Walmart in Owings Mills to close amid failed lease renegotiations – WBAL TV Baltimore

A Walmart in Owings Mills will shut this month because of fallen short lease renegotiations with the residential or commercial property’s property owner, according to a spokesman for the Arkansas-based retailer.The closure, readied to happen June 30, will certainly leave around 200 employees unemployed, claimed Charles Crowson, supervisor of communications at Walmart. The business’s five-year lease at 9750 Reisterstown Rd. finishes July 31, and also without a new lease in position, the shop will close, he claimed.”Frankly, it’s not a decision we specifically intended to make, but was one we seemed like we had to make,” Crowson said.Read the complete tale from our media companions in the Baltimore Business Journal.

OWINGS MILLS, Md.– A Walmart in Owings Mills will close this month because of failed lease renegotiations with the property’s landlord, according to a spokesman for the Arkansas-based retailer.The closure, set to take place June 30, will leave around 200 employees unemployed, said Charles Crowson, supervisor of interactions at Walmart. The company’s five-year lease at 9750 Reisterstown Rd. ends July 31, as well as without a new lease in place, the shop will shut, he stated.”Honestly, it’s not a decision we especially wished to make,

however was one we seemed like we needed to make, “Crowson stated.

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