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Welcome to the world of increasing store rents!

February 13 2018 at 11:32 AM
Bill  (Login Nav1Bill)
HyperScale Forums
from IP address

Response to Bad news for Baltimore area, Bel Air Hobby Works is closing

As Bruce said about the Fairfax shop, the owners want much more rent for the space. Given they were near the corner of a "L"-shaped shopping center, which includes Best Buy, Shoppers Food Warehouse, and other popular stores, it was a no-brainer to force Hobby Works out.

This is probably the biggest killer of hobby shops in the greater DC area. Owners are always looking for the big bucks and chain stores can afford the overhead costs. No matter where you are the stores are all the same names you see at home, selling the same stuff.

Just look at Old Town Alexandria: There used to be many individual, unique shops. Now it is mostly chain names, similar to what you find in any shopping areas.

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