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Another Tenant Moving Into Drug Mart Plaza

BuyBacks, a national chain that buys and sells movies, games and music, is expected to move into the newly renovated Lakewood Plaza.

A national chain that buys and sells movies, games and music, is the latest tenant to sign a lease for a storefront at the renovated Lakewood Plaza.

Representatives from Levey and Company, the plaza’s owner, confirmed with city officials that BuyBacks will be the newest business to open at the plaza — commonly known as Drug Mart Plaza.

Officials from BuyBacks could not be immediately reached for comment. 

However, the company’s website boasts that it has the “largest selection of games, Blu-rays, DVDs, CDs and more” for sale. The store also buys back merchandise, noting “we pay you what your stuff is worth, in cash, and on the spot. 

“It is this reliable and honest system that keeps our shelves overflowing with great product.”

There are already 17 BuyBack stores in Ohio — eight of those are in Northeast Ohio.

The Lakewood store will be the 18th in the state.

With potentially eight spaces available, the newly renovated plaza is starting to fill up with interested tenants.

In August, pizzaBOGO announced plans to move into the space just to the west of Radio Shack.

That was just a couple days after Quaker Steak and Lube had finished construction of its new location and opened its doors on Detroit Avenue. 

The new BuyBacks store will be located next door to the Quaker Steak and Lube.

Several tenants left the plaza before the $3 million renovation began — the only ones remaining are Radio Shack and plaza anchor Discount Drug Mart, which is wrapping up its exterior renovation.

“We’re getting pretty close to getting this leased up,” David Berkovitz, the director of project management for Levey and Company, recently told Lakewood Patch. “Tenants are interested, and I think that speaks to the quality of this project.

"We’re excited about this. We have a lot of interest on the leasing front.”

Concerned Citizen September 25, 2012 at 12:25 PM
I have nothing against BuyBacks personally, but Lakewood residents, here's what I think we should do: Sell your unwanted items to BuyBacks, but make purchases from Exchange - a LOCAL company who will suffer from the direct competition. I would so much rather see Detroit Avenue filled with local, interesting entrepreneurs than national chains, but that means we have to support them. God Bless the locals and may they live long and prosper!
Evan Hammersmith September 25, 2012 at 01:24 PM
unconcerned citizen: You must have something personal against BuyBacks, because your proposed scheme would cause them to fail. Shame on you. Both businesses can prosper and with 2 stores, it'll increase the odds that either store will have the specific item being sought. Secondly, friendly competition is good for the consumer and keeps prices in check. Both businesses have a brick and mortar store, so the playing field is fair. This OHIO rooted company is choosing to invest in our city, so lets support them.
Brandon Scullion September 25, 2012 at 01:41 PM
I personally think they are going to fail anyway. The Exchange is going to own them as they have a true following with loyal customers.
Jorge October 24, 2012 at 05:42 PM
Honestly this isn't the first time that an exchange and a buybacks are located next to each other. Both stores have done fine if not better because it strives both companies to work harder to bring the best customer service so they don't lose there most loyal customers. Not to mention the competition will bring better pricing!! I think this is a good move and from a business stand point I think this will bring a healthy competition. For the concerned citizen if you buy all of your products from the exchange and sell them to buybacks eventually you would have to go to buybacks anyway because they could run out of product.

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