Sleepy’s Mattress has signed a lease for its second showroom off Northway Exit 9, this one in the former Borders bookstore.
The Long Island-based mattress retailer signed a lease with Windsor Development to lease 6,751 square feet of the 15,000-square-foot former bookstore at 5 Southside Drive south of Route 146. The bookstore closed last year when the Borders chain went out of business.
Windsor will renovate the space to split it up and add other exterior entrances for other tenants, and the lease will begin when the building is ready, said Paul Bulmer, senior director of real estate for the Vanguard-Fine real estate firm in Guilderland.
“It’s being done by the landlord. It’ll be a turn-key space,” he said.
Windsor got a building permit last month to do interior demolition work on the space and will need another building permit to do interior construction, according to the town Building Department.
The company estimates it will cost $30,000 to do the interior demolition on the eight-year-old building, according to the building permit application.
Southern Saratoga County’s first Sleepy’s Mattress opened last week at The Crossing in Halfmoon, a Route 9 commercial development that includes Kohl’s. It is across from Raymour & Flanigan and only about a mile away from the former Borders store.
A representative from Sleepy’s did not return a call seeking comment Wednesday on the new space.
Also in recent town news, a previously approved extended-stay hotel has been approved again after its site plans expired.
The town Planning Board on March 13 approved an extension of the plans for Residence Inn by Marriott’s 105-room hotel on Route 9. The site plans were originally approved in 2008 but expired after two years, said Planning Director John Scavo.
The 5-acre site also includes space for a 5,200-square-foot standalone restaurant.
It is next to another hotel, the Holiday Inn Express, which is owned by the same local hotelier, Tony Audi.
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Categories: Business