Orange, CA Savers Value Village Inc., a publicly held, for-profit thrift store retailer, has expanded its Orange County presence with a lease of 25,688 s/f in the Santiago Hills Shopping Center. Located at 8520 E. Chapman Ave., this location will give the Bellevue, WA-based international chain its fifth store in Orange County.
Savers was represented by Terry Bortnick and Lea Clay Park of Axiom Retail Advisors, an Irvine, CA-based retail brokerage and consulting firm specializing in Southern California landlord and tenant representation, and a member of X Team Retail Advisors. The landlord, Pacific Properties Group, was represented by Newmark broker Bryan Norcott. The transaction amount was not given.
Savers Value Village Inc. is publicly traded and has more than 315 locations throughout the United States, Canada, and Australia, offering secondhand merchandise for sale.
“Savers is delighted to expand its reach into Orange County with a store at Santiago Hills. From this strategic location, served by toll corridors and adjacent to the Irvine Ranch, Savers expects to serve the community of Orange and beyond,” said Bortnick. “This store, along with a recently announced location in Laguna Hills, will bring Savers’ store count to five locations County wide.”
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