CLEARFIELD – A new tenant could be on the horizon for a long-empty Lawrence Township retail building.
Donald Cafiero, president and CEO of Pennmark Management Co. LLC of Plymouth Landing, spoke with GantDaily Wednesday afternoon, saying the company is in the process of acquiring the former Big K building in the Big Lots! Plaza.
That building was vacated in 2002 as part of a large-scale downsizing by K-Mart.
Right now, Cafiero said his company is working on plans for possible renovation and re-use of the building.
The company owns shopping centers across the state from Pittsburgh to Philadelphia and some in New Jersey. The company’s Web site shows it has worked with such names as Radio Shack, Dollar General, Aldi’s, CVS Pharmacy, Pearle Vision, Starbucks Coffee, K-Mart and JoAnn Fabrics at other centers it operates.
“We will be conducting an in-depth market study that will determine the possible uses for the building,” Cafiero said.
In conjunction, he plans to work with leaders in Lawrence Township and Clearfield County in securing a tenant.