“Big picturewise, it’s great real estate,” said Carrie Smith, managing director of the Franklin Street real estate company.
Stein Mart leases from 30,000 to 46,000 square feet of anchor box space at six properties.
“They are all well-positioned,” Smith said.
“We feel bad for Stein Mart, but we’ve had tenants who have expressed interest in taking those boxes if we get them back,” she said.
Smith said potential tenants include gyms, supermarkets, furniture stores and soft good uses.
“Burlington, TJX Companies and Hobby Lobby are all out looking for deals,” she said. TJX stores include TJ Maxx, HomeGoods and Marshalls.