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		<title>Burlington Takes Over 10 Texas Conn&#8217;s Locations</title>
		<link>https://vrjproperties.com/burlington-takes-over-10-texas-conns-locations/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Fri, 18 Oct 2024 18:16:25 +0000</pubDate>
				<category><![CDATA[Commercial Property]]></category>
		<category><![CDATA[Burlington]]></category>
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		<category><![CDATA[Texas]]></category>
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					<description><![CDATA[<p>Burlington Stores Inc. successfully bid on 10 Texas leases held by The Woodlands-based furniture and appliance retailer, which filed for Chapter 11 bankruptcy in July. The leases Burlington will acquire span five states, though most are in Texas. Burlington bid over $6.65...</p>
<p>The post <a href="https://vrjproperties.com/burlington-takes-over-10-texas-conns-locations/">Burlington Takes Over 10 Texas Conn&#8217;s Locations</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="476f11dd-8308-43e8-8dfd-2d750f4b4b39"><strong>Burlington Stores Inc. </strong>successfully bid on 10 Texas leases held by The Woodlands-based furniture and appliance retailer, which filed for Chapter 11 bankruptcy in July.</p>
<p data-beyondwords-marker="22a38739-6e56-4b96-b6f6-d406d1fc9312">The leases Burlington will acquire span five states, though most are in Texas. Burlington bid over $6.65 million on the leases. Including cure amounts, the aggregate cost will total approximately $7.09 million.</p>
<p data-beyondwords-marker="dc4910ef-1db1-457c-b71a-cc02c5963d6d">A full list of Texas properties Burlington successfully bid for, includes stores in three San Antonio locations and one each in McAllen, Dallas, El Paso, Laredo, Amarillo, Texas City and Austin.</p>
<p data-beyondwords-marker="6a7390e9-1a11-4ca8-9cbc-913be6fd3781">The Houston Business Journal reports that Burlington is in the midst of a national expansion effort. The chain plans to open over 100 stores per year for the next five years and is opening four new stores in the Houston area this fall. </p>
<p data-beyondwords-marker="b2eac4cb-7a58-45cc-9302-8a10299de489">Besides the Conn’s stores, the company acquired 64 leases from Bed Bath &amp; Beyond, which filed for Chapter 11 bankruptcy in 2023 and closed nearly 900 locations.</p>
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<p>The post <a href="https://vrjproperties.com/burlington-takes-over-10-texas-conns-locations/">Burlington Takes Over 10 Texas Conn&#8217;s Locations</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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