SOLD – Commons at Magnolia

THE OPPORTUNITY

• The Center has benefited from strong tenant retention
• Gross Leasable Area: 96,491 SF
• Large tract of land at 11.67 acres
• The Bed Bath & Beyond is the second busiest in the state of South Carolina

THE HIGHLIGHTS

• Property is a Target shadow center located on the primary retail corridor within the Florence market
• Unrivaled location at the intersection of I-95 and I-20
• Strong traffic counts with 17,000 VPD on David H McLeod Blvd, 50,454 on I-95, and 30,495 on I-20
• Great synergy within the site with Magnolia Mall, Target, several hotels, and multiple restaurants.
• Over 1.1 million visits to the center per year from almost 400 thousand customers
• The Bed Bath & Beyond is the 2nd busiest Bed Bath & Beyond in the state of South Carolina