The Madison Park Tully’s Coffee shop, at 4036 E. Madison St., was one of four Tully’s locations in Seattle to close after the Seattle-based chain filed for bankruptcy protection on Oct. 10. The Madison Park store shuttered its doors four days later.
According to Tully’s marketing director Diana Geurts, the nine total stores in the Puget Sound area were closed because of “difficult leasing arrangements, rising commodity prices and traffic patterns,” though she noted that the Madison Park store, in particular, had good customer traffic.
Geurts couldn’t disclose individual store’s financial numbers due to company policy; however, “every effort was made to make the location profitable,” she said.
All the employees from the Madison Park store were transferred to Eastside Tully’s locations, Geurts said.
Wallace Properties, which handles the leasing for the property, learned of Tully’s closing through the public announcement, said property manager Vicki Read: “It was a surprise.”
There has been “lots of interest” in the property since,” Read said, though she couldn’t say what type of businesses were interested or when the space could be filled.
“We know [Tully’s] is a beloved part of the [Madison Park] community and did not make the decision lightly,” Tully’s Geurts said.
“We received just a few supportive comments via either e-mail or our TellTullys.com site. We respond to each note personally — whether it’s me or another staff member,” she said. “In fact, our CEO responded to one heartfelt e-mail from a young lady himself.”
The nearest Tully’s Coffee location is at 19th Avenue and East Aloha Street, on Capitol Hill.
For information about leasing the former Tully’s site, call Jay Bergevin or Peter Johndrow of Wallace Properties, at (425) 455-9976.
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