Myrtle Beach Mall

Myrtle Beach Mall
Location Briarcliffe Acres, South Carolina, USA
Address 10177 North Kings Highway
Myrtle Beach, SC 29572
Opening date 1986
Management Jones Lang LaSalle
Owner Colonial Properties Trust (1986-2007), Jones Lang LaSalle (2007-2014), Peak Financial Partners/Msuma Holdings Corp (2014-current)
No. of stores and services 80+
No. of anchor tenants 5
Total retail floor area (523,414 sq ft (48,627 m2) of GLA space.
Website Myrtle Beach Mall Website

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.

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.[1]

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.[2] It is one of three malls in the Grand Strand area. The super-regional Coastal Grand Mall is located to the south in Myrtle Beach and the other being Inlet Square Mall in Murrells Inlet.

In the early 2000s, a Bass Pro Shops was added, after Kmart which had previously anchored the mall at that end was demolished. The Myrtle Beach Mall store is the only Bass Pro Shops location in South Carolina, and has helped keep the mall a viable retail establishment in the Grand Strand.[2] The second Belk store was added in 1994, as the original Belk store required expansion but was landlocked.[3]

On May 17, 2014, it was announced Peak Financial Partners, a private real estate investment firm, as well as Msuma Holdings Corp acquired the mall for $45 million.[4][5][6]

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 attract more shopers. The first changes would be a redesign of the food court, followed by a conversion of the center of the mall, the theater area and the mall’s front.[7]

Anchors

References

  1. "Myrtle Beach Mall About Us". Myrtle Beach Mall. Retrieved 18 May 2014.
  2. 1 2 "Myrtle Beach Mall Fact Sheet" (PDF). Myrtle Beach Mall. Archived from the original (PDF) on October 2, 2011. 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.

Coordinates: 33°47′33″N 78°46′00″W / 33.7925903°N 78.7667478°W / 33.7925903; -78.7667478

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