October 6, 2025

Bob’s Discount Furniture Selects Oakland Square In Troy For 11th Store Location In State Of Michigan

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BALTIMORE, MD (October 6, 2025) – Bob’s Discount Furniture, the nation’s 7th largest furniture store chain according to Furniture Today, selected Oakland Square in Troy as the retailer’s 11th store in Michigan. The Manchester, Connecticut-headquartered group signed a lease with Continental Realty Corporation (CRC) and recently opened in 36,662 square feet of space within the 220,000 square foot regional shopping center. CRC Leasing Managers Kristin Perry and Cherene Keenan represented the landlord in this lease transaction. The lease brings Oakland Square to 100 percent occupancy.

Founded in 1991, Bob’s Discount Furniture is one of the fastest growing furniture retailers in the country and operates over 200 stores in 26 states. The company offers everyday low prices and value without compromise on a wide variety of living and dining room, bedroom and outdoor furniture, including sofas and couches, recliners, mattresses, tables, nightstands, and home accents. Bob’s Discount Furniture also offers a family-friendly shopping experience featuring cafes in each store providing complimentary gourmet coffee, ice cream, cookies, and candy.

The company was also recently honored as one of Furniture Today’s “Giants in Bedding” and was recognized by Newsweek as one of America’s Greatest Workplaces; America’s Greatest Workplaces for Diversity; America’s Greatest Workplaces for Parents and Families; and America’s Greatest Workplaces for LGBTQ+.

Bob’s Discount Furniture is deeply committed to giving back to the communities where it does business. With the opening of the Troy location, Bob’s gave $2,500 to Morse Elementary School and the Community Housing Network. In partnership with the Bob’s Discount Furniture Charitable Foundation, Bob’s donates more than $2.5 million to charities each year.

“Bob’s selected to open our store in Oakland Square for many reasons including that it is conveniently located in the heart of the tri-county retail area,” said Chris Day, Senior Vice President of Real Estate, Bob’s Discount Furniture. “Our store, now in the former Bed, Bath & Beyond, is located in a vibrant retail corridor and we are delighted to join the other tenants in the center which is owned by Continental Realty Corporation.”

Delivered in 1986, with additional construction completed in 1997, Oakland Square is a three-building retail center occupied by prominent tenants including Burlington Stores, Kohl’s, HomeGoods and Ulta. Located at 372 John R. Road near the intersection of Lovington Avenue, the center services nearly 300,000 consumers within a five-mile radius, including more than 126,000 households with an average household income approaching $103,000.

Major employers in the greater Troy area include Fortune 500 company Kelly Services, Bank of America, Dupont Automotive, J.D. Power & Associates, High Tech Finance, PNC Financial Services, and The Woodbridge Group. Troy is ranked as the safest city in Michigan; the best city in which to raise a family in the state, according to Niche Rankings; the fourth best small city in the United States to start a business in; and 24/7 Wall Street calls it the seventh best city to live in the United States. More than 85,000 people reside in Troy

“Bob’s Discount Furniture is a nationally recognized brand and a perfect complement to the center’s powerhouse roster of anchor store tenants,” stated CRC’s Kristina O’Keefe, Vice President, Commercial Division. “The retailer is celebrated for its high-quality products, value pricing, and commitment to supporting the local community through fundraising and charitable initiatives, as demonstrated by its donation during the store’s recent grand opening. Its combination of stylish merchandise and community engagement has been a winning formula nationwide, and we anticipate similar success in the greater Troy area.”

Headquartered in Baltimore and founded in 1960, Continental Realty Corporation is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of over eight million square feet of commercial space and more than 10,000 apartment homes across 14 states, with a portfolio valued at nearly $4.2 billion. For additional information, visit www.crcrealty.com.