She-Pop to Relocate as Landlord Expands Offices
Peoria retailers face potential displacement as large institutional landlords transition commercial plazas to office use.
Updated on Oct. 28, 2026 in Openings & Closings
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Popcorn retailer She-Pop plans to vacate its MidTown Plaza storefront in early 2027 as new owner OSF HealthCare reclaims the retail space for corporate office expansion. The relocation marks a departure from Peoria, Illinois, for the business after four years of operation.
Why it matters
Business owners in commercial plazas face increased displacement risks when health systems or large institutional landlords acquire their properties for office conversion. The shift forces operators to balance the cost of local relocation against the expense and operational complexity of moving to a new market.
She-Pop will move its base of operations 500 miles after operating at the MidTown Plaza site for four years. While the company faces a relocation in early 2027, the business original lease was not set to expire until June 2028.
The players
She-Pop
A retail business that has operated in Peoria for four years.
OSF HealthCare
A large-scale health system that acquires commercial properties to expand office space.
Shelia Marshall
The owner and operator of the retail business She-Pop.
The details
The transition occurs as OSF HealthCare converts retail units into professional office space, a strategy it has employed previously, such as the 2020 opening of its Center for Health on Knoxville Avenue. Owner Shelia Marshall, citing local options as either cost-prohibitive or undersized, will move equipment and re-file business licenses to transition the brand to Oxford, Mississippi. Peoria city officials are providing relocation assistance to impacted small businesses during this transition.
Timeline
OSF HealthCare opened the Center for Health in 2020.
The Peoria location will officially close in the first few months of 2027.
The original lease for the MidTown Plaza site was scheduled to expire in June 2028.
Market Landscape
This redevelopment of MidTown Plaza follows the pattern of institutional office expansion established by the 2020 opening of the OSF Center for Health at 1800 Knoxville Avenue. The move signals a broader regional trend where health systems prioritize footprint expansion over retail tenant retention.
Owners operating in high-demand commercial plazas should verify their lease's buyout or termination clauses to prepare for potential acquisition by institutional landlords. Those facing displacement should contact local economic development departments early to access municipal relocation resources.
The takeaway
When institutional buyers acquire retail property, the resulting office conversion often creates an unbridgeable cost gap for small-scale operators. Owners should monitor local building sales to identify early signs of planned retail-to-office conversions in their own commercial portfolios.
Further reading
For more local retail news, visit the Peoria Openings & Closings section.
Source note: This article includes information reported by Indianapolis Star.
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Is it fair for local health systems to displace established neighborhood businesses for facility expansion?
