Real Estate

Only One Vacancy Remains in Drug Mart Plaza

News of a wine bar opening in the renovated plaza means that the building is almost full.

After the owners of Deagan’s signed a lease to open a wine bar in the renovated Lakewood Plaza, only one storefront remains vacant.

And the property owners say that won’t last long.

David Berkovitz, the project manager for the Levey and Company, said negations are under way with “a regional tenant,” but declined to comment further on the proposal.

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“We’re just waiting for the word,” he said.

During the past several months, tenants have been filling up the plaza, which has gone a multi-million-dollar renovation during the past year.

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With potentially eight spaces available, the newly renovated plaza is almost full.

In August, pizzaBOGO announced plans to move into the space just to the west of Radio Shack. The build-out of that space continues.

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

The BuyBacks store — a business specializing in buying and selling movies, games and music — opened next door to the Quaker Steak and Lube in November.

Several tenants — including the Sakura Japanese restaurant, Blockbuster and Dots — left the plaza before the $3 million renovation began.

The only ones remaining were Radio Shack and plaza anchor Discount Drug Mart, which is wrapping up its exterior renovation.

Berkovitz said he’s pleased with the progress of the plaza, and looks forward to filling out the space in the renovated building.

“It’s certainly a big change from what it was,” he said. “Whenever you have a project like this with tenants in there, there’s always some pain when you rip the scab off. But I think it’s a big improvement. I think it’s going to be a really nice addition to Lakewood.”


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