The former Best Buy store in Trotwood has been purchased by a Texas-based company.
Spigel Properties purchased the store in the 5000 block of Salem Avenue toward the end of February, according to Stanley Spigel, president of Spigel Properties. He declined to say how much the company paid for the property.
The Trotwood store was one of two Ohio locations that closed in 2012. The other was in Cleveland. A total of 50 Best Buy stores throughout the country closed that year.
Residents said they were disappointed to see another retailer leave the area, which was once home to the Salem Mall, the first mall in the area.
“Trotwood used to thrive,” said resident Brian Fogle. “I don’t like having to drive far away to shop.”
Several stores have closed in Trotwood during the past decade, including Elder-Beerman Furniture Gallery, Wal-Mart and Cub Foods.
Spigel Properties, which owns 20 buildings throughout Michigan and Ohio, has not determined how it will use the 55,000-square-foot space. The company is in the process of interviewing tenants to determine how it will use the space, according to Spigel.
The Salem Avenue location, which runs through Dayton and Trotwood, makes the building a strong place for new business, Trotwood City Manager Quincy Pope said.
“There is a lot of traffic in that area,” Pope said. “We are looking forward to revitalizing that area.”
City officials said they will talk with the company soon to learn how their plans may affect the area.
“We are excited about working with them to determine what their potential plans are,” Pope said.
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