CONTACT: Robin Derryberry
FOR IMMEDIATE RELEASE
RISE PARTNERS CLOSES ON EASLEY’S TOWN N’ COUNTRY SHOPPING DEVELOPMENT WITH PLANS FOR NEW IMPROVEMENTS
CHATTANOOGA, Tenn. (April 2, 2019) — Rise Partners, an investment group focused on shopping center acquisitions, redevelopments and ground-up development, today announced its purchase of the Town N’ Country Shopping Center in Easley, S.C. This is Rise Partners third acquisition of 2019.
“We are extremely excited to acquire this established shopping center from the Nalley family,” said Greg Wilson, with Rise Partners. “Bud Nalley originally developed the Town N’ Country Shopping Plaza in 1968 and it has remained a focal point of the community since that time thanks to the Nalley family. We look forward to working with the city to renovate the center to ensure Town N’ Country continues to thrive in the Easley market.”
The 280,000 square foot shopping center is currently anchored by Belk, Hobby Lobby and Staples. The former JCPenney building will be redeveloped to create several new retail spaces to be occupied by national retailers to be named at a later date, which will complement the existing tenants.
“As a former resident of the Upstate and Clemson Alumnus, I am very excited that Rise Partners will be joining the Easley community with the acquisition of Town N’ Country Shopping Center,” said Matt Phillips, with Rise Partners. “We are eager to start our planned improvements of such an important shopping center to the local community.”
For leasing information contact Wes Thurmond at the Providence Group at 704-644-4595.