Los Osos retail space tied up in bankruptcy
October 22, 2015
By John Lindt, publisher of Sierra2theSea
Los Osos shopping center manager Clayton Gambril said the Haggen space on Los Osos Valley Road is tied up in the bankruptcy proceedings now that the Washington-based chain has filed Chapter 11. The loss of the tenant has created at least a temporary obstacle for plans to upgrade and add new tenants the shopping center.
“We can’t do much, our hands are tied,” Gambril said.
For the community, the loss of the grocer leaves the town with just one large grocery store – Ralphs.
“While we wait, we have several interested parties,” Gambril said. “We are hopeful it won’t be long.”
Gambril estimates the new Starbucks slated to fill the former Bank of America space will be open by the end of the year.
One tenant said to be looking at the Haggen building, is Miner’s hardware. But that would leave the center without a major anchor.