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Joann liquidation provides retailers with fresh batch of available store spaces

Craft store’s bankruptcy puts 18.5 million square feet of retail space in play
Despite a flurry of other recent store closings, most of the former Joann’s locations are expected to be leased by this time next year. (CoStar)
Despite a flurry of other recent store closings, most of the former Joann’s locations are expected to be leased by this time next year. (CoStar)
CoStar Analytics
March 11, 2025 | 6:34 P.M.

After failing to secure a buyer amid its second journey through bankruptcy court in less than a year, Joann Fabrics is winding down operations after more than 80 years in business. The craft chain's liquidation will bring approximately 18.5 million square feet of store space spread across 800 locations will be brought to market.

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