| Opinion - Friday, July 7, 2006
Home Depot a good fit at San Antonio
by Fred Thoits
As the owner of the commercial retail property at San Antonio Shopping Center where Home Depot is proposing a new store for Mountain View, I wanted to share our thoughts on why we believe this store will be an excellent addition to the community.
As soon as we learned that Sears would not be renewing its lease, we began to search for another retailer that would fit at the site. As a local, family-owned real estate company it was important to us not to let the site sit vacant and possibly deteriorate. We sought a quality tenant to replace Sears as quickly as possible. Home Depot was very interested in the site, and they have a strong desire to become a part of and to serve the Mountain View shopping community.
This is an exciting time for the shopping center. With the recent closures of San Antonio Hobby Shop and Gospel Books and Music and the proposed closure of Albertsons, it is an opportunity to revitalize the center as a neighborhood shopping destination and bring new options to the community.
We are delighted that Home Depot may be a part of this and believe that a Home Depot store will help draw exciting new tenants to the center. This future is much brighter than empty storefronts and dilapidated buildings that could occur if no businesses are attracted to the shopping area.
We are working closely with both Home Depot and the city to reach out to other tenants of the shopping center and the community to get feedback about the proposed store. With input from all stakeholders, we truly believe that Home Depot will be a positive addition to the existing shopping center and to the Mountain View business community.
Fred Thoits speaks for Thoits Bros Inc., the owners of San Antonio Shopping Center.
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