Retailer's First Store in Region To Open October 2004
FLORENCE, S.C., March 18 /PRNewswire/ -- Edens & Avant, one of the
nation's fastest growing retail real estate enterprises, today announced that
the Company will bring Old Navy to Florence Mall. According to Tina A.
Marshall, Vice President, Old Navy's new 14,501 square foot store location at
Florence Mall represents the popular retailer's initial entry into the rapidly
expanding Florence retail market.
"The Old Navy store is scheduled to open in October," says Marshall.
"Demolition has been under way at the site where the Old Navy will be located,
near our Books-a-Million. Actual construction will begin as soon as the
demolition is complete."
The Old Navy addition is just the latest in a long string of new retailers
at the regional shopping center since Edens & Avant began "de-malling" the
center three years ago.
Marshall says the $10 million multi-phase renovation of Florence Mall
continues as other additions are slated.
"We believe landing Old Navy as the newest retailer at Florence Mall is a
significant development for Florence, and Edens & Avant is pleased to be able
to make this happen for shoppers in the region."
Since Edens & Avant began renovations at Florence Mall, new retail
operations at the center include TJ Maxx, Ross Dress for Less, Talbots, Shoe
Carnival, Rugged Warehouse, Cold Stone Creamery, Ci Ci's Pizza and Atlanta
Bread Company. Edens & Avant has owned and operated Florence Mall since 1984.
Old Navy, which sells lower-priced casual clothing and accessories popular
with younger consumers, is part of the clothing giant, The Gap Inc.
Edens & Avant is the nation's largest private owner and developer of
grocery-anchored shopping centers with 220 owned assets in 20 states
throughout the Eastern United States. The Company focuses on the operation
and development of grocery-anchored Necessity Retail(R) Centers traditionally
leased to national and regional retailers that serve the basic and recurring
consumer needs of the trade area population.
The Company has Regional Headquarters in Boston, MA, Washington, DC, and
Columbia, SC (Corporate Headquarters.)
SOURCE Edens & Avant
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Related links:
http://www.edensandavant.com
Company News On-Call:
http://www.prnewswire.com/comp/130143.html
CONTACT:
Susan Sale-Korper, VP, Corporate Marketing of
Edens & Avant, +1-800-662-7212, or ssale@edensandavant.com
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