published on August 28, 2018 - 10:45 AM
Written by John Lindt

Electronics powerhouse Best Buy will relocate from its 30,000 square-foot Visalia location to a larger 41,000 square-foot space.

The move will only take the retailer across Mooney Boulevard into a former Sports Chalet building next to a Target store in the Packwood Creek shopping center. Plans are to open the new location by February 2019.

That’s word from agent Jon Stansbury of Cushman & Wakefield, who represented the seller of the building. Stansbury says the buyer is not Best Buy but DBO Development, also known as the Orosco group, which built the Packwood Creek shopping center and will be leasing the space to Best Buy. 

The fast moving deal leaves another tenant, Bobs Discount Furniture, out in the cold looking for another place to land. Bob’s had applied to the city for tenant improvements at the Sports Chalet building but was unexpectedly displaced when the owner agreed to sell the place to DBO in a deal that is set to close later in September, Stansbury said.

The current Best Buy building’s private owner will now be looking for a tenant come February with no word on who might go in.

“Junior anchor spaces are hard to fill right now,” said Stansbury, who saw the Sports Chalet space sitting idle for several years.

e-Newsletter Signup

Our weekly poll

Is your company participating in the federal payroll tax deferral program?

Loading ... Loading ...

Central Valley Biz Blogs



Article views


Sign up icon

To continue website access to

please create a FREE account OR login here.


Article views


For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code