The Palestine Herald, Palestine, Texas

Local News

May 22, 2014

Area on loop acquired for new business: Herschel's closure met by mixed reactions

PALESTINE — According to information from the City of Palestine and local business owners, an area along South Loop 256 opposite the Palestine Mall has been purchased by a single entity for the purpose of erecting a new business.

Folks around town have mentioned that CVS pharmacy located in the Palestine Plaza, off Crockett Road, may be relocating there. But Mike DeAngelis, public relations director for the CVS Caremark Corporation who deals with real estate and store locations, told the Herald-Press in an email that he had “no announcement or comment about a new store location in Palestine.”

Former county judge John Ballard McDonald, who currently works in the petroleum and land industry, said he had heard talk of the move from an employee at the local pharmacy.

I know they've (CVS) made a deal on their real estate, which is Herschel's hamburger (restaurant), and that building next to it, which used to be Frank's Pharmacy, and then where the old Blockbuster used to be,” McDonald said. “They're going to build a superstore, so I'm told. They don't have a drive thru where they are.”

Jeffrey Lyons, development services director for the city, said while he could not confirm any corporate names just yet, the area in question — which spans three commercial lots — is in the process of being acquired, and demolition plans are in motion for the buildings that currently stand there.

This includes businesses like Fastenall, part of a national distributor that for seven years has been perched on the loop offering construction and industrial products. Fastenall General Manager Jimmy Collins said the business had been leasing the building but, as of last week, is in the process of relocating to 3818 W. Oak St.

Before it was leased to Fastenall, the building housed a pharmacy owned by Frank Duncan, who still owns it. Duncan confirmed that a contract is in the process of being finalized and the three lots along the loop there (his being one of them) are involved.

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