Demo of the interior of mall will start in late March
-February 14,2023-
Barnes & Noble bookstore will be opening in the winter of 2023 in Visalia, CA. Barnes & Noble will be 16,000 square feet and will be located in the Sequoia Mall shopping center located at the intersection of Mooney Blvd and Caldwell Avenue, the busiest intersection in Tulare County. The shopping center includes Hobby Lobby, Marshalls, Raising Cane’s and soon to also include Nordstrom Rack, Sprouts Farmers Market, Sola Salon and more businesses which will continue to be announced as part of the ongoing redevelopment of the property, said developer Jim Sanders of Paynter Realty this week.
The three big name retailers new to Visaia will be in-line south to north-Sprouts,Nordstrom Rack and Barnes & Noble.
“With Barnes & Noble joining the Sequoia Mall, this also ushers in a new transition for the Sequoia Mall as the interior of the mall will be officially closing on March 31st, 2023 so that construction can begin.” says Sanders.
Sanders confirms that 8 current tenants in the mall’s interior have been informed they need to move in March to allow for demolition. Sources say the air conditioned enclosed mall will be replaced by an open-air format shopping center with a road lined by stores going down the middle. This design has not been confirmed by the developer.
The fate of the Sequoia Mall movie theater is still not known as its owner Regal Cinema continues to work through its bankruptcy court hearings that started last fall The theater chain has closed scores of theaters across the US including in California. But no announcement as to what will happen to the two Regal Visalia theaters, at the mall or Downtown, has been made.
The theater will lose its main entrance in front of the mall with the demo work but retain its other two entrances to the rear of the mall.
Sequoia Mall is owned by Caldwell-Mooney Partners I, LP and managed by Paynter Realty & Investments, Inc.
“We are very excited to announce the next major addition to the ongoing redevelopment of the Sequoia Mall. Barnes & Noble will be joining the Sequoia Mall this winter. Barnes & Noble has proven the ability to achieve success in its omni-channel retail presence in both ‘bricks and mortar’ and e-commerce and will be a welcomed presence in Visalia and the greater Tulare County community. The future of the Sequoia Mall is bright as it will reopen but for now, to make way for Barnes & Noble and more new exciting retailers to come, the time has come to close the doors so that new doors can be opened in the future,” said David H. Paynter, President, Paynter Realty & Investments, Inc. and Managing Member of Caldwell-Mooney Partners I, LP.
The shopping center will have one more space to fill with impending closure of Bed Bath and Beyond in coming weeks.
About Barnes & Noble
Barnes & Noble is the world’s largest retail bookseller and a leading retailer of content, digital media and educational products. The Company operates approximately 600 Barnes & Noble bookstores across the United States, and one of the Web’s premier e-commerce sites, BN.com. Our Nook Digital business offers a lineup of NOOK® tablets and e-Readers and an expansive collection of digital reading content and an audiobook subscription service. Barnes & Noble’s mission is to operate the best omni-channel specialty retail business in America, helping both our customers and booksellers reach their aspirations, while being a credit to the communities we serve. Barnes & Noble is owned by Elliott Advisors (UK) Limited and run by CEO and bookseller James Daunt, who is also Managing Director of Waterstones bookstores in the U.K. and founder and owner of Daunt Books. Barnes & Noble was founded in 1971 by bookseller Leonard Riggio when he acquired the Barnes & Noble trade name and bookstore on Fifth Avenue in New York City. Learn more at www.barnesandnobleinc.com.
About Paynter Realty & Investments, Inc.
Established in 1988, Paynter Realty & Investments, Inc. has developed over 3.6 million square feet of commercial building space during its 34 years of history and currently manages approximately 2 million square feet primarily in Central California. as mixed use and professional office buildings.