Gville92

This information is partially correct. Yes, the developer did close on the sale of a parcel to Rooms To Go last week and they started construction this week. I would expect to see more information about this in the press shortly. However, Magnolia Park is not on hold. In fact, I understand the developer has been finalizing deals with several large tenants. It appears that this is one of the few real estate projects in this economy that actually has activity going on. This is most likely due to the success of the existing retailers at Magnolia Park - Regal is doing exceptionally well as the #1 volume theatre in North and South Carolina, Costco is doing great business as the Magnolia Park store does twice the volume of Spartanburg, and the Bed Bath & Beyond store in the #1 Bed Bath in the state. It is also obvious the developer must have exceptional relationships with its tenants to get deals done in this market. I hope we hear more good news out of Magnolia Park soon!

I'm lost. what tenants are they trying to bring here? does anyone know