Myrtle Beach Mall - Property Management Myrtle Beach Sc

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Myrtle Beach Mall is a regional shopping mall located in Briarcliffe Acres, South Carolina, USA The mall has (523,414 sq ft (48,627 m2) of GLA space.

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Description

The Myrtle Beach Mall is located adjacent to the intersection of 22 and 17 in Briarcliffe Acres, South Carolina and has retailers, specialty shops, and even places to eat. The mall includes a Belk (Men's and Women's stores), JCPenney , Carmike Theatre, Books-A-Million, Islamorada Fish Company and Ruby Tuesday restaurants, and includes South Carolina's only Bass Pro Shops Outdoor World. The mall also includes Foot Locker, Victoria's Secret, Hallmark, Bath and Body Works and Reeds Jewelers. The mall has over 80 stores in total. It originally had a carousel which was later removed.



History

The mall originally opened in 1986 as "Briarcliffe Mall", with the name later changing to "Colonial Mall Myrtle Beach." It was the second mall to open in the area, with the first being the now-defunct Myrtle Square Mall. The name was changed to Myrtle Beach Mall in 2007 after being purchased by Jones Lang LaSalle, who acquired it from Colonial Properties Trust in July 2007. The mall's last major update was in 2004. It is one of two malls in the area, with the other being the larger, super-regional Coastal Grand Mall. The second Belk store was added in 1994, as the original Belk store required expansion but was landlocked.

In the early 2000s, the mall saw a large improvement, as a Bass Pro Shops was added, demolishing the Kmart which had previously anchored the mall at that end. That is the only Bass Pro Shops location in South Carolina, and has helped keep the mall a viable retail establishment in the Grand Strand.

On May 17, 2014,it was announced Peak Financial Partners, a private real estate investment firm,as well as Msuma Holdings Corp have acquired the mall for $45 million and plains for the 521,000-square-foot mall were on available Friday afternoon

On May 22, 2014, it was reported that the new owners of the Myrtle Beach Mall say that architects have already developed a couple of new concepts for the mall and there are plans to change the mall in order to get more shoppers in its 521,000 square feet. The first changes will be to redesign the food court, then do a conversion of the center of the mall, as well as wll as the theater area and the mall's front. At some point in the future the mall will get an the interior and exterior makeover that, which Icing by Claire's manager Erika Gillard said earlier this week that she thinks it is needed. Allan Davidov, partner at Misuma Holdings, which is Peak's partner in the venture, said that Misuma, as well as Peak have the same goal as Gillard and other merchants and that is to get more traffic in the mall. "Anything they can do to improve the mall is good," Steve Harm, owner of Countertops & More, said when he heard what Davidov and Priel have planned. "You've got to spend money to make money."

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Anchors

  • Bass Pro Shops (108,048 square feet)
  • Belk East (61,234 square feet)
  • Belk North (57,621 square feet)
  • Carmike Theatre (50,000 square feet)
  • JCPenney (50,475 square feet)
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References

  1. ^ "Myrtle Beach Mall About Us". Myrtle Beach Mall. Retrieved 18 May 2014. 
  2. ^ a b "Myrtle Beach Mall Fact Sheet" (PDF). Myrtle Beach Mall. Retrieved 22 May 2014. 
  3. ^ "NEEDING ROOM BUT LANDLOCKED, BELK TO OPEN 2ND STORE IN MALL". The Charlotte Observer. 5 November 1994. Retrieved 22 May 2014. 
  4. ^ Jones, Steve (17 May 2014). "Partners buy Myrtle Beach Mall". The Sun News. Retrieved 17 May 2014. 
  5. ^ "Peak Financial Partners, Inc. and Misuma Holdings Complete Joint Venture Note Acquisition of Myrtle Beach Mall in South Carolina". Peak Financial Partners, Inc. Retrieved 18 May 2014. 
  6. ^ "Peak Financial Partners, Inc. and Misuma Holdings Complete Joint Venture Note Acquisition of Myrtle Beach Mall in South Carolina". PR Web. Retrieved 22 May 2014. 
  7. ^ Jones, Steve (22 May 2014). "New look, new tenants ahead for Myrtle Beach Mall.". The Sun News. Retrieved 22 May 2014. 
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External links

  • Myrtle Beach Mall



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