Barnes & Noble will close its location at the Eastridge Mall in San Jose, Calif., on January 11. The Mercury News reported that the 27,700-square-foot store is "the latest casualty of the brick-and-mortar book store chain, joining Barnes & Nobles in Pleasant Hill, West San Jose and Fremont, among other Bay Area cities, in recent years."
B&N Eastridge store spokesman Michael Koller confirmed that the company's decision was related to a new lease. The mall was sold last January to an investment group that is revitalizing it. The new owners, Pacific Retail Capital Partners and Silverpeak Real Estate Partners, issued a statement saying the bookstore closure was "a business decision by Barnes & Noble" and that Eastridge "is actively seeking a new bookstore partner to serve the needs of our shoppers."