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WORK BEGINS TO TRANSFORM FORMER JCPENNEY AT THE AUBURN MALL


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Hull Property Group, owners of the Auburn Mall, announced today the commencement of a large-scale project that will transform the building formerly occupied by JCPenney. The project includes the creation of a new mall entrance, additional exterior facing retail storefronts and outparcel opportunities.

Work will begin with the demolition of 35,000 square feet or approximately 60% of the former anchor space facing E. University Drive. After the demolition of the exterior wing of the building has been completed, the company will create approximately 16,500 square feet of new, exterior facing shop space with premier visibility on E. University Drive. A new entrance to the Mall will also be added in the area to allow patrons easy access to popular mall tenants such as Dillard’s and the recently opened Ole Times Country Buffett.

“We are excited to be once again working with the City of Auburn to facilitate the transformation of a vacant and oversized building. In today’s retail environment there are very few first class uses for a space of this size and age. Demolishing the space will allow us to create sizeable retail offerings and will provide additional real estate for new outparcel opportunities, said Jim Hull, Managing Principal of Hull Property Group. “The City of Auburn has been at the forefront of supporting efforts to attract new restaurants and retailers to the community and this is one more step in the right direction of creating a successful shopping and dining destination for the people of Auburn.”

Interior demolition and structural preparation of the JCPenney space has begun. The work is expected to continue for several more weeks with the exterior demolition of the building slated for early summer. Patrons may notice signs of construction, but the project will not impact day to day mall operations. Construction is anticipated to be completed by the end of 2019.

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About Hull Property Group:

Hull Property Group is a multifaceted retail real estate acquisition, management and development company headquartered in Augusta, Georgia. Established in 1977, Hull Property Group is one of the largest privately owned retail real estate companies in the United States and has an owned portfolio in excess of 16 million square feet across 14 states. Hull Property Group has a consistent record of property redevelopment and improvement as well as a demonstrated commitment to building strong community relationships to foster economic development.

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