PROMOTING THE COMMUNITY
Good News! Retail is Alive and Well at The Village Medford Center with the Addition of 3 New Anchors! Medford, OR | January 20, 2021 | Press Release
I t’s nice to be able to announce some good news these days. The Village at Medford Center will soon expand its retail roster with a dynamic lineup of new national off-price retailers including T.J. Maxx and, in its the first location in Southern Oregon, Burlington. Opening in 2021 in the former Sears building, these new stores continue the implementation of LBG Real Estate Companies LLC’s (“LBG”) redevelopment vision for The Medford Center, a property they purchased in 2014. In addition to Burlington and TJ Maxx, LBG is finalizing negotiations with a third national off-price retailer slated to open in early 2022. With these three new major tenants in place, Medford Center will become the premier shopping, entertainment and dining destination in Southern Oregon. “We are extremely excited to add both TJ Maxx and the first Burlington store in Southern Oregon to the Village at Medford Center. These exceptionally promotional retailers combined with our existing best-in-class entertainment, daily needs and lifestyle tenants will appeal to both the local market and the more than 4
million tourists that visit the Medford area annually and will further reinforce The Village at Medford Center as the dominant retail property in Southern Oregon”, says David S. Goldman, a Managing Partner with LBG charged with overseeing LBG’s leasing efforts. LBG is an award-winning real estate development company that is focused on re- imagining challenged shopping centers to create best in class environments that reflect the unique characteristics of the surrounding community.
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The Business Review | February 2021
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