Last Oakland Gap store closing later this summer – Business News
Oakland residents may have one much less place to buy khakis and hoodies this summer, with a main retailer pulling up stakes within the Bay Area metropolis.
Gap will close its final retail store in Oakland, positioned at 3277 Lakeshore Drive, will close someday this summer, after the store’s lease expires, the company confirmed to SFGate.
The closure will depart Oakland with out a Gap store, following the 2008 shuttering of a Gap on Broadway, that was in the end was a Walgreens store.
The company additionally confirmed that it will present alternatives for displaced workers to relocate to different shops within the Bay Area.
Gap will close its final retail store in Oakland, positioned at 3277 Lakeshore Drive, will close someday this summer, after the store’s lease expires, the company confirmed to SFGate. Google Maps
The closure will depart Oakland with out a Gap store, following the 2008 shuttering of a Gap on Broadway, that was in the end was a Walgreens store. Mindaugas Dulinskas – stock.adobe.com
The Gap at the moment operates quite a few retail areas in San Francisco, Marin County, and the South Bay, plus a Gap Factory Outlet positioned in Livermore.
Dallas-based CBRE will symbolize the ten,318 square-foot property, which options 8,344 sq. ft on the principle stage and 1,974 sq. ft on the higher stage.
The property is nestled within a retail surroundings that features neighboring tenants similar to Trader Joe’s, Chipotle, Philz Coffee, Wells Fargo and T-Mobile, to call a few.
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The itemizing mentions “boutique retail” as the highest “ideal use” for the property, with different concerns together with wellness/fitness, specialty food/beverage, financial providers, fitness and service-based business.
The Gap on Lakeshore Drive opened in 2000, with Terri Ellis, the final supervisor of the Heath Company, calling the Gap store, “a staple on the Avenue.”
She additionally stated the Gap closure was “very sad,” together with her late husband initially developing the space for the Rubino Building in 1999, earlier than the Gap moved in.
The Gap at the moment operates quite a few retail areas in San Francisco, Marin County, and the South Bay, plus a Gap Factory Outlet positioned in Livermore. Mindaugas Dulinskas – stock.adobe.com
The Gap at the moment operates quite a few retail areas in San Francisco, Marin County, and the South Bay, plus a Gap Factory Outlet positioned in Livermore. VV Shots – stock.adobe.com
The first Gap store opened simply throughout the Bay on Ocean Avenue in August 1969, based by Doris F. Fisher and her husband Donald, the previous of whom handed away at 94 final week.
That initial store solely bought overstock Levi’s denims and LP albums to draw a youthful viewers, with the model growing swiftly all through the years.
The company additionally operates Banana Republic, Old Navy and Athleta, and they’ll disclose their first quarter financial outcomes on an earnings call on May 28.
Gap is simply the newest national model to utterly pull out of the Oakland space.
In-N-Out closed its final Oakland location back in March 2024, citing, “issues of ongoing crime,” based on KRON.
The closing was historic as properly, the primary In-N-Out restaurant to close within the fast food chain’s 75-year historical past.
A Denny’s on Hegenberger Road additionally closed in February 2024, citing ongoing security issues.
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