If Zellers is leaving Bridgewater, its news to the property manager of the Eastside Plaza. Jim Chambers of Chambers Developments says Zellers has approximately 10 years left on their lease. Chambers says nothing has been said to indicate Zellers is leaving.
"We have no information whatsoever that they intend to leave. It's their lease, they will tell us if that's what they want to do, but we have had no information to that effect whatsoever. They have an operating clause that says they're going to operate, so this could go on for a long time."He says there are many rumours floating around the town.
"The truth is that out of 280 stores, Zellers has sold the leases to all of them, except for about 50 or 60, so its only allowing us to assume that they may want to sell this lease, but we have had no information whatsoever."He says Zellers will continue to operate until the tenant and landlord make an alternate agreement.