Lowes Foods Invests Over $1.5 million in Hickory NC Store

Over the summer the Lowes Foods at Mountain View Marketplace celebrated it’s “grand re-opening” following a $1.6 million remodel.

The store’s redesign is part of a companywide re-imaging campaign kicked off in 2014 to emphasize the grocer’s homegrown roots. The renovated stores offer more local products and produce, as well as local recipes and décor than in the past.

“We are a local product, therefore we support local,” said Tim Lowe, the president of Lowes Foods. “There are a lot of people that try to come in and say they’re local, but they are owned by folks in other states. They’re owned by companies overseas.”

He said that Lowes Foods works with more than 200 local farmers and has a partnership with N.C. State University to help farmers bring their products to market.

Read more about the “new” Lowes Foods at Mountain View Marketplace.

Sold: Shoppes at Beauvoir, Biloxi, MS

Biloxi, Mississippi – The development partnership of NLD Biloxi, LLC recently sold Shoppes at Beauvoir, a 6,300 square foot strip center, for $1.85 million. A former Blockbuster Video location on the corner of Beauvoir and Pass Roads, the building was redeveloped in 2013 and is now home to Firehouse Subs, an AT&T Authorized retailer, and The UPS Store.

The buyer, an undisclosed Louisiana investment company, was represented by Christopher K. Dozier of Retail Specialists, Inc. The sellers were represented by co-owner and developer, Doug Molyneaux, CCIM, of Catalyst Retail Developers.

“This re-development project was the vision of Doug Molyneaux, who actively negotiated the acquisition contract, negotiated the tenant leases and lease extensions, and led the marketing effort in the sale,” said co-owner and developer, Brooks Holstein of COMVEST Properties, LLC. “An aggressively structured and priced loan facility with Community Bank Coast, and Senior Vice President, Darney J Derouen, allowed the ownership to develop an appealing exterior elevation which helped attract an excellent mix of national franchise tenants.”


Adam Mitchell Discusses Biloxi CRE with Southeast Real Estate Business Magazine

March 2016 – Our own Adam Mitchell was interviewed recently by John Nelson of Southeast Real Estate Business for his article entitled “Gulf South’s Market is Taking off”. In the excerpt below, Adam shares his thoughts on South Mississippi’s economic drivers and retail real estate outlook.


Southeast Real Estate Business is published by France Publications, Inc. For subscription information, visit www.REBusinessOnline.com.

Shoppes at Popps Ferry: Petco Grand Opening

Biloxi, MS – Store Manager Ed Goyette and Biloxi Ward 3 City Councilwoman Dixie Newman, cut the ceremonial ribbon and declared Biloxi’s Petco open for business on Saturday.

Eager pet lovers streamed in to take advantage of the Grand Opening Celebration specials and to check out the over 12,000 sf of special services and merchandise.

In conjunction with Petco’s Grand Opening Celebration, area animal shelters were on site holding animal adoptions. Our Property Manager, Erica Davis found the purrfect addition to her family!