story, so just don't focus on it. But a proper H/T is in order.

J. Erik Jonsson
J. Erik Jonsson

Maybe, but something's weird there. I called to see about leasing the WF space, and the broker quoted me an obscene price per sq. ft. I got the distinct impression that it wasn't really for lease.

anonymous
anonymous

Shut the f*ck up, why do you always write back to comments ...what editors do that ??? weird ones. And quit telling people what to focus on, you geek.

You are a grumpy two bit loser

kp
kp

Holy Sheets is 100% correct. The owner has zero incentive to rent that property out until the lease is finished. Unless they of course they can get a lot more for rent which is not likely.

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