Eight Orchard Supply stores slated to close - see the list

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Nathan Donato-Weinstein: Real Estate Reporter- Silicon Valley Business Journal; Email | Twitter

Orchard Supply Hardware has announced the first stores to close as part of the San Jose-based retailer's restructuring plan, a group that includes one store in Newark.
Great American Group Inc. is handling liquidation sales at the locations. Sales got started under the weekend and will be ongoing.
Orchard announced June 17 it had agreed to sell itself to Lowe's Companies Inc. as part of a Chapter 11 bankruptcy reorganization. Lowe's bid $205 million for most of Orchard's assets, including "at least" 60 of Orchard's 90 locations. It's unclear whether more store closings are in the offing.
The Lowe's deal is expected to close within 90 days of the filing date, unless another bidder offers a higher price.
Click here for more coverage of the recent Orchard news. And click here for more on the liquidations.
The list of affected stores is:

Lone Tree: 4873 Lone Tree Way, Antioch
Citrus Heights: 6124 San Juan Ave., Citrus Heights
Fairfield: 1500 Oliver Road, Fairfield
Huntington Beach: 19330 Golden West St., Huntington Beach
Long Beach: 4480 Atlantic Ave., Long Beach
MidTown: 4801 W. Venice Blvd., Los Angeles
Newark: 5655 Jarvis Ave., Newark
Vacaville: 220 Peabody Road, Vacaville

Nathan Donato-Weinstein covers commercial real estate and transportation for the Silicon Valley Business Journal.

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