BRAINTREE − Out with Beyond, in with Burlington.
The former Bed Bath & Beyond location at The Marketplace at Braintree will become a Burlington Store, formerly known as Burlington Coat Factory. It is set to open this fall.
The sale of 400 Grossman Drive Unit #5 appears to have been made to a limited liability company linked to New York-based furniture retailer Raymour & Flanigan, Norfolk County records show. Raymour & Flanigan has a real estate division.
The sale went through on Aug. 9 for $9.35 million.
Burlington will lease the location, according to bankruptcy documents. Burlington announced in an August news release that it had acquired 62 leases of former Bed Bath & Beyond stores.
Burlington has an existing Braintree store in Granite Plaza at 705 Granite St. That location will remain open, a company spokesperson said. The Patriot Ledger also reached out to Bed Bath & Beyond and Raymour & Flanigan for comment on this story.
Bed Bath & Beyond went belly-up and filed for bankruptcy in April, closing 360 stores and 120 buybuyBaby locations. Through the bankruptcy process, online retailer Overstock.com acquired Bed Bath & Beyond in June, and two months later announced the relaunch of its combined digital-only marketplace under a singular name.
Editor's note: This story has been updated from the original.
Hannah Morse covers growth and development for The Patriot Ledger. Contact her at email@example.com.
This article originally appeared on The Patriot Ledger: Burlington Store set to open in former Bed Bath & Beyond in Braintree