The Bay Terrace Shopping Center will be losing its Barnes & Noble bookstore, which has called the Bayside commercial center home since 1993.
In its place, Bay Terrace owner and caretaker the Cord Meyer Development Company has signed with HomeGoods store, a company owned by TJ Maxx, on a new lease, but said it could not disclose the exact timeline of the move.
HomeGoods did not return requests for comment.
The new HomeGoods store should be expected to occupy the 25,000-square-foot commercial space by early 2016, Cord Meyer Leasing Assistant Joy Mangone said. Renovation of the space is not expected to incur any major reconstruction at the shopping center.
Barnes & Noble Vice President of Development David Deason said the decision to close was beyond the company’s control and a matter of cost for renting the space.