Hull Property Group

Last updated
Hull Property Group
TypePrivate
IndustryRetail, real estate
Founded1977
Headquarters,
United States
Area served
Southern & Midwestern United States

Hull Property Group is a shopping mall management company based in Augusta, Georgia. It was founded in 1977. The company owns, manages, and re-develops shopping malls in relatively small communities, mainly in the south and mid-west United States. [1]

Contents

History

The company was founded in 1977 as Hull Properties, renamed Hull/Storey in 1993, and became Hull Storey Gibson in 2008. [2]

Among its acquisitions are Regency Square Mall in Florence, Alabama, in 2002, [3] and Victoria Mall in Victoria, Texas in 2003. [4]

In 2007, Hull Storey offered eleven of its properties for sale. These malls were located in Alabama, Georgia, North Carolina, South Carolina, and Tennessee. The malls were to have been sold to Hendon Properties, [5] but the deal failed in early 2008. [6]

Hull Storey Gibson also bought Macon Mall of Macon, Georgia in 2010 and began renovations on it. [7] Danville Mall, formerly Piedmont Mall, was bought in 2013.

In September 2014, the company was restructured with the mall retail arm being renamed Hull Property Group. [8]

In January 2017, Hull Property Group purchased the Hudson Valley Mall in the upper Hudson Valley region of New York state. [9]

In January 2020, Hull Property Group purchased The Mall at Whitney Field, in Leominster, Massachusetts. [10]

In May 2021, Hull Property Group announced that it will purchase the Charleston Town Center Mall in Charleston, West Virginia. [11]

List of properties

Mall properties managed by Hull Property Group include: [12]

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Carolina Mall is an enclosed shopping mall in Concord, North Carolina. It is one of two shopping malls in the city, the other being Concord Mills. Opened in 1972, Carolina Mall is owned and managed by Hull Property Group. The anchor stores are Staples, Belk, and JCPenney. There is 1 vacant anchor store that was once Sears.

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References

  1. "Hull Storey Gibson". Business Week. Archived from the original on October 18, 2013. Retrieved 18 October 2013.
  2. "Company overview". Hull Storey Gibson. Retrieved 18 October 2013.
  3. Sahurie, Emilio (19 July 1995). "Bucking a trend". Times Daily. Retrieved 18 October 2013.
  4. Doyle, Thomas (20 September 2003). "Georgia-based firm plans improvements". The Victoria Advocate. Retrieved 18 October 2013.
  5. Cline, Damon (21 November 2007). "Hull Storey to sell 11 malls". Augusta Chronicle. Retrieved 18 October 2013.
  6. Cain, Alexander (24 March 2008). "Milledgeville Mall sale crumbles". The Union Recorder. Retrieved 18 October 2013.
  7. Sams, Douglas (16 September 2010). "Hull Storey Gibson buys Macon Mall". Atlanta Business Chronicle. Retrieved 18 October 2013.
  8. Grice, DeWayne (22 September 2014). "Jim Hull: Retail future is promising in Statesboro". Statesboro Herald. Retrieved 20 July 2018.
  9. Kemble, William J. (6 January 2017). "Sale of Hudson Valley Mall complete, but new owner of Ulster property ties improvements to assessment deal". dailyfreeman.com. Retrieved 10 January 2017.
  10. "This Leominster mall just sold for $16M - Boston Business Journal".
  11. Flatley, Jake (2021-05-10). "Charleston mayor: Town Center Mall has a buyer in Georgia based group". WV MetroNews. Retrieved 2021-05-10.
  12. "Mall Properties". Hull Property Group. Retrieved 20 July 2018.