Dallas-based Venture Commercial has completed a 30,000 square-foot lease on behalf of Ollie’s Bargain Outlet to open a store at 3045 East Texas Street in Bossier City, Louisiana.
Tim Henson and Benjamin Hines with Venture represented Ollie’s Bargain Outlet, Inc. in negotiations to lease the existing building. Bill Sale with Sale Commercial Properties in Bossier City represented the landlord, 3045 East Texas Street, LLC. The store is expected to open in the fourth quarter of 2018.
“Ollie’s Bargain Outlet is aggressively expanding in Louisiana, and they expect to open 10-12 stores over the next two years,” said Henson, a partner at Venture.
Ollie’s Bargain Outlet is an extreme value retailer, offering name brand products in every department, including housewares, food, books and stationery, bed and bath, floor coverings, toys, hardware and other categories. Ollie’s currently operates 268 store locations in 20 states across the Eastern portion of the United States. For more information, visit www.ollies.us.
About Venture Commercial
Venture Commercial Real Estate is a leader in retail brokerage services throughout the Southwest and is dedicated to each client’s success. The company’s full-service real estate platform includes landlord and tenant representation, property management, land sales, disposition, investment sales and development services. Venture also provides strategic market planning and site selection for restaurant and entertainment clients through its Venturetainment team. Venture is the D-FW partner of X Team International, a network of retail real estate advisors with expertise across the U.S., Canada and Europe. For more information, visit venturedfw.com.