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TJ Maxx closes Rotterdam Square mall store

Retailer has new location in Johsntown

Tuesday, March 25, 2014
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— Rotterdam Square mall has lost one of its major tenants.

TJ Maxx shut down its storefront in the mall earlier this month after opening a new location in the Fulton County city of Johnstown. The retailer is occupying space recently built in a shopping plaza on Route 30A about 30 miles away from Rotterdam Square.

Though not technically an anchor of the mall, TJ Maxx was one of its largest tenants. The Massachusetts-based retailer occupied a large portion of the wing leading to Sears.

TJ Maxx closed operations in the mall at the beginning of March. The location in the Johnstown Shopping Center includes a storefront and 23,000 square feet of space.

“Our new store in Johnstown will deliver value and an exciting selection of fashion to serve the needs of customers,” TJ Maxx President Richard Sherr said in a statement released before the location’s grand opening March 6.

Plans for the Johnstown TJ Maxx were unveiled to city planners roughly two years ago. At the time, however, the company didn’t indicate any intention of closing the Rotterdam store.

The latest vacancy adds to more than two dozen that previously existed at Rotterdam Square, which has struggled with occupancy problems for several years. A mall representative could not be reached for comment Tuesday.

In January, Rotterdam Square was purchased from the California-based Macerich Co. by the Kohan Retail Investment Group of Great Neck. The mall sold for $8.5 million — a fraction of its assessed value of $30 million.

The new owner has vowed to breathe vitality into the mall. In January, Mike Kohan said he intends to bring new businesses and special events to Rotterdam Square in order to drum up foot traffic.

 
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