FALMOUTH (WGME) – It was a big win Thursday night for a store on Route 1 in Falmouth.
The manager of the Falmouth Ocean State Job Lot says the company sank more than $1 million renovating the space before opening in November.
He says a few months later, the new owners of the Falmouth Center canceled their lease, to make room for a planned multi-use development.
This week, the Maine Business and Consumer Court ruled the Falmouth Center owners had no right to evict Ocean State Job Lot or terminate its lease.
Ocean State's CEO issued a statement saying "We invested $1.3 million in opening our store and bringing a gym to an underperforming shopping center. We feel vindicated by the court's decision and are thrilled to continue operating our store in Falmouth."
The store manager told us he and his employees feel a sense of relief.
Employees aren't the only ones happy that Ocean State Job Lot gets to stay in Falmouth. So are customers. Many of them say it wasn't right for the new landlords to try and give Ocean State Job Lot the boot.
Ocean State says because of the court ruling, it now has the option to extend its lease until 2043.
No word yet if the new shopping center owners plan to appeal.
We reached out to them for comment, but did not hear back from them.