Alamo Group purchases Victorville Toys R Us

toys r us

toys r us

VICTORVILLE – The Alamo Group and tech entrepreneur Richart Ruddie purchased five former Toys R’ Us locations, including the Victorville store, with the goal to repurpose properties while delivering great value.

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“While old big box anchors and enclosed shopping malls have been failing and going out of business, great entrepreneurial minds are finding new opportunities and ways to repurpose and re-tenant these properties and deliver great value while also creating new job opportunities,” said Alamo Group Owner Don Guabe.

The former Toys R Us store in Victorville permanently closed its doors in the summer of 2018 – one of 735 stores to close nationwide. After filing for bankruptcy, the company disclosed that it had about $5 billion in debt and was spending about $400 million a year just to service it.

The TRU portfolio purchase, completed November 2021, included the 5 former Toys R’ Us locations, along with Planet Fitness, Dollar Tree, Taco Bell and McDonalds – 90,000 square feet of commercial space available to re-tenant.

According to the Alamo Group, the Victorville property has high visibility from I-15 and 202’ of frontage on Amargosa Road which both have high traffic counts. Strong demographics include a daytime population of 87,415 residents within 3 miles. National retailers surround this property, including big box co-tenancy.