Business & Tech

Newark Retail Lackluster Compared to Fremont, Union City

Rival local malls are more sought after, retail expert says.

 

Newark's retail centers continue to face stiff competition from malls in adjacent cities, according to partner Thad Logan of Retail West, a San Francisco-based commercial real estate firm.

"The big picture along the Interstate 880 corridor is the success of Pacific Commons and Union Landing," Logan told Patch.

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By contrast NewPark Mall and Mowry Center are suffering from leakages. 

For example retail giant TJX Companies will be opening a TJ Maxx and Home Goods at Pacific Commons, an ominous sign for the TJ MAXX at Mowry Center.

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Newark economic development director Terrence Grindall recently told Patch he doesn't have any information about a possible closure.

But he said TJ MAXX doesn't commonly have two stores as close as the existing Newark store and pending Fremont location would be.

Newark's retail departures in recent years include the loss of a Toys'R'Us to Fremont.

Grindall told Patch that city officials are working with property owners to bring the next wave of retail activity to Newark.

But the current tide seems to favor Union City and Fremont.

"Union Landing has held its position since it opened and its theater remains a huge draw," Logan told Patch.

Pacific Commons also maintains the retail version of critical mass -- the right mix of entertainment, big box stores and restaurants -- to perpetuate its momentum.

"Success feeds on itself," Logan said.

 

 

 


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